Banks (Finance)
Thailand's six major banks, including Bangkok Bank (BBL), Krungthai Bank (KTB), Kasikornbank (KBank), SCB X (the holding company of Siam Commercial Bank), Bank of Ayudhya (Krungsri) and TMBThanachart Bank (ttb), are likely to face rising asset risks over the next several years due to a continued increase in
Banks (Finance)
Lenders in India are facing increasing stress in various segments of their portfolios, with micro and small-medium enterprises (MSMEs) and vehicle finance emerging as areas of concern. Data from credit bureaus and financial institutions reveals that the proportion of MSME borrowers holding three to five active loans accounts has increased
Banks (Finance)
Bank of Montreal reported a 25 percent increase in profit and a 26 percent rise in earnings per share, beating analysts' consensus estimate. The bank's loan loss provisions fell to $797-million, compared to $906-million a year ago. Darryl White, CEO, attributed the improved results to a receding
Banks (Finance)
Representatives from the All India Kisan Sabha (AIKS) and other people's organizations submitted a petition to the Eluru District Lead Bank Manager, Neeladri, requesting that banks provide crop loans to tenant farmers with valid recognition cards. The delegation, led by AIKS Eluru district secretary Donta Krishna, sought joint
Banks (Finance)
Lendio, the nation's leading small business financing platform, has launched a groundbreaking technology that allows small business owners to receive real-time offers for SBA loans from trusted lending partners. This innovation streamlines the access to government-backed funding for startups and growing businesses, making it easier for them to
Banks (Finance)
Maharashtra, Kerala, Andhra Pradesh, and Tamil Nadu have emerged as top states in the disbursal of education loans by public sector banks (PSBs) over the last three financial years between FY 2022-23 to 2024-25. According to the Reserve Bank of India (RBI) data, PSBs sanctioned a total of Rs 11,
Banks (Finance)
The Governor of the Bank of Ghana, Dr Johnson Asiama, has announced a series of regulatory reforms aimed at strengthening governance across the banking sector and ensuring that credit obligations are honored. As part of these reforms, a new Credit Risk Management Directive, aligned with Basel principles, will set minimum
Bank loans
Highwoods Properties, Inc. has successfully restructured a $200 million unsecured bank term loan, extending the maturity date from May 2026 to January 2029. This move allows the company to maintain a stable financial foundation while also providing flexibility in its long-term financing strategy. The interest rate on the new term
Banks (Finance)
The non-performing loans (NPLs) ratio of Philippine banks reached a three-month low in June 2025, driven by lower interest rates, according to the Bangko Sentral ng Pilipinas (BSP). The NPL ratio stood at 3.34 percent, the lowest since March 2025 when it was at 3.3 percent. The recent
Banks (Finance)
A massive fraud has come to light at the Fergusson College Road branch of a prominent private bank, involving a staggering amount of Rs.11.47 crore. The accusations have been leveled against Manik Bihani and Satish Bhutada, partners of firm M/s Rohit Service Station, and Rohit Bihani, who
Banks (Finance)
High street banks across the UK have seen a staggering £100bn in savings disappear as more customers switch to online lenders and building societies, a trend that experts warn will continue to put pressure on the banking sector. The traditional banks' market share in deposits has dropped from 84%
Banks (Finance)
As the economy continues to face challenges in 2025, consumers are increasingly searching for immediate financial solutions. To address this need, RadCred, an online loan marketplace, has updated its platform with features such as soft-pull pre-qualification, direct lender access, transparent offer details, and same-day funding potential. These updates aim to
