Tag: Loans
What is the new maturity limit for vehicle loans?
With the increase in interest rates on vehicle loans, many people have changed their car buying habits. However, there were also recessions in the automobile markets. According to new news…
Asset Management Company Announced: Billions of Dollars of Demand for Bitcoin-Backed Loans!
Asset management company Two Prime announced that Bitcoin (BTC)-backed loan demand has reached $2 billion. Two Prime announced that its new service, which offers loans through cryptocurrencies, is in great…
Tether Did Not Keep Its Promise: USDT Loans Reached 5.5 Billion Dollars! Official Statement
It was revealed that Tether, the world’s largest stablecoin issuer, did not keep its promise in 2022 and continued to provide USDT-secured loans to customers and the amount increased. Tether…
Creditors are likely to grant Country Garden another reprieve
The Chinese real estate company Country Garden The group’s short-term payment defaults during the crisis become less likely due to the deferred repayments. (Photo: Reuters) Shanghai/Hong Kong According to insiders,…
CBRT Doubled the Daily Limit of Rediscount Loans
The Central Bank of the Republic of Turkey (CBRT) increased the daily limits by making a new regulation for Export and Foreign Exchange Earning Services Rediscount Credits. In an announcement…
Banks are tightening their criteria for loans to climate sinners
lignite mining Many banks want to further tighten their regulations for climate-damaging companies. (Photo: dpa) Frankfurt The climate compatibility of companies is apparently playing an increasing role in their lending…
Greece repays aid loans early
Athens The Greek government wants to raise the country’s bonds above junk levels again. (Photo: Bloomberg) Athens The new Greek economy and finance minister Kostis Chatzidakis wants to open the…
Thanks to Citi, fintech Silvr can arrange new loans of up to 200 million euros
Paris skyline The Parisian fintech Silvr wants to use the new credit line to be even more active in the existing markets of France and Germany. (Photo: Moment/Getty Images) Frankfurt…
Commerzbank writes off Swiss franc loans again due to ECJ ruling
Commerzbank Commerzbank explained that the write-down will not change anything for the time being on the German parent company’s goal of significantly increasing earnings in the current year. (Photo: Reuters)…
KfW interest rate rises to almost eight percent – number of student loans collapses
Berlin The market for student loans collapses: in 2022 the number of new contracts fell to a low of 24,000, in 2014 it was almost 60,000. This is shown by…
Business with new corporate loans is stagnating
Financial district in Frankfurt The higher interest rates could reduce demand for long-term loans in particular. (Photo: dpa) Frankfurt The record-breaking growth in new loans to German companies and the…
These are the best car loans
car financing The terms of car loans are often the same as those of general installment loans. (Photo: dpa) Cologne Cars are expensive. In 2022, 27 percent of all used…
With Binance’s New App, NFTs Can Be Collateralized When Buying Loans
Binance, the world’s largest cryptocurrency exchange in terms of trading volume, is preparing for a new NFT move. According to the statement made by the exchange, the company will allow…
Robin Hood Action From DeFi Abuser: Users Pay Their Loans!
The multimillion-dollar attack on the decentralized finance (DeFi) protocol Yearn Finance (YFI) benefited users with debt in the old version of Aave (AAVE) V1. One of the cryptocurrencies hacking attack…
Deutsche Bank cuts loans to fossil fuel companies
Deutsche Bank in Frankfort Deutsche Bank financed fewer oil, gas and coal companies last year (Photo: imago images/Jan Huebner) Frankfurt Last year, Deutsche Bank financed fewer fossil-fuel companies and projects…
Collapse of SVB tears gap in start-up loans
Berlin, Frankfort The electronics rental company Grover, the insurance company Wefox and the cleaning agent company Everdrop have already done it, and according to financial circles the hydrogen start-up Sunfire…
France wants to expand access to real estate loans
Construction site in France Lending volume for real estate has recently also fallen significantly in France. (Photo: IMAGO/viennaslide) Paris In France, too, the rapid turnaround in interest rates by the…
How Beijing is changing the international financial architecture with bailout loans
Chinese Central Bank (PBOC) in Beijing 60 percent of all Chinese foreign loans are now at risk of default. (Photo: Reuters) Berlin The numbers are huge: since 2010, China has…
Demand is increasing – but banks are granting fewer loans
house building Financing based on small surpluses “is no longer easily waved through.” (Photo: mauritius images / Ralf Gerard) Frankfurt The number of newly granted home loans is lower than…
Bankrupt BlockFi Will Sell 160M Loans Backed by Bitcoin Mining
It has been learned that bankrupt crypto loan platform BlockFi plans to sell $160 million in loans backed by 68,000 Bitcoin (BTC) mining devices. Bloomberg’s January 24 Sources close to…