Lending Agreement

Spain’s Unicaja raises its 2024 profitability target to more than 8%

MADRID, December 10 (Reuters) – Spain’s Unicaja (UNI.MC) said on Friday it had raised its 2024 return on tangible equity (ROTE) target to more than 8%, from an estimated ROTE of 2.5% in 2021 through cost savings and a boost in consumer and business loans with stable fees. The lender calculated the profitability target on the basis of an excess ...

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Why the price jumped today

Quest Resource Holding Corp’s (NASDAQ: QRHC) share price rose over 18% during intraday trading today. That’s why it happened. Quest Resource Holding Corp (NASDAQ: QRHC) – a national leader in environmental waste and recycling services – has risen more than 18% in today’s intraday trading. Investors are responding positively to Quest Resource Holding Corporation which today announces the acquisition of ...

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WeLab acquires Bank Jasa Jakarta in Indonesia, plans to launch second digital bank in Asia, after successful launch in Hong Kong

A consortium led by WeLab raised US $ 240 million – the largest fintech fundraiser in Indonesia in 2021. Move is expanding its Pan-Asian digital banking services to the huge Indonesian market. WeLab will become one of the first pan-Asian fintech platforms to operate multiple digital banks in the region. HONG KONG, December 6, 2021 / PRNewswire / – WeLab, ...

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Bad recovery of defaulted loans, new headache for banks

The recovery in delinquent loans has not kept pace with the escalation of delinquent assets in Bangladesh, affecting banks’ income and cash flow. Between January and September, banks recouped 4,195 Tk crore from their non-performing loans, which was 3,751 Tk crore in the same period a year ago, according to central bank data. For all the latest news, follow the ...

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San Antonio-based North American Development Bank Approves New Infrastructure Projects; broadens the scope of the mission

The North American Development BankThe board on Friday approved up to $ 87.5 million in funding for infrastructure projects along both sides of the US-Mexico border. It also agreed to broaden the range of sustainability-supporting projects it could finance in the future, by expanding its investments in tackling climate change and promoting an eco-friendly economy. “We are delighted to take ...

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Digital Lending Platforms Market Report 2021-26

According to the latest IMARC group report, entitled “Digital lending platform Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, the The global digital lending platform market has experienced strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026. A digital loan platform (DLP) is ...

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CARS24 raises $ 20 million in debt financing from CBD

CARS24 raises $ 20 million in debt financing from CBD New • November 30, 2021 Edit India-based automotive e-commerce platform CARS24 has raised 75 million dirhams ($ 20 million) in local debt financing from the Commercial Bank of Dubai (CBD), to fuel its operational expansion in the United Arab Emirates . Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra ...

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Uganda denies media reports of China’s takeover of its airport

Saturday 27 November, the spokesperson for the Uganda Civil Aviation Authority (UCAA) fired media reports, which claimed that China would take over the country’s only international airport due to non-payment of a loan taken to expand the airport. Uganda signed a loan agreement on March 31, 2015 with the Export-Import Bank (Exim) of China for the expansion of Entebbe International ...

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Lakeview Hotel Investment Corp Reports Second Quarter 2021 Results

WINNIPEG, MB, November 26, 2021 / CNW / – Lakeview Hotel Investment Corp (“LHIC”) is pleased to report quarterly financial results June 30th, 2021. The following comments on financial results should be read in conjunction with the June 30, 2021 the financial statements and the MD&A which are available on the SEDAR website www.sedar.com. The Covid-19 pandemic continues to negatively ...

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Aquarius AI Inc.Announces Acquisition of Latest Generation Bitcoin Mining Platforms

Vancouver, British Columbia – (Newsfile Corp. – November 25, 2021) – Aquarius AI Inc. (CSE: AQUA) (“AQUA” or the “Company”), is pleased to announce the purchase of 100 Bitmain S19 Pro 100 TH / s mining rigs (“Rigs”) and has further entered into a non-binding letter of intent with Compass Mining Inc (“Compass”) for the provision and hosting of an ...

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