FCCPC confirms significant reduction in illegal digital money lending complaints – WorldStage September 29, 2022 WorldStage Newsonline– Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) claims to have seen a significant reduction in the number of consumer complaints regarding…
FCCPC wants unregulated institutions to comply with CBN standards – WorldStage September 28, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has urged unregulated digital money lending entities to comply with the standards of the Central Bank…
Money lending: FCCPC wants unregulated institutions to comply with CBN standards September 28, 2022 1 The Federal Competition and Consumer Protection Commission (FCCPC)urged unregulated digital money lending entities to comply with Central Bank of Nigeria (CBN) standards. 2…
Korea’s Money Supply Continues to Grow in July September 16, 2022 Bank of Korea officials deliver cash in Seoul’s southern Gangnam district ahead of Korea’s Chuseok harvest holiday on September 5. [YONHAP] Korea’s money supply…
Letter: Low and Stable Money Supply Expansion Is Key September 7, 2022 Martin Wolf writes that “calibrating monetary tightening is particularly difficult today, as it involves raising short-term rates and reducing [central bank] balance sheets at…
Canada’s money supply is slowing at a pace that typically precedes a recession September 6, 2022 Canada’s money supply is slowing as households pay down debt amid higher rates. Data from the Bank of Canada (BoC) shows that M1+, a…
UP set to repeal money lending law September 5, 2022 The Uttar Pradesh Regulation of Money-Lending Act, 1976 will very soon cease to exist in the state. The legal department is preparing a bill…
Total broad money supply jumps 10.6% year-on-year to QR 675 billion in July September 3, 2022 Doha: Qatar’s total money supply (M2), which includes cash, check deposits and easily convertible quasi-currency, increased by 10.6% to QR 675 billion in July…
The money supply confirms the bust September 1, 2022 indefinite indefinite Editor’s Note: Originally published on tsi-blog.com on August 31, 2022 [This blog post is an excerpt from a commentary published at TSI…
Bank lending up 12%, money supply at P15.4T – BSP – Manila Bulletin August 31, 2022 Outstanding loans from major banks rose 12% year-on-year in July, the same growth recorded in June, according to data from Bangko Sentral ng Pilipinas…
Central Bank: Kuwait’s money supply increases by 0.1% August 30, 2022 (MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Aug. 30 (KUNA) — Figures released by the Central Bank of Kuwait on Tuesday showed broad money supply…
FSC Releases Licensing Criteria for Money Lending License – Financial Services August 30, 2022 To print this article, all you need to do is be registered or log in to Mondaq.com. In 2020, the money lending activity, which…
How to Negotiate a Good Money Loan Deal With a Bank – Modern Mississauga Media August 29, 2022 When reviewing a money lending agreement, there are a few things you need to pay attention to. First, check the interest rate. This is…
Saudi money supply M3 decelerates in July: SAMA August 28, 2022 BERLIN (Reuters) – Germany is rebuilding gas stocks faster than expected despite drastic Russian supply cuts and is set to hit an October target…
“More sources of money supply have yet to be sealed” August 26, 2022 Professor Mthuli Ncube HARARE – The government, which recently admitted that it is partly responsible for the instability of the currency and prices in…
Central bank rejects money supply ‘death cross’ August 24, 2022 By Crystal Hsu / Staff Reporter The country’s broad M2 money gauge rose last month faster than the narrow M1B indicator, resulting in the…
Cops arrest threesome for illegal money lending August 23, 2022 PETALING JAYA: Police have arrested three men suspected of being involved in illegal money lending activities. Petaling Jaya OCPD Asst Comm Mohamad Fakhrudin Abdul…
Government plans to ban around 300 predatory money-lending apps, most of which are based in China August 22, 2022 The predatory behavior of loan apps that trick financially desperate people into borrowing money and then blackmailing them under the threat of social stigma…
Is a big monetary policy reset coming after a massive money supply expansion? August 19, 2022 In response to the coronavirus pandemic, the Federal Reserve has taken extraordinary and unprecedented action to cushion the economic blows resulting from the global…
Nigerian consumer protection agency orders Google to remove money lending companies from app store August 19, 2022 The Federal Competition and Consumer Agency ordered the Google Play Store to remove four money-lending companies for “increasing unethical, heinous, and unscrupulously exploitative practices…
Experts point to questionable business model of low amount loan apps August 15, 2022 Digital little money lending apps backed by finance professionals use dubious means in their business, with borrowers bearing the brunt, experts have pointed out….
How CAs Help Instant Money Lending Companies Handle Dodgy Business August 14, 2022 Chartered accountants and company secretaries are helping many dodgy fintech players run instant money lending apps, a concern that has been flagged by experts….
Experts point to questionable business model of digital small-money lending apps August 14, 2022 Digital small-money lending apps backed by finance professionals are using questionable means in their operations, with borrowers bearing the brunt, experts have pointed out….
Money-lending apps: Experts point to questionable business model of digital small-money lending apps August 14, 2022 Digital small-money lending apps backed by finance professionals use questionable means in their operations, with borrowers bearing the brunt, experts have pointed out. These…
Money supply growth rate plummets amid trade woes July 29, 2022 By Crystal Hsu / Staff Reporter Money supply in the country, measured by M1B and M2, rose last month by 8.08% and 7.65% respectively,…
CNI reaction on monetary policy: control of the money supply in the market could increase interest rates – myRepublica July 29, 2022 KATHMANDU, July 29: The Confederation of Nepalese Industries (CNI) has declared that the provisions taken by the monetary policy are likely to exert pressure…
MONETA Money Bank: Half-year presentation for H1 2022, consolidated (PDF, 0.54 MB) July 28, 2022 Published on July 28, 2022 at 07:00 CET According to IFRS, Consolidated, Unaudited MANDATORY DISCLOSURE /…
Nigeria’s Excessive Money Supply Growth Rate Fuels Largest Naira Depreciation in History July 27, 2022 An increase in the money supply is likely one of the factors fueling the currency depreciation between the Naira and the Dollar in recent…
Money supply growth rate falls below 2008 level July 27, 2022 gesrey/iStock via Getty Images By sydney Money supply growth is falling rapidly. Two of the past three months have seen a decline in seasonally…
Artroniq launches into money lending July 22, 2022 KUALA LUMPUR: Artroniq Bhd offered to acquire a 100% stake in Paklin Venture capital Sdn Bhd (PVCSB) for a purchase consideration of RM1.6 million…
Artroniq launches into money lending July 22, 2022 KUALA LUMPUR (July 22): ACE-listed Artroniq Bhd has proposed full acquisition of Paklin Venture Capital Sdn Bhd for RM1.6 million in cash as it…
Recession fears and money supply growth July 18, 2022 In his letter (July 14) in response to our editorial “The Fed Ignored the Money Supply and a Recession Is Coming” (July 8), Professor…
Inflationary Effects of N46.5 Trillion Money Supply | The Guardian Nigeria News July 18, 2022 The recent spike in inflation in Nigeria to around 18.6% has become very uncomfortable for the average Nigerian in his quest to earn a…
No excess money supply in system that could fuel runaway inflation: HDFC Bank Chairman July 16, 2022 NNA | Updated: July 16, 2022 7:15 p.m. STI Bombay (Maharashtra) [India]Jul 16 (ANI): The Reserve Bank of India’s monetary policy was “very adroitly…
MONETA Money Bank: had a record year with loans to motorists, it lent them nearly 4 billion July 13, 2022 MONETA had a record year with loans to motorists, it lent them nearly 4 billion Prague, May 11, 2022 Last year, MONETA saw record…
Money supply growth fell again in May as fresh recession alarms sound July 13, 2022 choness By Ryan McMaken Money supply growth fell again in May, falling to its lowest level in three months. The May drop continues a…
Money supply up for the 2nd month of May thanks to the increase in deposits July 12, 2022 SEOUL, July 12 (Yonhap) — South Korea’s money supply rose for the second consecutive month in May on higher deposits amid rising interest rates,…
Inflation is growth in money supply, not silver-denominated prices – Analysis – Eurasia Review July 10, 2022 By Frank Shostak* In the recent the wall street journal article “Spiking Inflation Gains Another Look at Monetarism,” Greg Ip writes that a recent…
How the Fed manipulates the money supply July 8, 2022 Welcome to the weekly mailbag edition of The daily cut. This is where we analyze our analysts’ responses to the questions you sent us….
Suspected loan shark arrested in Lancashire on suspicion of illegal money lending and money laundering July 7, 2022 Officers from England’s Illegal Money Lending Team (IMLT) worked with Lancashire Police to execute a warrant at an address in Colne on Tuesday June…
Opinion: Bank of Canada may have to come to terms with money supply to stabilize inflation July 7, 2022 The Bank of Canada building on Wellington Street in Ottawa on May 31.Justin Tang/The Canadian Press Forty years ago – or about the last…
Cryptos can undermine sovereign control over money supply and weaken exchange rate: RBI report July 1, 2022 The Reserve Bank of India (RBI) has reiterated its opposition to cryptocurrencies and highlighted how they can undermine sovereign control over the money supply,…
CBI follows money supply chain in Bengal cattle and coal smuggling case, Energy News, ET EnergyWorld July 1, 2022 Calcutta: The Central Bureau of Investigation (CBI), investigating cattle and coal smuggling cases in West Bengal, has uncovered crucial information about a chain of…
CBI follows money supply chain in Bengal cattle and coal smuggling case July 1, 2022 CALCULATED: The Central Bureau of Investigation (CBI), investigating cattle and coal smuggling cases in West Bengal, has uncovered crucial information about a chain of…
Suncorp named Money’s Bank of the Year for 2022 June 30, 2022 Suncorp has almost locked in this price for the past few years. This should come as no surprise to those who have looked at…
The BB aims to compress the money supply to control inflation June 30, 2022 Bangladesh Bank Governor Fazle Kabir speaks during a press briefing on the monetary policy statement for the financial year 2022-23 at the central bank’s…
Money supply growth slows enough to burst the bubble; Not enough to cure inflation June 30, 2022 June 30, 2022 by SchiffGold 0 0 According to seasonally adjusted data, M2 increased by $23B in May. With the exception of last month’s…
Eurozone money supply growth data for May a ‘red alert’, economist says June 29, 2022 Eurozone business lending rose sharply last month, but for some economists the continued decline in the so-called “narrow currency” was a “red flag” for…
Why we can’t just print more money: Bank of England pound June 27, 2022 The learning curve is steep. Only now, after more than a decade of running the Bank of England’s printing presses, is a new generation…
Broad Money Growing $82 Billion June 21, 2022 The Chronicle Harare OfficeBROAD money in the economy grew by more than $82 billion between March and April this year, according to the latest…
Money supply up in April as deposits rise amid rising rates June 15, 2022 (Yonhap) South Korea’s money supply rose in April as higher interest rates led to an increase in deposits, central bank data showed on Wednesday….
Slower money supply growth in 2022 points to recession June 14, 2022 LilliDay/E+ via Getty Images By Ryan McMaken Money supply growth eased slightly in April, falling below the eight-month high in March. Even with March’s…
Reserve Bank urged to cut New Zealand’s money supply June 12, 2022 Independent economist Rodney Jones is urging the Reserve Bank of New Zealand (RBNZ) to stop figuratively printing money, with inflation at its highest level…
Reserve Bank urged to cut NZ money supply – fast June 12, 2022 Reserve Bank of New Zealand Governor Adrian Orr has called for reducing the money supply. Photo/Mike Scott Independent economist Rodney Jones is urging the…
Tanzania: Bank of Tanzania plans to increase money supply growth June 8, 2022 The MINISTRY of Finance and Planning plans to spend 14.94 tri/- on development and recurrent expenditure in the financial year 2022/23 as the government…
Increase money supply | The government wants to increase the money supply by more than 15% even in the context of runaway inflation June 8, 2022 June 08, 2022, 10:30 a.m. Last modification: June 08, 2022, 11:21 a.m. Infographic: TBS “> Infographic: TBS The government will increase the money supply…
Egyptian Money Supply M2 Climbs 23.7% YoY to April, NFA Falls May 31, 2022 Egypt’s net foreign assets (NFA) fell by 14.8 billion Egyptian pounds in April, marking a slowdown in the outflow of funds that began in…
KL cops arrest two men for illegal money lending May 30, 2022 KUALA LUMPUR: Two men suspected of being involved in illegal money lending activities have been arrested. The head of the city’s Commercial Crime Investigation…
NRB to further tighten money supply as pressure continues on inflation and foreign exchange reserves – myRepublica May 28, 2022 The NRB unveils the third quarterly review of monetary policy KATHMANDU, May 28: The Nepal Rastra Bank (NRB) has said it will tighten the…
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…
Bulgaria’s M3 money supply increases by 10.8% YoY in April May 25, 2022 The Bulgarian M3, the broadest indicator of money supply, rose 10.8% year on year in April, to 129.8 billion levs ($70.7 billion/66.4 billion euros),…
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…
Money supply growth rate continues to slow April 27, 2022 April 27, 2022 by SchiffGold 0 0 According to seasonally adjusted data, M2 increased by $59 billion in March. As the money supply expands,…
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…
Man arrested on suspicion of illegal money lending and money laundering offenses during raid April 25, 2022 A man has been arrested on suspicion of illegal money lending and money laundering offenses in connection with a multi-agency operation in Bury St…
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…
MTN to launch mobile money bank as CBN grants final approval – The Whistler Newspaper April 11, 2022 Telecom company MTN has received final approval from the Central Bank of Nigeria to launch MoMo Service Payment Service Bank Limited. The company disclosed…
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 growth picks up: February growth up to 7% April 2, 2022 honglouwawa/E+ via Getty Images By Ryan McMaken Money supply growth increased for the third consecutive month in February, continuing the continued growth from 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…
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