Credit risk

Credit Risk Management Software Market Report (Size, Share

Isle of Man, Aug. 31, 2022 (GLOBE NEWSWIRE) — Douglas Insights recently added the Credit Risk Management Software Market to its research engine to enable researchers and market professionals to identify and analyze current market trends, market growth drivers, restraints and opportunities. Douglas Insights provides a wide range of expert market reports that allow researchers […]

Credit risk

Credit Risk Management Software Market Report (Size, Share

Isle of Man, Aug. 31, 2022 (GLOBE NEWSWIRE) — Douglas Insights recently added the Credit Risk Management Software Market to its research engine to enable researchers and market professionals to identify and analyze current market trends, market growth drivers, restraints and opportunities. Douglas Insights provides a wide range of expert market reports that allow researchers […]

Credit risk

Freddie Mac’s credit risk transfer delivers record first

MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting approximately $151 billion of principal balance unpaid (UPB) single family mortgages. The total was a record for […]

Credit risk

Freddie Mac Credit Risk Transfer delivers record first half

Freddie Mac MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting approximately $151 billion of principal balance unpaid (UPB) single family mortgages. The total was a […]

Credit risk

Freddie Mac’s credit risk transfer delivers record first

MCLEAN, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program announced a CRT issuance in the second quarter of 2022 of approximately $6.5 billion, protecting approximately $151 billion of principal balance unpaid (UPB) single family mortgages. The total was a record for […]

Credit risk

IndusInd Bank – Credit risk increases further, margin under pressure: Systematix

BQ Prime’s special research section brings together in-depth and quality research reports on stocks and the economy from India’s top brokers, asset managers and research agencies. These reports offer BQ Prime subscribers the opportunity to broaden their understanding of companies, sectors and the economy. Systematix Research Report Our readings of the FY22 annual report of […]

Credit risk

Harvesting Farmer Network raises $4 million to help farms at credit risk

Harvesting Farmer Network, which helps farms at credit risk, raised $4 million in a funding round. Social Capital, a Silicon Valley-based technology investment firm, provided the capital, which marks Harvesting Farmer Network’s first institutional investment. These funds will enable the FinTech company to reach over 120 million smallholder farmers across India, as well as explore […]

Credit line

Capital on Tap secures £200m line of credit from JPMorgan and Triple Point

Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access credit at a time when the UK is anticipating a recession and facing historic inflation rates. Launched in 2012, Capital on Tap provides an all-in-one small business credit […]

Credit provider

Listed credit provider slips to £40m after ‘difficult’ year | Yorkshire Business News

Morses Club have slid to a pre-tax statutory loss of over £40m after a ‘challenging’ year for the listed home loan provider. The Batley-based business reported a pre-tax statutory loss of £42.9 million for the 52 weeks to February 26, 2022, compared to a profit of £500,000 in 2020/21. Group turnover increased by 11.2% to […]

Credit line

KfW ready to extend credit line to Uniper as gas losses mount – sources

Gas flames from a stove are pictured in a private house, as the Russian invasion of Ukraine continues, in Bad Honnef near Bonn, Germany March 30, 2022. REUTERS/Wolfgang Rattay/File Photo Join now for FREE unlimited access to Reuters.com Register FRANKFURT, Aug 24 (Reuters) – German public lender KfW (KFW.UL) is ready to provide a line […]

Credit line

Capital on Tap secures £200m line of credit from JP Morgan and Triple Point

Capital on Tap has secured a £200m funding facility from JP Morgan and investment firm Triple Point to support small businesses in the UK. Capital on Tap Secures £200m Funding Facility The company says the funding will help small businesses access credit at a time when the UK is anticipating a recession and facing historic […]

Credit risk

LMA Releases First-of-its-Kind Credit Risk Insurance Policy Template | Insights and Events

On August 10, 2022, the Loan Market Association (“AML“), in association with the Lloyd’s Market Association (“Lloyd’s“) and the International Underwriting Association (“IAU“), published a model credit risk insurance policy (“IRC Policy“). The CRI policy represents the culmination of two years of work by a task force made up of players in the credit insurance […]

Financial credit

TopLine Financial Credit Union receives two twin cities

MAPLE GROVE, Minnesota, Aug. 23, 2022 (GLOBE NEWSWIRE) — Local financial services cooperative TopLine Financial Credit Union has been named Twin Towns Affairs Winner of the Best of Business Reader’s Choice 2022 survey in two categories: Credit Union and Mortgage Lender. The annual Twin Cities Business Survey asks their readership, “Which companies exemplify true excellence […]

Credit risk

Holistic credit risk assessment and objective of safe and unbiased modeling

In this Asia risk webinar, artificial intelligence experts (AI) and machine learning examined the growing applications seen in the field and their merit in credit risk modeling During a panel moderated by S&P Global market intelligence and Asia risk to Japan risk conference held in June, Hiroyuki Yoshizawa, Executive Director and Head of Product, Data, […]

Financial credit

TopLine Financial Credit Union Receives 2022 Twin Cities Readers’ Choice Award “Best of Business”

TopLine Financial Credit Union TopLine honored to be named Best Credit Union and Best Mortgage Lender 2022 TopLine honored to be named Best Credit Union and Best Mortgage Lender 2022 TopLine honored to be named Best Credit Union and Best Mortgage Lender 2022 MAPLE GROVE, Minnesota, Aug. 23, 2022 (GLOBE NEWSWIRE) — Local member-owned financial […]

Credit line

Emergency Line of Credit Guarantee Scheme Helps Travel and Hospitality Sector by Rs 50,000 Crore Cabinet

Information and Broadcasting Minister Anurag Thakur announced on August 17 that the extension of the Emergency Credit Line Guarantee Scheme (ECLGS) from Rs 4.5 lakh to Rs 5 lakh crore had received Union Cabinet approval. According to the minister, the extra money will only be available for the travel, tourism and hospitality industries. After the […]

Credit risk

Net zero liabilities bring a big unknown for credit risk

What does it take for a 10.3 billion euro ($10.5 billion) loan portfolio to deteriorate overnight? A market take? A business mishap? A pandemic? For Rabobank, it was the unveiling of the Dutch government’s plans to make the country’s air safer to breathe. Measures outlined in June by Prime Minister Mark Rutte’s cabinet to tackle […]

Credit line

XS Financial completes $24 million line of credit with Needham Bank

XS Financial Inc. XSHLFName XSF a specialty finance company providing CAPEX and equipment finance solutions to cannabis companies in the United States, has closed a new $24 million line of credit with Needham Bank committing $20 million and acting as administrative agent. XS Financials’ existing $4 million line of credit with an FDIC-insured bank will […]

Credit line

XS Financial completes $24 million line of credit with Needham Bank

LOS ANGELES, CA / ACCESSWIRE / August 18, 2022 / XS Financial Inc. (“XS Financial”, “XSF” or the “Company”) (CSE:XSF) (OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment finance solutions to cannabis companies in the United States, today announced that it has entered into a new $24 million line of credit (“credit facility ”) […]

Financial credit

UNIFY Financial Credit Union teams up with Football Pro Safety Terrell Burgess & Walmart in School Backpack Drive

**Credit Union branches are accepting donations of new backpacks for high school students** **Each donated backpack equals a chance to meet professional footballer Terrell Burgess** TORRANCE, Calif., August 17, 2022 /PRNewswire/ — UNIFY Financial Credit Union (UNIFY) launched a school backpack and supply drive in partnership with Los Angeles Rams Safety #26 Terrell Burgess and […]

Financial credit

UNIFY Financial Credit Union teams up with Football Pro Safety Terrell Burgess & Walmart in School Backpack Drive

**Credit Union branches are accepting donations of new backpacks for high school students** **Each donated backpack equals a chance to meet professional footballer Terrell Burgess** TORRANCE, Calif., August 17, 2022 /PRNewswire/ — UNIFY Financial Credit Union (UNIFY) launched a backpack and school supply drive in partnership with Los Angeles Rams Safety #26 Terrell Burgess and […]

Credit line

Government approves proposal to increase expenditure on emergency line of credit guarantee scheme from Rs 50,000 cr to Rs 5 lakh-crore : The Tribune India

Tribune press service New Delhi, August 17 The government on Wednesday approved a proposal by the Ministry of Finance to increase the expenditure of the Emergency Credit Line Guarantee Scheme (ECGLS) from Rs 50,000 crore to Rs 5 lakh crore and the increased amount will be set aside for l hospitality and related […]

Financial credit

Robins Financial Credit Union Presents Check to Southeastern Technical College Foundation • The Georgia Virtue

Robins Financial Credit Union recently donated $410,000 to 21 organizations as part of its annual community project. Organizations submitted their applications and recipients were chosen by a special committee of the Robins Financial Board of Directors based on their application and request for funding, as well as their reputation and the work they do for […]

Credit risk

5 Factors Lenders Use to Best Measure Your Credit Risk

When applying for a new credit card, loan, or other type of financing, a credit check is almost guaranteed to be part of the application process. Credit scores help lenders predict risk, and lenders can use them to determine an applicant’s likelihood of repaying credit obligations in the future. The vast majority of lenders (90% […]

Credit line

HOZON Auto Obtains 6 Billion Yuan Line of Credit from Huaxia Bank Shanghai Branch

Shanghai (Gasgoo)- HOZON Auto, owner of China’s New Energy Vehicle (“NEV”) brand NETA, signed an agreement with Huaxia Bank’s Shanghai branch a few days ago to carry out comprehensive strategic cooperation in areas such as conventional finance, supply chain finance, investment bank investment business, cross-border business, bond investment, digital finance business and automotive consumer finance. […]

Financial credit

LA Financial Credit Union Launches Employee Knowledge Management Solution

Engageware, the leading provider of customer engagement solutions, today announced that LA Financial Credit Union, based in Pasadena, Calif., has strategically created new operational efficiencies and improved employee experience by deploying the management solution knowledge of Engageware employees to its employee base. Following the launch of Engageware Customer Self-Service in April 2021, LA Financial implemented […]

Financial credit

LA Financial Credit Union Launches Employee Knowledge Management Solution to Increase Investment in Member Engagement

Solution improves member experience by increasing employee productivity and maximizing operational efficiency TEWKSBURY, Mass., Aug. 11, 2022–(BUSINESS WIRE)–Engaging Softwarethe leading provider of customer engagement solutions, the Pasadena, Calif.-based company announced today, LA Financial Credit Unionstrategically created new operational efficiencies and improved employee experience by deploying Engageware Employee knowledge management solution to its employee base. Following […]

Financial credit

LA Financial Credit Union Launches Employee Knowledge Management Solution to Increase Investment in Member Engagement

TEWKSBURY, Mass.–(BUSINESS WIRE)–Engaging Softwarethe leading provider of customer engagement solutions, the Pasadena, Calif.-based company announced today, LA Financial Credit Unionstrategically created new operational efficiencies and improved employee experience by deploying Engageware Employee knowledge management solution to its employee base. Following the launch of Engageware Customer self-service in April 2021, LA Financial implemented Employee Knowledge Management […]

Credit risk

Publication of the new credit risk insurance policy form model

The Loan Market Association (LMA) has released a new Model Credit Risk Insurance Policy (CRI). According to the association, this was done in conjunction with Lloyd’s Market Association and the International Underwriting Association (IUA). He said the CRI policy is written with the aim of insuring the credit risk of a single borrower arising from […]

Credit risk

FERC Issues Show Order and Credit Risk NOPR | Troutman pepper

On July 28, 2022, FERC issued a show cause order stating that the rates of several Regional Transmission Organizations (“RTOs”) and Independent Network Operators (“ISOs”) appear unfair and unreasonable because they lack certain management practices credit risk. FERC also issued a related Notice of Proposed Rulemaking (“NOPR”) to allow all market participants to share credit […]

Credit risk

SMBC Hires Mark CToe as Chief Credit Risk Officer

NEW YORK, August 09, 2022–(BUSINESS WIRE)–SMBC, a member of the SMBC Group, today announced the appointment of Marc CToe as Managing Director and Director of Credit Risk for the Americas Division. In this role, Mark is responsible for overseeing all aspects of credit risk management in the Americas region. It relates to Kim Olsonchief risk […]

Credit risk

SMBC Hires Mark CToe as Chief Credit Risk Officer

Content of the article NEW YORK — SMBC, a member of the SMBC Group, today announced the appointment of Marc CToe as Managing Director and Director of Credit Risk for the Americas Division. In this role, Mark is responsible for overseeing all aspects of credit risk management in the Americas region. It relates to Kim […]

Credit risk

Credit Risk Management Software Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2029 – Instant Interview

New Jersey, United States – This Credit Risk Management Software Market The report focuses on market share, size, level of competition, key pricing structure and major key market developments. It goes on to focus on financial needs as well as investments. Some market strategies are discussed here to generate huge revenue through businesses. It further […]

Credit risk

The Basel Committee newsletter discusses credit risk in real estate and leveraged loans

The Basel Committee on Banking Supervision today published a newsletter dedicated to credit risk, which has increased in recent months due to inflation and the COVID-19 pandemic. While the bulletin does not constitute new supervisory guidance or expectations, it stressed that banks should “maintain prudent risk management practices on real estate and leveraged lending, as […]

Credit line

The commitment to sustainable development guarantees Hispasat a line of credit of 250 million euros

Hispasat renewed and expanded a credit line after the Spanish satellite operator agreed to incorporate sustainability criteria for the first time. A banking syndicate, made up of five financial institutions, granted Hispasat a credit line of 250 million euros which will be used to strengthen the company’s liquidity and support the execution of its 2020-25 […]

Credit risk

Credit Risk Database Market Supply-Demand, Feasibility and Investment Forecast 2026 – Instant Interview

Credit Risk Database Market (CRD) and its contribution to Japan’s efforts to promote financial inclusion. CRD contributes to improved risk-based lending, a fairer loan guarantee system and a general understanding of the small and medium-sized enterprise (SME) sector by collecting financial data on SMEs. When assessing credit to SMEs, the CRD also uses other data, […]

Credit line

Chase Line of Credit Increase: How and When to Apply

PheelingsMedia/Getty Images/iStockphoto Asking for a credit limit increase on a credit card isn’t a smart financial move for everyone, but it can benefit some cardholders. An increase in credit line can often improve a cardholder’s credit utilization score while providing more purchasing power in case of large unexpected expenses. Here’s how to request a Chase […]

Credit line

Digital lending platform Auxmoney raises €500m line of credit

Digital bank The German digital lender has attracted support from several large institutional investors to fund its peer-to-peer lending platform. Image source: CFO Daniel Drummer, CEO Raffael Johnen and COO Arie Wilder. Digital lending platform Auxmoney secured €500 million in funding for new loans. The Düsseldorf-based firm, founded in 2007, provides a lending market it […]

Credit line

India signs 6 agreements with the Maldives and offers a new line of credit of 100 million dollars

India on Tuesday signed six agreements with the Maldives to expand bilateral cooperation and offered an additional $100 million line of credit to support development projects in the island nation. The six pacts signed in New Delhi between Indian Prime Minister Narendra Modi and Maldivian President Ibrahim Mohamed Solih will strengthen their cooperation in the […]

Credit line

India offers new $100m line of credit to Maldives for infrastructure

India has offered a new $100 million line of credit to the Maldives to finance infrastructure projects, Prime Minister Narendra Modi announced on Tuesday following his talks with Maldives President Ibrahim Mohamed Solih in New Delhi. Solih, who is on a four-day official visit to India, said the additional fund would enable the implementation of […]

Credit line

India announces $100m line of credit to Maldives

NEW DELHI (AP) — India will extend a $100 million line of credit to the Maldives to support development projects, Prime Minister Narendra Modi said Tuesday after meeting with his counterpart, President Ibrahim Mohamed Solih . Solih arrived in India on Monday for a four-day visit. The two countries have signed six agreements to strengthen […]

Financial credit

KBRA Assigns Preliminary Ratings to Mercury Financial Credit Card Master Trust Series 2022-2

NEW YORK–(BUSINESS WIRE)–KBRA assigns preliminary ratings to four classes of notes issued by Mercury Financial Credit Card Master Trust, Series 2022-2 (“MFCCMT 2022-2”), an asset-backed credit card securitization issued by Mercury Financial Credit Card Master Trust Trust (“Master Trust”). The MFCCMT 2022-2 Notes are collateralized and repaid by a portfolio of general purpose revolving credit […]

Credit risk

Leading financial information provider introduces ‘credit risk heatmap’ to monitor levels

Outstanding loans in banks and microfinance institutions (MFIs) reached $51.5 billion as of June 30, marking a 23.4 percent year-on-year increase. YOUSOS APDOULRASHIM Leading financial information provider introduces ‘credit risk heatmap’ to monitor levels Credit Bureau (Cambodia) Co Ltd (CBC) on July 31 launched a “credit risk heatmap” tool allowing financial institutions to monitor credit […]