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 3,45,765 crore at the end of 2024 as toxic loans ...

Earned wage access is shaping up to be the most divisive financial product in decades as industry trade groups and consumer advocates spar over whether EWA should be classified as credit in order to ...

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

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

The Federal Mortgage Bank of Nigeria has posted an operational surplus of ₦11.5 billion for the 2024 financial year—the first ...

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

The Bangladesh Bank governor said the rise in NPLs is largely due to a long-standing lack of transparency in reporting bad loans and changes in loan classification policies ...

Seylan Bank PLC reported higher earnings for the three months ended in December 2024 on the back of provision reversals ...

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

NAMA set up a sales process. US fund PIMCO was interested in purchasing Project Eagle. During discussions with Nama in 2014 ...

The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said ...