Green loans
Pakistan finds itself at a critical juncture in its energy transition narrative, facing the dual challenge of meeting its energy demands while addressing environmental concerns. With a goal of slashing…
Europe’s debt collectors face reckoning as bad loans vanish
Europe’s debt collectors have gone from feast to famine amid a collapse in the number of bank loans turning sour. Companies that recover unpaid bank debts, and which thrived in…
Loans linked to ESG face overhaul by under-pressure banks
Corporate loans whose costs are linked to environmental, social and governance (ESG) goals are being redesigned by banks in response to rising regulatory pressure and to inject more credibility into…
Reliance on foreign loans
Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan inflows in the first quarter (July-September) of the current fiscal year compared…
A tsunami of loans
Pakistan is under a severe debt trap, suffering from economic stagnation, economic slack and high inflation. There seems to be no solution to the country’s economic woes as the IMF’s…
Can a country survive on loans?
Almost all things in Pakistan — from politics to economics — are managed purely through an ad hoc approach. The phenomenon of ‘adventurism’ has been the hallmark of our struggle…
High inflation rattles UK home loan market
Britain’s retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the cost-of-living crisis. UK banks mostly offer…
Exports, not loans, constitute solution
Textile exports for April, 2023 clocked in at $1.24 billion, a staggering $500 million less than the previous year’s exports for April, 2022 and a colossal $1 billion per month…
US bank loan plan provides Fed rate hike path amid SVB fallout
A US lending program to stem deposit outflows in the wake of Silicon Valley Bank’s collapse gives the Federal Reserve scope to continue raising interest rates if needed to slow…
China’s top banks to issue offshore loans to help developers repay debt
China has ordered its top four state-owned banks to issue offshore loans to help developers repay overseas debt, three people with knowledge of the matter told Reuters, in Beijing’s latest…
