Uber drivers with rave reviews in Kenya to qualify for loans

2016-05-26 09:43

Uber drivers in Kenya have an additional incentive to go the extra mile: a local bank is offering them car loans based on how clients rate their service.

Nigeria's Dangote signs Chinese bank loan

2016-04-12 15:11

Dangote Group has signed a deal for a $2bn loan from the Industrial Commercial Bank of China for two cement plants, he told Reuters.

Lending by China’s biggest banks falls

2015-11-16 08:51

The loans outstanding of China’s four biggest banks have declined for the first time since at least 2009, adding to warning signs for a tepid economy.

China expands cheap loans to policy banks

2015-11-02 12:30

China’s central bank has offered 70.5 billion yuan to its three policy banks under the Pledged Supplementary Lending programme, expanding the size of the facility.

Capitec slumps as SA mulls caps on loan rates

2015-07-08 10:14

Capitec Bank's share price has dropped the most in more than seven years after the Government has suggested capping interest rates and fees on loans.

Finbond to appear before tribunal

2015-06-21 15:03

Customers who have borrowed money from FinBond could receive a refund after the National Credit Regulator announced that it had referred Finbond Mutual Bank (Finbond) to the National Consumer Tribunal for charging excessive credit life premiums.

Avoid being an ATM on legs

2015-05-30 10:20

Friends and money generally don’t mix, as many people have found out the hard way.

UK insurance mis-selling complaints drop

2015-01-27 11:32

The number of complaints received by Britain's Financial Ombudsman about the mis-selling of loan insurance by banks has fallen.

Mounting bad loans hamper Zim banks

2014-12-29 11:17

Credit risk continues to be the biggest drawback for Zimbabwean banks as non performing loans reached 20.45% for the nine months to September.

UK watchdog to cap interest on payday loans

2014-11-11 12:05

From January the interest charged on loans by payday lenders in Britain will be capped at 0.8% a day to cut the cost of short-term loans.


DA urges IDC to give Guptas 'a wide berth'

2016-05-25 12:45

The Industrial Development Corporation should “follow the lead of the commercial banks and give the president’s pals a wide berth in future”, says the Democratic Alliance.

Eskom signs R2.3bn credit deal with France

2015-11-23 12:34

Eskom has signed a R2.3bn credit facility agreement with a French funding agency to finance distribution projects in the Eastern Cape, KwaZulu-Natal and Limpopo.

Fewer non-performing loans for Nedbank's Zim unit

2015-11-12 13:36

The non-performing loans ratio for Nedbank’s Zimbabwean unit has dropped to 2.9%, in an ailing economy where other banks have been forced to write off crucial values.

Bad loans haunt Greek banks seeking new start

2015-09-07 15:00

Greek banks have been badly wounded and limited lending even further, fearful about their exposure to loans many borrowers may never be able to pay back.

China to scrap constraint on bank lending

2015-06-25 09:45

China is to abolish a limit on the amount of loans banks can grant, a liberalising step for the heavily-regulated banking sector.

China's bank loans, money supply growth quicken

2015-06-11 11:45

China's banks have made $145.15bn worth of new loans in May, in line with market expectations, while broad money supply growth accelarates.

UK to review loan insurance compensation

2015-01-30 12:45

Britain's markets watchdog will collect evidence on whether consumers mis-sold loan insurance are being compensated properly.

China Dec bank lending below forecasts

2015-01-15 11:15

Chinese banks have extended $112.55bn in new loans in December, well below market expectations, despite instructions to lend more in the last months of 2014.

UK caps interest on payday loans

2014-11-11 16:15

Interest charged on loans offered by payday lenders will be capped, to cut the cost of short-term loans, criticised for causing misery among borrowers.

Access bond best way to save

2014-10-01 10:51

A smart way to invest surplus money is to deposit it into your home loan as you are saving at the bond rate without paying tax on the interest saved.

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