Posts in category

Bank loan


Rivers State Governor Nyesom Wike yesterday accused the federal government of excluding Rivers State from projects to be executed with the new loan requested from the World Bank. He said there was a need to encourage states to exploit their resources and generate income, including value added tax (VAT) to advance their development. Wike said …

The Law Enforcement Directorate (ED) announced on Monday that it had arrested the managing director of a Mumbai-based agricultural company in connection with a money laundering investigation linked to alleged multi-crore bank fraud. Vinod Chaturvedi, managing director of Usher Agro Limited and other group companies, was arrested on September 17 in a case of “bank …

Through Express news service THRISSUR: Sujesh Kannattu, the whistleblower of the Rs100 crore loan fraud at the Karuvannur Cooperative Services Bank and former member of the local CPM committee in Porathissery, has disappeared. Her brother filed a missing person complaint with the Irinjalakuda police on Sunday. According to Brother Suresh Kannattu, “Sujesh left home on …

Regulation Capital and liquidity requirements Describe how capital and liquidity requirements impact the structure of bank loan facilities, including the availability of related facilities. The Capital Requirements Directive IV (CRD IV) and the Capital Requirements Regulation 2013 (CRR), which transpose the Basel III standards into European Union law, entered into effect on 17 July 2013. …

Aircraft lessor Sirius Aviation Capital Holdings said one of its joint ventures closed its first bank facility with Deutsche Bank to refinance the acquisition of five narrow-body aircraft it acquired in 2020. The five planes are leased from three different carriers: three Boeing 737 Next-Generation with Texas-based Southwest, one Airbus A320 with Florida-based Spirit Airlines …

A file photo shows a man counting wads of taka banknotes in Dhaka. – Photo New Age The income deficit, defaulted bank loans and the worsening poverty situation due to Covid-19 are causing some problems for the country’s economy. According to a budget document, the revenue deficit and the increase in unrealized loans in the …

The main tour operator in the Baltic States “Novaturas” repays a long-term loan to “Luminor Bank” AS. The 7e from September 2021, the company returned the remaining 3.04 million euros before the agreed terms. “The growing volumes of the group’s operations, the revenues generated and the positive market outlook allow us to repay the long-term …

Converge ICT Solutions Inc. on Friday announced that it has signed a 3 billion PPP loan with the state-run Land Bank of the Philippines to finance the completion of its domestic terrestrial and submarine fiber backbone and support the working capital requirements of the Internet service provider. “This loan financing brings us one step closer …

Running a business is no easy task. It takes your full attention and hard work. To run the business seamlessly, you need to have an appropriate flow of funds. This is possible with the help of business loans. Taking loans from banks, NBFCs or financial institutions gives us that flow of money that solves financial …

PODGORICA, Montenegro, July 21 (SeeNews) – Montenegro has repaid the first tranche of the loan granted by Chinese bank Exim for the construction of the Bar-Boljare highway, Montenegrin media reported on Wednesday. “Montenegro paid € 27.79 million in principal and interest, and the banks in its hedging agreement paid the state € 37.44 million in …