Credit line

Sri Lanka seeks $ 1.5 billion Indian credit line amid crisis

Governor of the Central Bank of Lanka Ajith Nivard Cabraal revealed, Sri Lanka has requested a $ 1 billion line of credit for essential imports and a $ 500 million line of credit for oil imports from India to weather the economic crisis. During the recent visit of Lankan Finance Minister Basil Rajapaksa in India […]

Credit line

India wants Sri Lanka line of credit and Trincomalee oil farm deal progress in tandem – The Island

Shares of LOLC General Insurance (CODE: LGIL-N-0000) have started trading on the Colombo Stock Exchange (CSE). The shares were listed on the board of directors of Diri Savi of the CSE under the sector “P&C Insurance”. The occasion was marked with a special bell ringing ceremony. Representative LOLC General Insurance Limited (LGIL), Managing Director Mr. […]

Credit risk

Top Companies Market Size Analysis of Credit Risk Management Platform 2021 and Forecast to 2028

New Jersey, United States, – Market Research Intellect has been analyzing the technology and markets for the Credit Risk Management Platform since 2018. Since then, through the analysis of company research, we have been very close to the latest market research and development. In addition, Market Research Intellect works closely with many clients to help […]

Credit risk

The return of credit risk does not have to be an unwanted sequel

Consumer credit risk was on the decline in 2021. It could start to return next year, but not necessarily in a way that should still worry banking investors. The average rate of overdue payments rose from October through November for loans from six major credit card banks, according to master trust figures compiled by S&P […]

Credit line

Saudi Arabia conditions Tunisian credit line to IMF requirements

Saudi Arabia is willing to provide Tunisia with a financial facility to support the 2022 state budget, but on condition that the North African country meets International Monetary Fund (IMF) requirements for a restructuring plan , reports Business News. Malek Zahi, Tunisian minister of social affairs, who was in the Gulf country last week for […]

Credit line

Line of credit: Sri Lanka seeks $ 1.5 billion Indian line of credit to overcome crisis

Sri Lanka has requested a $ 1 billion line of credit for essential imports and a $ 500 million line of credit for oil imports from India to weather the economic crisis, ET told the Governor of the Lankan Central Bank, Ajith Nivard Cabraal. During Lankan Finance Minister Basil Rajapaksa’s recent visit to India to […]

Credit line

Ranil urges the government. Speed ​​up line of credit with India before hunger riots break out – The Island

No agrochemical imports yet, only a fraction of liquid fertilizers received By Shamindra Ferdinando The government lifted the ban on importing agrochemicals well over a month ago, but the country has yet to receive much-needed supplies of fertilizer. The president’s office announced on November 22 the end of the ban on imports of agrochemicals introduced […]

Financial credit

Michigan Community Financial Credit Union CEO retires

William “Bill” Lawton, managing director of the Community Financial Credit Union in Plymouth, Michigan, will retire in July. The $ 1.2 billion-asset credit union has retained Humanidei + O’Rourke to help it find its next CEO. Lawton, who has worked for the credit union for about 40 years, started with the organization in 1982 when […]

Credit risk

How MSMEs Can Improve Their Credit Risk Scores

Credit and finance for MSMEs: Credit risk assessment models for SMEs are generally based on the 3Cs approach: capital, character and capacity. By Dr Vishnu Ramachandran Credit and finance for MSMEs: Small and Medium Enterprises (SMEs), the backbone of the Indian economy, are stuck between the large business and retail segments in terms of loan […]

Credit risk

How does ESG change credit risk? India Ratings wants to spot the link

More and more, analysts and investors are trying to find out how ESG factors relate to credit risks for a company. While ESG ratings can help assess a company’s sustainability over the long term, they continue to lack common assessment ground, making it harder for investors to understand them. Credit ratings, on the other hand, […]