Tag: Banks
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Pak seeks $600 mn in loans from China banks to bridge financing gap: Report
[ad_1] Cash-strapped Pakistan has sought USD 600 million in fresh loans from two Chinese banks to bridge a big financing gap as it negotiates with the IMF for the release of the second tranche of a USD 3 billion bailout package, a media report said on Wednesday. Citing sources, The Express Tribune newspaper…
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MP accuses UK’s biggest banks of being ‘far too slow’ to reward savers
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The chair of a powerful group of MPs has criticised Britain’s biggest banks for “doing as little as they can get away with” to reward savers, after…
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Fintech VC Flourish Ventures banks US$350M to double down on emerging markets
[ad_1] The Flourish Ventures team Flourish Ventures, an early-stage fintech investor for the US and emerging markets, has secured US$350 million from Pierre Omidyar, bringing its total funding to US$850 million under management. Also Read: Despite decline, global fintech funding remains fairly stable: McKinsey report This funding comes on top of the initial US$200 million…
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Brighton food banks fear closure amid soaring costs and demand, report finds
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Emergency food providers in Brighton and Hove fear being forced to close in the next six months due to soaring demand amid the cost-of-living crisis, a report…
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Two houses that risk being washed into the sea along the Outer Banks of North Carolina are snapped up by National Parks Service for $700,000 – and both will be torn down
[ad_1] Two oceanfront houses at risk of being washed away in the ocean from the North Carolina coast were purchased by the National Parks Service. The East Beacon Road homes in Rodanthe, North Carolina, along the Outer Banks were in danger of collapsing due to beach erosion. For $700,000, the feds bought the homes with immediate intentions…
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Major US Banks Show Profit Boost, But Some Caution From Consumers
[ad_1] *Originally Published By Reuters.com NEW YORK, Oct 13 (Reuters) – Major U.S. banks said on Friday higher interest rates boosted profits even though the economy was slowing and consumers showed signs of more cautious behavior. JPMorgan (JPM.N), Wells Fargo (WFC.N) and Citigroup’s (C.N) earnings indicated higher U.S. Federal Reserve interest rates had allowed them…
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Six high-street banks given ‘red’ warning over eco policies, Which? reveals
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to…
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Value of loans issued by Kyrgyzstan’s commercial banks increases
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Last Date To Exchange ₹ 2,000 Notes At Banks Extended Till October 7: RBI
[ad_1] New Delhi: The Reserve Bank of India (RBI) has announced an extension of the last date to exchange ₹2,000 notes at banks until October 7, as per a statement released today. Notably, the ₹2,000 note will continue to be valid even after the exchange deadline lapses, extending beyond the previous cutoff date, which was…
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Evo Commerce banks US$2.8M more for product development, Asia expansion
[ad_1] (L-R) Evo Commerce Co-Founders Roy Ang (CEO) and Teoh Ming Hao (COO) Evo Commerce, a direct-to-consumer health & beauty startup based in Singapore, has secured US$2.8 million in equity and debt financing. Shanghai-based firm IJK Capital led the round, with participation from Carousell Co-Founder and CEO Quek Siu Rui, Fave Co-Founder Joel Neoh, and…