Money supply grows as term deposits pick up May 25, 2022 By Crystal Hsu / Staff Reporter The country’s money supply, as measured by M1B and M2, grew 9.81% and 8.12% respectively last month, as…
Money supply alone does not influence inflation May 21, 2022 Dear Editor, Joshua Luke’s article in SN 2022-05-19 is a crude attempt to link money supply and government spending. There is also consumer spending…
Money supply must be reduced to suppress domestic demand May 19, 2022 The biggest problem currently facing Bangladesh’s economy is soaring commodity prices. Global commodity price volatility coupled with rising US dollar prices is currently fueling…
Letter: Dramatic jump in money supply is the real cause of inflation May 17, 2022 John Plender (The Long View, May 7) is not alone in believing that “the rate of interest,” as measured by bond yields and the…
China’s money supply increased in April as the central bank released more liquidity May 13, 2022 BEIJING — China’s broadest measure of money supply was much higher than expected in April as the central bank provided more liquidity to further…
Money supply in March falls for the 1st time in more than 3 years May 12, 2022 SEOUL, May 12 (Yonhap) — South Korea’s money supply shrank for the first time in more than three years in March as higher interest…
United States: the money supply is running out of steam May 11, 2022 Over the past year, growth in the M2 measure of money supply in the United States1 has slowed from 27.1% year-on-year in February 2021…
Indian man arrested for engaging in illegal money lending activities May 10, 2022 The Bureau of Immigration (BI) has announced that it has arrested an Indian national for illegally engaging in an illegal ‘5-6’ money lending business…
Police warn of money lending scams on Telegram and other messaging apps May 10, 2022 Got a message on Telegram offering loans? Ignore it. For one thing, approved lenders are not allowed to solicit loans through text messages, phone…
5 digital startups for instant money lending May 5, 2022 5 digital startups for instant money lending By Leandra Monteiro Today Credit score Digital Loan GalaxyCard Technology has become the heart of India’s banking…
Bank loans up 8.9%, money supply at P15.2T – Manila Bulletin May 5, 2022 Outstanding loans from major banks rose 8.9% year-on-year in March, from 8.8% in February as the economy continued to open up and mobility restrictions…
The Fed will decide the money supply. This will affect interest rates. – Twin towns May 1, 2022 Tuesday’s meeting of the Federal Reserve’s Open Market Committee will be difficult. The FOMC faces high measured inflation for the first time in more…
Guyana calls for fairer money lending program to help SIDS April 26, 2022 Guyana on Tuesday called for a fairer money lending program that takes into account that some countries are more vulnerable to major disasters. Guyana’s…
How has the microcredit law affected money lending activities? – Observer from Jamaica April 22, 2022 Luke Phillips Before microcredit law, the lending of money to individuals was governed by the law on money lending and the law on banking…
Iranian money supply up 39.7% YoY to February: CBI April 19, 2022 The CBI says Iran’s money supply grew to RLS 46,240.3 trillion (over $167.5 billion) in the year to the end of February. Figures from…
MTN Nigeria obtains authorization to operate Mobile Money Bank April 11, 2022 MTN Nigeria, the Nigerian arm of Africa’s largest telecom, today received final approval from the Central Bank of Nigeria to operate a payment services…
CBN Grants Final Approval for MTN to Launch Mobile Money Bank April 11, 2022 April 11 (THEWILL) – The Central Bank of Nigeria (CBN) has granted MTN final approval to operate as Momo Payment Service Bank Limited (Momo…
Ayuuto: Somali Women’s Money Lending Handbook for Braving the Crisis | Features April 8, 2022 Mogadishu, Somalia – Once a month, a group of 10 women gather in Layla Hussein Tawane’s makeshift shelter in a camp for displaced people…
Cops break up illegal money lending syndicate in PJ April 7, 2022 PETALING JAYA: Police have arrested five men linked to an illegal money lending syndicate. Petaling Jaya OCPD Asst Comm Mohamad Fakhrudin Abdul Hamid said…
Thousands of Indians Exposed to Data Breach Affecting CashMama Money Lending App April 6, 2022 The personal details of hundreds of thousands of Indians have recently been leaked, revealing details such as full names, birth dates, home addresses, national…
Broad money supply declines | Macau Business April 5, 2022 Macau’s broad money supply fell 0.6% month-on-month to 688.3 billion patacas (about $85.1 billion) in February 2022, the body said. monetary supervision of the…
Macau’s broad money supply declines in February April 5, 2022 MACAU: Macau’s broad money supply fell 0.6% month-on-month to 688.3 billion patacas (about $85.1 billion or RM359.1 billion) in February 2022, according to the…
Money supply pushes the exchange rate to unsustainably low levels April 1, 2022 RESPECT GWENZIA 3.07% FALL in the value of the local unit, the Zimbabwe dollar (Zimdollar), was in line with the previous week’s loss. This…
FCCPC accuses Google of failing online money lending banks, using US law enforcement April 1, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has blamed Google for its inability to track down the owners of some failing online money…
Money supply increases by Rs2tr in February March 31, 2022 March 31, 2022 (MLN): The total money supply circulating in the economy during the month of February 2022 was recorded at around 28 trillion…
Bank lending rises 8.8%, money supply expands to P15.2-T – Manila Bulletin March 31, 2022 Large banks’ outstanding loans grew 8.8% in February, faster than January’s 8.4% growth, as lending activity picked up momentum on improving economy, said the…
Woman arrested on suspicion of illegal money lending in Widnes March 30, 2022 A 51-year-old woman has been arrested on suspicion of illegal money lending and money laundering offenses following an operation in Widnes. The English Illegal…
– Loan Scams in India – Identify and Stay Safe | Money lending fraud [AsPKom Eixil News] – Company | Entertainment | Way of life March 26, 2022 Popularity and views: 27,407 Instant loan apps lure loan seekers under the guise of providing easy lending and running unethical practices, high…
Money supply in Taiwan sees slowest growth in months March 24, 2022 By Crystal Hsu / Staff Reporter Money supply in the country, as measured by M1B and M2, grew last month at the weakest rates…
57% of Africans without mobile money or bank account: report March 24, 2022 By Dipo Olowookere The Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu, congratulated the board and management of Zenith…
Money supply growth is slowing rapidly March 23, 2022 March 23, 2022 by SchiffGold 0 0 There is no doubt that money supply growth is slowing, but it is still far from restrictive….
AllianceBernstein pays $750 million for CarVal Investors, a former Cargill currency unit March 17, 2022 CarVal Investors, the Twin Cities-based investment manager that spun off from Cargill a few years ago, is being acquired by AllianceBernstein for $750 million….
FCCPC orders failing lending banks to stop interest and loan collections as Nigerians react March 16, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has, as part of its sweeping orders against illegal and unlicensed online money lending banks, ordered…
Why money supply in Tanzania has increased in recent months March 15, 2022 By The Citizen Reporter Arusha. The provision of funds to fuel economic activities has improved significantly in recent months, with the government attributing this…
FCCPC calls on Google and Apple to remove some money-lending apps from stores March 15, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has issued sweeping orders on Google LLC (Play Store) and Apple Inc. (App Store) to force…
Why some money-lending banks have been shut down as the enforcement exercise intensifies – FG March 12, 2022 The federal government has explained why its agencies are shutting down some illegal online banks as they step up their crackdown on unlicensed online…
The Fed must monitor the money supply March 10, 2022 As recently as September 2021, half of the members of the Federal Open Market Committee expected no change in the federal funds rate throughout…
Virgin Money bank manager steals money from elderly and vulnerable March 6, 2022 A bank deputy manager faces jail after admitting to stealing money from the accounts of elderly and vulnerable customers. Harry Harden worked at the…
Macau money supply up in January March 6, 2022 Macau’s broad money supply rose 0.7 percent month-on-month to 692.3 billion patacas (about $85.98 billion) in January 2022, the body said. monetary supervision of…
Money supply reaches Rs28.12tr in January March 1, 2022 March 1, 2022 (MLN): The total money supply circulating in the economy in the seventh month of FY22 was recorded at around Rs 28.12…
Money supply growth is running out of steam, says central bank February 28, 2022 GEOPOLITICAL TENSIONS: Global financial markets would remain volatile as the Russia-Ukraine conflict unfolds, the bank said, ahead of its policy review By Crystal Hsu…
14 YEARS AMONG 146 PEOPLE SURVEYED FOR “AH LONG” MONEY LENDING ACTIVITIES February 28, 2022 According to the police press release, an island-wide investigation has been conducted against unauthorized money lending activities. A total of 146 people, aged 14…
Money supply expands to P15.3 T – BSP – Manila Bulletin February 28, 2022 The central bank said domestic liquidity or M3 rose 9.8% year-on-year in January to 15.3 trillion pesos, more than the 7.3% growth recorded in…
EOCO warns against Royal Gardens Network and Hubtel Mobile Money Lending | General news February 27, 2022 The Economic and Organized Crime Office (EOCO) has warned Ghanaians against the activities of two unauthorized online investment schemes with the aim of defrauding…
EOCO warns against Royal Gardens Network and Hubtel Mobile Money Lending February 26, 2022 EOCO The Economic and Organized Crime Office (EOCO) has warned Ghanaians against the activities of two unauthorized online investment schemes with the aim of…
HUBTEL LTD has no connection with Hubtel Mobile Money Lending February 25, 2022 Whatsapp picture on time Hubtel Limited, one of Ghana’s leading financial technology (fintech) companies, said it has no connection with Hubtel Mobile Money Lending,…
Lancashire couple arrested on suspicion of illegal money lending February 18, 2022 Lancashire couple arrested on suspicion of illegal money lending A couple have been arrested on suspicion of illegal money lending and money laundering offenses…
Increase in the money supply in December compared to the increase in savings and the growth of exports February 17, 2022 (Yonhap) South Korea’s money supply rose 0.7 percent month-on-month in December, mainly due to an increase in savings spurred by higher interest rates and…
Sri Lanka prints 1.2 billion rupees in 2021, money supply and food prices up 40% over 2 years February 14, 2022 ECONOMYNEXT – Sri Lanka printed 1.2 trillion rupees in 2021, most of which left the country as official balance of payments deficit data shows,…
Tirupati police hand over 46 money lending apps for fraudulent practices – Reuters February 12, 2022 By Express press service TIRUPATI: Tirupati Urban Police booked 46 errant instant loan mobile apps on Friday for allegedly cheating and harassing the public….
Japan’s M3 money supply at record high as BOJ continues stimulus February 9, 2022 Cash in circulation in Japan hit a record high after rising for 11 consecutive months in January, an encouraging sign that could point to…
ernakulam: The CPM is preparing to lend money and files a complaint against the head of Ekm | Kochi News February 8, 2022 KOCHI: As Kochi is set to host the CPM state conference from March 1-4, allegations including the criminal backgrounds and money lending activities of…
Datamatics Global Services: How to Build a P2P Money Lending App for the Year 2022 February 7, 2022 As the world is plunged into post-pandemic turmoil, economies around the world are feeling the brunt. Many investment projects have been expensive. However, digitization…
Money supply falls by 0.6% to 38.9 billion KD in December – ARAB TIMES February 6, 2022 WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, February 6: The Central Bank of Kuwait (CBK) announced on Sunday that the broad money supply (M2)…
Iran reports money supply up 38.7% year-on-year in December February 6, 2022 The file photo shows Iranian banknotes. Figures from the Central Bank of Iran (CBI) show that the country’s money supply grew by 38.7% in…
Inflation has critics of the Federal Reserve pointing to an increase in the money supply February 6, 2022 The Fed shared this view the last time the United States had a serious inflation problem. In 1979, then-Fed Chairman Paul Volcker capped money…
Macau’s broad money supply continues to decline in December February 5, 2022 According to statistics released by the Macau Monetary Authority, currency in circulation and demand deposits increased by 0.6% and 2.9% respectively. M1 thus increased…
Visa money lending scams ‘common’, ex-minister warns February 3, 2022 Attempts by ‘rogue’ recruitment agents to circumvent UK visa rules by lending money to students at very short notice are ‘common’ and it is…
Cambodia’s money supply hit $39 billion last year February 2, 2022 Despite Covid-19 last year, we have seen deposits increase further. This means that there are many Cambodians who had a budget which they kept…
December Saudi Money Supply Sees Largest Monthly Increase Since May 2020 January 31, 2022 President Joe Biden welcomes Qatar’s ruling leader to the White House on Monday as he seeks the gas-rich nation to once again step in…
Inflation and money supply January 31, 2022 CARACHI: Inflation is one of the most important macroeconomic phenomena today. Globally, inflation peaked in nearly every economy due to supply disruptions with the…
CBN says money supply jumped 13.77% in December 2021 January 26, 2022 The Central Bank of Nigeria (CBN) said the broad money supply (M3) in the Nigerian economy increased further to 13.77% in December 2021 from…
Show them the money! Bank of America just threw away $1 billion in the big quit January 26, 2022 Bank of America doesn’t want its employees joining the Great Resignation, so it’s giving them a new incentive to hang around: $1 billion in…
Money Supply Surges | 263Cat January 24, 2022 Zimbabwe’s reserve currency for the week ending January 14, 2022 increased by ZW$1.06 billion to ZW$27.18 billion from the previous week’s position of $26.12…
The Fed ignores the money supply and lets inflation tear January 21, 2022 Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the Author: Robert Heller is a former member…
Money supply makes the case for some price cooling easier – Reuters January 21, 2022 Money supply growth in the economy has slowed in recent months, a sign that August’s pivot to monetary tightening has caused some setback on…
Money supply increased in November, but the biggest trend is down January 15, 2022 Maneerat de Nattakorn/iStock via Getty Images By Ryan McMaken Money supply growth picked up slightly in November, surpassing October’s 21-month low. Even with November’s…
Money supply down 8.17 pc | the herald January 14, 2022 the herald business journalist Zimbabwe’s reserve currency balance declined by 8.17% to $25.94 billion in the week ending December 31, 2021, according to data…
South Korea’s money supply hits highest rate of increase in 13 years January 13, 2022 Seoul [South Korea], Jan 13 (ANI/Global Economic): As individual investors sold off risky assets such as stocks due to rising base interest rates, South…
Money supply up 1.1% in November in a context of increased savings January 12, 2022 (Yonhap) South Korea’s money supply increased in November as savings increased in part due to higher interest rates, central bank data showed on Wednesday….
Money supply up 1.1% in November amid increased savings January 12, 2022 (Yonhap) South Korea’s money supply rose in November as savings increased in part due to rising interest rates, central bank data showed on Wednesday….
Three detained for unauthorized money lending activities January 10, 2022 IPOH: Police arrested three people, including a woman, on suspicion of being involved in unlicensed online money lending and making criminal threats to the…
UAE Central Bank says M1 money supply increased in November January 7, 2022 The United Arab Emirates’ overall money supply (M1), which includes currency in circulation outside banks plus monetary deposits, increased 2.1% to 671.6 billion dirhams…
Bank loans up 4%, money supply at P14.8 T – Manila Bulletin January 2, 2022 Large banks’ outstanding loans in November 2021 were up 4% year-on-year and above 3.5% in October, according to data from Bangko Sentral ng Pilipinas…
Money supply stable as banks lend more January 2, 2022 The Bangko Sentral ng Pilipinas (BSP) said the country’s money supply grew steadily in November last year, despite a faster increase in bank lending….
Bank lending up 4%, money supply at P14.8 T – Manila Bulletin January 2, 2022 The outstanding loans of big banks in November 2021 increased by 4% year-on-year and higher than 3.5% in October, according to data from Bangko…
Iran’s Declining Money Supply Increase – Business News December 29, 2021 At a meeting of the administration’s economic coordination headquarters on Tuesday evening, chaired by President Ebrahim Raisi, the CBI presented a report showing that…
Two arrested for extortion and illegal money lending in Pune December 29, 2021 PUNE: Two men identified as Ramdas alias Nana Walke and Aniket Hazare have been arrested by Pune city police for wrongfully lending money and…
Jade Marvel to create synergies between incubator and money lending companies December 29, 2021 Jade Marvel Group Bhd, formerly JMR Conglomeration Bhd, publicly traded, was a Penang-based real estate developer and asphalt manufacturer. Following the emergence of new…
FG plans to shut down money lending businesses for breach December 28, 2021 Some lending companies will soon be shut down by the Federal Competition and Consumer Protection Commission According to the federal government agency, the actions…
Money Lending: Committee to Shut Down Businesses amid Law Enforcement Campaign -FCCPC December 26, 2021 Mr. Babatunde Irukera, Director General of FCCPC The Federal Competition and Consumer Protection Commission (FCCPC) has said that the joint committee tasked with combating…
FCCPC says joint committee will shut down money lending businesses as part of enforcement campaign December 26, 2021 The Federal Competition and Consumer Protection Commission (FCCPC) has declared that the joint committee set up by the federal government to combat the violation…
Committee to close businesses as part of an enforcement campaign – FCCPC December 26, 2021 Posted December 26, 2021 The joint committee for combating consumer rights violations in the money-lending industry will shut down illegal businesses as soon as…
BSP ensures sufficient money supply in typhoon affected areas December 24, 2021 There is enough money in the areas affected by Typhoon Odette, the Bangko Sentral ng Pilipinas (BSP) assured on Thursday. “Amid power and internet…
Rising money supply pushes inflation into double digits December 20, 2021 The government has obtained as much as Rs. 1,658 billion in net credits from the Central Bank and commercial banks in the past 12…
Loyalist Bloodsuckers and the Christmas Crackdown on Illegal Money Lending December 19, 2021 A notorious loan shark who had £400,000 in assets seized by cops investigating his criminality has said he’s back lending money like ‘a bunch…
Pay attention! 600 bogus money lending apps operating in India, RBI report finds December 14, 2021 Image source: PTI / FILE Pay attention! 600 bogus money lending apps operating in India, RBI report finds Strong points No less than 600…
December 13: Loan of money, James Brown and Santa Claus December 13, 2021 LEXINGTON, Ky. (FOX 56) – Here are five things to know before you go to bed on December 13, 2021. Uber and Lyft Uber…
Allowing cryptocurrency may erode central bank control over money supply, says ex-RBI Guv December 11, 2021 Crypto is backed by algorithms and there are concerns that the central bank may lose control over money supply and inflation management. There are…
Allowing cryptocurrency may erode central bank control over money supply, ex-RBI Guv says December 10, 2021 Former Indian Reserve Bank Governor Duvvuri Subbarao said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed…
