Monthly Archives: March 2021

Report: Chinese loan terms hamper post-virus debt talks Beijing Africa Washington Asia Belt and Road Initiative

China’s loans to poor countries in Africa and Asia impose unusual secrecy and repayment terms that hurt their ability to renegotiate debts after the coronavirus pandemic, a group of American and German researchers said on Wednesday in a report. He echoes warnings about problems with Chinese loans, which exploded after Beijing launched its Belt and […]

Kenya awaits approval of 263 billion shillings IMF loan starting next week

Economy Kenya awaits approval of 263 billion shillings IMF loan starting next week Wednesday, March 31, 2021 Dr Patrick Njoroge, Governor of the Central Bank of Kenya. PHOTO FILE | NMG By CONSTANT MUNDAMore from this author Summary Central Bank of Kenya Governor Patrick Njoroge said some $ 314 million (34.45 billion shillings) is expected […]

Chinese loan terms hamper post-virus debt talks

BEIJING (AP) – China’s loans to poor countries in Africa and Asia impose unusual secrecy and repayment terms that hamper their ability to renegotiate debts after the pandemic, a group of US researchers said on Wednesday and Germans in a report. This comes in addition to warnings about Chinese lending problems, which increased after Beijing […]

You should apply for a Parent PLUS loan, even if you will not qualify

March 31, 2021March 31, 2021Student loan repaymentFeatured, Parent Loans, Pay For College, Student Loans1036Elyssa KirkhamSEO Updated March 31, 2021 Note that the student loan situation has changed due to the impact of the coronavirus outbreak and the relief efforts of the government, student loan lenders and others. Check out our Student Loans Hero Coronavirus Information […]

Report: Chinese loan terms hamper post-virus debt talks

BEIJING – China’s loans to poor countries in Africa and Asia impose secrecy and unusual repayment terms that hamper their ability to renegotiate debts after the coronavirus pandemic, a group of US researchers said on Wednesday and Germans in a report. It echoes warnings about Chinese lending problems, which increased after Beijing launched its Belt […]

Personal loan request rejected? Know the possible reasons for rejection

Updated March 30, 2021 | 05:59 IST Apply for a loan facility only if you cannot do without it as any unsecured personal loan will incur high interest charges Personal loan request rejected? Know the possible reasons for rejection New Delhi: A personal loan often comes to the urgent rescue of those strapped for cash, […]

Two-month extended PPP loan application window

LINCOLN, Neb. (KOLN) – More than 80,000 Nebraska businesses have received P3s loans since last year and an extension signed on Tuesday means there is still time to secure federal funds to help. The PPP Loan Extension moves the application deadline from March 31 to May 31, giving eligible businesses two additional months to use […]

Imran calls on SBP and NBP to ease terms on home loans – Journal

ISLAMABAD: Prime Minister Imran Khan urged the State Bank of Pakistan (SBP) and the National Bank of Pakistan (NBP) to relax the terms of housing loans so people can get the most out of the flagship program government Naya Pakistan Housing (NPHP) to build their houses. “I ask the Governor of the State Bank Reza […]

That’s the average personal loan amount in South Africa right now – as banks tighten

New data from TransUnion shows the average loan size in South Africa – how much the country’s citizens borrow from the bank for personal use – based on figures from the fourth quarter of last year. The results are contained in a credit bureau’s Q4 2020 South Africa Industry Insights report. They show that personal […]

Opinion: Small Business Administration’s relaxed loan terms offer a silver lining for small businesses

The dominant narrative around US small businesses throughout the pandemic has been pessimistic rhetoric. But there is another side to the history of small business that is emerging. A story of determination, perseverance and new opportunities. Many companies have shown incredible creativity and ingenuity to take advantage of the opportunities arising from the pandemic and […]