Monthly Archives: May 2020

Exclusive: Ukraine expects $5bn IMF loan approval and down payment next week – PM

By Natalia Zinets, Matthias Williams kyiv (Reuters) – Ukraine expects the International Monetary Fund (IMF) to approve a $5 billion loan on June 5 and disburse the first tranche of $1.9 billion the next day, it said on Friday. Prime Minister Denys Shmygal told Reuters. Ukraine’s Prime Minister Denys Shmygal speaks during an interview with […]

Business Update: Ukraine Expects $5 Billion IMF Loan Approval on June 5, First Payment the Next Day – KyivPost

Ukraine expects $5 billion IMF loan to be approved on June 5 Prime Minister Denys Shmyhal said in an interview with Reuters. The first tranche of $1.9 billion could be disbursed the following day. Ukraine needs the loans to cope with an economic shock caused by the coronavirus pandemic. Gross domestic product could fall 12% […]

Small business loan approval rates drop to record lows in April

Small businesses are struggling to get the non-government money they need from banks to stay open, according to a new index. This at a time when they need it most. Specifically, the approval rate for small business loans fell to 8.9% in April from a record high (28.3%) in February. This is the lowest approval […]

Small business loan approval rates have fallen to record lows

NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) — The approval percentage for small business loan applications to big banks (over $10 billion in assets) fell below double digits to just 8.9%down from 15.4% in March and an all-time high of 28.3% in February 2020, according to the Biz2Credit™ Small Business Loan Index published today. The […]