Search Results - GulfToday

Suggestions

    SHOWING 46 Results

    China bank loans rise in August, further policy easing expected

    13 Sep 2019

    China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade dispute takes a bigger toll on the economy.

    Pakistan PM directs SBP, NBP to facilitate housing loan applicants

    30 Mar 2021

    Prime Minister Imran Khan while taking notice of difficulties facing the applicants, instructed the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to facilitate those applying for low-cost housing loan under Naya Pakistan Housing Programme.

    Lebanon central bank tells banks to make cheap dollar loans to those hit by Beirut blast

    06 Aug 2020

    Exceptional loans should be made regardless of customer account limits, carry no interest and be repaid over five years.

    India to loan virus-hit Maldives $250m

    20 Sep 2020

    The Indian Ocean archipelago, renowned for its luxury resorts, has been badly hit by the pandemic, with foreign tourists failing to flock back in large numbers after international flights restarted in mid-July.

    India to waive certain interest levies on loans in major relief

    03 Oct 2020

    In a major relief to thousands of individuals and MSME borrowers, the India’s central government in an affidavit informed the Supreme Court that it has taken a decision to waive ‘interest on interest’ (compound interest)

    Opec Fund signs $50 million loan facility

    17 Apr 2021

    The Opec Fund for International Development has announced the signing of a $50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 gigawatt (GW) combined cycle gas-turbine power plant in Sirdarya, Uzbekistan.

    China’s CB offers medium-term loans to financial institutions

    23 Jul 2019

    China’s central bank (CB) offered medium-term loans to financial institutions on Tuesday in an attempt to get more affordable funds to struggling smaller firms, as it steps up efforts to support a slowing economy.

    IMF approves $6b loan package for Pakistan

    04 Jul 2019

    The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday to rein in mounting debts and stave off a looming balance of payments crisis, in exchange for tough austerity measures.

    CBUAE enhances NPL reporting

    27 Jun 2019

    The Central Bank of the UAE (CBUAE) is enhancing its reporting of Non-Performing Loans (NPL) for the UAE banking system to align its methodology with international best practices, in consultation with the International Monetary Fund.

    Pakistan, WB sign $918m agreements

    18 Jun 2019

    Pakistan and the World Bank on Tuesday signed three loan agreements worth $918 million to help support revenue mobilisation and higher education development in the country.

    46 Results