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JAKARTA (The Jakarta Post/ANN): Indonesia’s peer-to-peer (P2P) lending platforms are looking forward to further growth in 2021, amid the promising increase of users and disbursement this year, and low bad loans ratio, despite the raging Covid-19 pandemic.
WASHINGTON: The U.S. Congress on Monday was scrambling to pass a $900 billion pandemic aid package, following seven months of partisan bickering.
Capital and liquidity buffers help cushion impact
MELAKA: A remorseful loan shark has said those who had borrowed from him, mostly blue-collar workers and housewives, need not repay their debts of about RM300,000.
PETALING JAYA: The reopening of the domestic economy and the potential mass vaccine rollout by various countries have seen investors shifting to more cyclical sectors like banks – the proxy to economic growth.
MELAKA: Those who borrowed money from a suspected loan shark here do not need to repay debts totalling about RM300,000 now that he has been arrested.
HANOI (Vietnam News/ANN): The banking sector is still worth an investment in 2021 on expectations the Vietnamese economy and business community will recover as the pandemic is under control, experts have said.
BANGKOK (The Nation/ANN): Four major Thai banks say they will focus on managing their asset quality instead of dumping non-performing loans under unfavourable market condition
LONDON: European companies hit by the coronavirus crisis are increasingly turning to a complex financial tool to pay suppliers, raising investor concerns around “hidden” debt.