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Iranian banks’ loans to firms up 59% in March-November: CBI
Figures by the Central Bank of Iran (CBI) show that banks in the country paid nearly 60% more loans to businesses and companies between March and November as part of efforts in the country to help the economy recover from the impacts of US sanctions and the spread of the coronavirus pandemic.
Louvre Abu Dhabi to welcome 59 new loans, 56 new acquisitions
Louvre Abu Dhabi will be welcoming 59 new loans and 56 new acquisitions to its galleries in the coming months, continuing to enrich the museum’s universal narrative by sparking new dialogues around shared history and cultural connections.
Oxfam says IMF loans force spending cuts that exacerbate poverty
The vast majority of International Monetary Fund loans extended during the COVID-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam said.
Watchdogs: US Treasury too secretive on small business loans
The US President Donald Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program. But government watchdogs say even more transparency is needed to get an accurate picture of who was helped, and who was left out.
UK government under fire for cheap loans to big firms
The UK government has been criticized for handing out more than £16 billion in cheap loans to well-known firms such as John Lewis and Tottenham Hotspur.
Australia's big banks search for new customers with cut price fixed loans
Australia and New Zealand Banking Group cut fixed mortgage rates on Friday, the last of the country’s growth-starved big banks to do so in recent weeks as they chase new customers amid lower funding costs.
China central bank injects ¥267b in targeted loans as broader easing appears on hold
China’s central bank extended ¥267.4 billion ($39.8 billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide struggling smaller business with a steady stream of affordable financing.
US farmers risk loss of federal payments, loans, from shutdown
The end of 2018 seemed to signal good things to come for America's farmers. Fresh off the passage of the farm bill, which reauthorized agriculture, conservation and safety net programs, the Agriculture Department last week announced a second round of direct payments to growers hardest hit by President Donald Trump's trade war with China.
Ireland central bank chief says bad loans a 'national systemic risk'
Ireland’s central bank governor Philip Lane said on Sunday that bad loans held by the country’s retail banks represent a ‘national systemic risk’ in the event of an economic downturn.
Could student loans ruling mean the system is redesigned?
An announcement today could affect the future of the student loans system in the UK.
UK Lenders told to be vigilant over loans
Lenders have been told to raise their game after regulators highlighted the risks in the consumer credit market.
Iran eyes ‘bad bank’ to mop up toxic loans
Iran’s central bank is preparing to set up a “bad bank” to cleanse its financial system of a vast pile of toxic loans after studying the models used by other countries, such as Sweden, Japan and South Korea.
Approve loans on time
India’s Finance Ministry is likely to ask public sector banks to stick to a time-bound process of loan approvals and issue guidelines that specify timeframes for sanctioning or rejecting various kinds of loans.

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