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Bloomberg

Fresh Doubts Raised on China's Bad-Loan Data
Bloomberg
CBRC Chairman Guo Shuqing, almost one year into the job, has launched a campaign to root out malpractice and strengthen controls over the banking industry amid surging risks from poor corporate governance, violation of lending policies, and cross ...

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Nasdaq

VTB in talks to prolong Angola's $1.5 billion loan to 10 years
Reuters
MOSCOW (Reuters) - Russia's VTB is in talks with Angola on changing the terms of, and extending, a $1.5 billion loan, the bank's Chief Executive Andrey Kostin told Reuters in an interview. “This topic is interesting for us, we have a fairly positive ...
Russia's VTB CEO Says Ready to Provide Loan to CEFC for Rosneft StakeU.S. News & World Report
Russian lender VTB says made extra provisions for risky loansNasdaq

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Forbes

7 Reasons You Might Have Been Turned Down For A Refund Anticipation Loan
Forbes
Tax season officially opens on January 29, 2018, and that means that the rush to benefit from a tax refund has already started. The law now requires the Internal Revenue Service (IRS) to hold refunds tied to the Earned Income Tax Credit (EITC) and the ...

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Reuters

Saudi Arabia asks banks for proposals to refinance $10 billion loan, raise more debt
Reuters
The refinancing of the loan, which was raised in 2016, will include a repricing of the facility and the extension of its maturity to 2023 from 2021. An Islamic finance tranche using a murabaha structure will be added to the loan. The plans are a step ...

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Bloomberg

Zimbabwe President Seeks to Woo Lenders by Paying Loan Arrears
Bloomberg
Zimbabwe is committed to repaying arrears to external lenders so that it can resume support programs with institutions such as the International Monetary Fund and end years of isolation from global capital markets, said the country's president ...

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Daily Californian

$2M loan may save Berkeley-based radio station KPFA from closure
Daily Californian
The Pacifica Foundation, the parent company to the Berkeley-based KPFA radio station, will be receiving a $2 million loan that could save KPFA from closing because of debt owed, following a lawsuit by Empire State Realty Trust Inc., or ESRT. In an ...



Hill, agencies target home loan 'churning' aimed at veterans
The Daily Herald
The number of lenders aggressively targeting veterans with misleading refinance schemes has fallen to less than a dozen, said Jeffrey London, director of loan guaranty service at the Department of Veterans Affairs. However, he told a House subcommittee ...

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UPDATE 1-India's Axis Bank profit rises as bad loan additions slow, shares up
Reuters
Jan 22 (Reuters) - Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a 25 percent rise in quarterly net profit on higher interest and fee incomes as well as a sharp slowdown in bad loan additions. Shares in company rose as ...

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Gates Foundation To Repay Nigeria's $76M Loan After Polio Strides
Patch.com
SEATTLE, WA — The Bill & Melinda Gates Foundation is reportedly repaying a $76 million loan that helped Nigeria take enormous strides in vaccinating its citizens against polio. Nigeria took out the loan in 2014 from Japan and it was to begin repaying ...



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