In 2023, the SBA cut lending fees to expand access to borrowers. Now it’s losing money on its flagship program.

Defaulted loans in the country’s banking sector reached a record Tk 345,765 crore at the end of 2024 as toxic loans increased ...

Defaulted loans in the country’s banking sector reached a record Tk 3,45,765 crore at the end of 2024 as toxic loans ...

Non-performing assets in the microfinance sector soared to ₹50,000 crore at the end of December, reaching a 13% ratio of ...

(Reuters) -National Bank of Canada on Wednesday set aside larger than expected reserves for bad loans, signaling challenges ...

These loans give you a lump sum of cash and let you pay down your debt in regular, scheduled installments. But if you have bad credit, the peace of mind that comes with installment loans may seem ...

Global rating agency Fitch expects the new Ksh10 billion ($77.51 million) core capital requirements for Kenyan banks to help ...

Mia Taylor is an award-winning journalist with more than a decade of expertise. She has worked on staff or contributed to some of the country’s leading financial publications including Fortune ...

EXCLUSIVE: A top Ukrainian banker told the Express that Russian firms are being hit by a double whammy of expensive loans and ...

Bank of Nova Scotia beat estimates as it benefited from lower funding costs after the country’s central bank cut interest ...

Financial experts have called on the Central Bank of Nigeria (CBN) to prosecute bank directors with non-performing loans, rather than ...