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Monday, October 21, 2019

Tag: Loans

India’s HDFC Bank profit up 20% in third quarter

Loans have grown at a quicker pace at private-sector banks which have grabbed market share from state-controlled lenders that carry the majority of bad loans in India.

Are Malaysian banks in for a tough time?

Moody’s Investors Service has announced that property loans are the greatest threat to Malaysian banks.

PTPTN: Don’t be ashamed to follow what BN did, says fund’s...

Former PTPTN chairman Shamsul Anuar Nasarah says new repayment scheme may increase collections but will put a strain on borrowers to pay back.

PTPTN borrowers needing ‘special consideration’ can appeal, says Wan Saiful

The PTPTN chairman says he understands the concerns that some borrowers may have but the loans must be paid back.

Najib slams PH for ignoring students from middle-income households

The former prime minister says students from M40 households have studied just as hard.

Former students have failed to pay back RM2.74 bil in PTPTN...

PTPTN needs RM3 billion a year to help students continue their studies, Dewan Rakyat told.

Pakistan PM to visit China, seeking funds as IMF bailout looms

The confirmation of Khan’s first visit to China as premier comes days after Pakistan secured US$6 billion dollars in funding from Saudi Arabia to help stave off a widening balance of payment crisis.

Najib: Why blame me for students not paying PTPTN loans?

The former prime minister reminds Pakatan Harapan that it was them who had instigated students not to repay their loans before GE14 and had promised to wipe out the loans.

Najib defends PTPTN debtors, hits out at PH’s hypocrisy

The former prime minister, however, advises those capable of repaying their loans to do so as PH's populist moves have put pressure on government's finances.

The importance of getting a financial education

Financial independence is achievable for everyone in their lifetimes, and for most within a decade or less with a disciplined, well-structured process.

Tough measures needed on PTPTN loan repayment

It is time to leave populist and political considerations aside.

I’m ashamed but they’re not, Dr M says on PTPTN debtors

The prime minister says many can afford to repay their loans but do not because they are untrustworthy.

Saudi sovereign fund secures US$11 billion loan

The PIF had previously sought to raise billions of dollars through an initial public offering of shares in Aramco to fund projects that seek to reduce the kingdom's dependence on oil.

FIFA report proposes regulating transfer fees, limiting player loans

The FIFA report says that an inflated transfer market is driving "unsavoury practices which may lead to the exploitation of players".

Petronas-Saudi Aramco venture seeks commitments for US$9.7 billion loan

The new borrowing comprises three tranches: an export credit agency facility, an ECA-covered portion and an uncovered commercial piece of around US$3.08 billion.

47% of Malaysian youths in steep credit card debt

BNM assistant governor urges youths to be more financially savvy.

China hosts African leaders amid aid criticism

Nations across Africa are hoping that China's enthusiasm for infrastructure investment will help promote industrialisation in their countries.

Taiwan’s last African ally holds out despite overtures by China

Chinese President Xi Jinping is likely to use the Africa summit to offer a generous new round of aid and loans to the continent.

ICBC profit rises most since 2014 amid China de-risking campaign

The order to step up lending comes against a backdrop of rising corporate defaults and a surge in bad debt in the second quarter, though most of the increase came from rural lenders.

ECRL cancelled until we can afford it, says Dr M

The prime minister says the focus for Malaysia now is to solve its financial deficit.

Former Trump lawyer Cohen being investigated for US$20 million in loans

The loans are part of an investigation into whether Cohen committed bank and tax fraud, and for possible campaign law violations involving adult film star Stormy Daniels.

Lost your job? Here are 8 tips to help keep you...

From getting financial help to renegotiating your loan repayments and consolidating your debts, there are many ways to weather the storm.

Some promises can be broken, KJ tells PH govt

Rembau MP says he will forgive the government if it goes back on its word on the GST and PTPTN.

New National Housing Policy by year-end

This will simplify legislation and the borrowing process to help people own homes.