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Tag: Credit

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Asia Sarojini P -
Bangladesh (Commonwealth Union)_ Mutual Trust Bank Limited (MTB), in partnership with the Bangladesh Medical Association (BMA) and Mastercard, has...

Credit Suisse to pay US$926 million to Ex –Georgian Prime Minister ordered by Singapore International Commercial Court

Commonwealth Maritime and Trade Suraj Atapattu -
Singapore (Common Wealth ) _ An ex-Georgian prime minister was sentenced by a Singapore court on Friday to pay...

$17bn Credit Suisse bond wipeout

News Mayondi Maralande -
On March 29, 2021, Credit Suisse, the Swiss investment bank, announced that it would be facing significant losses related...

Home buyers return to loan market despite rise in credit costs

Insurance & Mortgages News Veronica Elishya -
SYDNEY (CU)_In November last year, banks in Australia started raising their fixed rates on home loans, pushing up new...

Federal Bank sets out to cash in on consumer credit demand ahead of the festive season

Savings & Money News Veronica Elishya -
MUMBAI (CU)_Over the recent past, there has been a noteworthy increase in the demand for credit cards, particularly during...

APRA may intervene as mortgage credit growth rates head for double digits

Insurance & Mortgages News Veronica Elishya -
SYDNEY (CU)_Since late March 2020, when the COVID-19 pandemic triggered a freefall in share prices, a strong recovery in...
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Pressure on ministers to retain Universal Credit top-up

Commonwealth Business Michael Alfonsia -
LONDON (CU)_Last week, United Kingdom's Work and Pensions Minister Thérèse Coffey confirmed that the £20 uplift in universal credit...

Universal credit top-up to be withdrawn as planned

Savings & Money News Michael Alfonsia -
LONDON (CU)_In March last year, when the government of the United Kingdom began to respond to surging COVID-19 infections,...

Consortium of banks raising £200m towards working capital credit

Commonwealth Business Michael Alfonsia -
LONDON (CU)_Over the recent months, there has been a faster-than expected recovery in the global steel industry which has...

Australians doing a Down Under – turning their back on credit?

News Michael Alfonsia -
SYDNEY (CU)_The COVID-19 pandemic has led to a major shift in payment trends in Australia, new data issued by...

Investors expect answers from Credit Suisse earnings following Archegos and Greensill sagas

Commonwealth Business Michael Alfonsia -
After the booming profit beats of its Wall Street rivals, Credit Suisse is expected to report a significant loss...

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