Crypto Could Erode Central Bank Control Over Money Supply: Former RBI Guv December 9, 2021 Former Reserve Bank of India Governor Duvvuri Subbarao said the central bank could lose control over money supply and inflation management if cryptocurrency is…
Points to a slowing economy – Analysis – Eurasia Review December 9, 2021 By Frank Shostak * According to the popular narrative, the role of the central bank is to steer the economy on the so-called path…
Bedford woman, 61, arrested on suspicion of illegal money lending December 6, 2021 A 61-year-old woman has been arrested on suspicion of illegal money lending and money laundering offenses. England’s Illegal Money Lending Team (IMLT) – in…
FCCPC Says Joint Committee Has Started Investigating Money Lending Fintechs – Nairametrics November 30, 2021 The Federal Competition and Consumer Protection Commission (FCCPC) says the joint regulatory and enforcement committee to investigate rights violations and unfair practices in the…
Money supply expands to P14.6 T – Manila Bulletin November 30, 2021 The central bank said domestic liquidity rose 8.2 percent year-on-year to 14.64 trillion pesos in October, slightly lower than the 8.3 percent expansion in…
RBI loses battle against inflation as prices and money supply skyrocket November 30, 2021 While the economy is already struggling to recover, the prices of most basic commodities continue to rise, including petroleum products, scheduled drugs and those…
Watch: TV commercials highlight dangers of illegal money lending by paramilitary gangs November 29, 2021 Two new TV commercials, which air Monday at 9 p.m. on UTV and Channel 4, are expected to highlight the dangers of illegal money…
Saudi M3 money supply increases in October (SAMA) November 28, 2021 DJEDDAH: Saudi Arabia’s music industry has grown rapidly from an early stage, in large part thanks to the Vision 2030 reform plan, which puts…
One West brings loan money to St. Louis November 23, 2021 One West would like to announce the launch of its new program: Hard Money. This initiative will help anyone who wants to try to…
6 Nigerian agencies unite to fight data privacy abuse by money-lending fintechs November 22, 2021 On May 15, 2021, I received a message from a loan company informing me that Ms. X, someone I met in 2020 during my…
MONETA Money Bank shares jump after overhaul of $ 1.2 billion deal for PPF’s Air Bank November 19, 2021 PRAGUE, Nov. 19 (Reuters) – Shares of MONETA Money Bank (MONET.PR) jumped more than 6% to an all-time high on Friday after the Czech…
Predatory Money Lending in Nigeria: Examining the Threat of Usurious Lending to Data Privacy Concerns – Privacy November 19, 2021 Nigeria: Predatory Money Lending in Nigeria: Examining the Threat of Usurious Lending to Data Privacy Concerns November 19, 2021 Kenna Partners To print this…
MONETA Money Bank signs $ 1.2 billion deal for PPF’s Air Bank November 18, 2021 PRAGUE, Nov. 18 (Reuters) – Czech lender MONETA Money Bank has reached a reshuffled Kroner 25.9 billion ($ 1.16 billion) deal to buy the…
Ministry to investigate money lending applications November 16, 2021 Ministry to investigate money lending applications Online usury, more than 20,000 victims so far Juthathip Jutpattanakul led victims of illegal app-based money lenders by…
FCCPC, CBN, EFCC to Investigate Violation of Rights in Money Lending November 16, 2021 the The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have…
FCCPC to investigate illegal practices and violation of rights in the money lending industry – Nairametrics November 16, 2021 The federal government has decided to control some of the illegal, unhealthy and unfair practices in the money lending industry. The government has decided,…
Money lending: CBN, EFCC, FCCPC and others to fight “lending sharks” November 15, 2021 The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have launched an…
NITDA and FCCPC to Penalize Money Lending Fintechs for Abuse of Customer Data Privacy November 12, 2021 The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC) to combat…
Money supply, inflation and the two-year lag November 9, 2021 November 9, 2021 1:03 PM ET The Federal Reserve building in Washington. Photo: Patrick Semansky / Associated press In his letter of November 4,…
Iran’s money supply up 40% yoy in September to $ 145 billion (CBI) November 9, 2021 CBI data shows M1 money supply increased 40% year-on-year in September to over $ 145 billion. The latest figures from the Central Bank of…
Kuwait’s money supply reaches KD 38.9 billion in September: CBK – ARAB TIMES November 8, 2021 WhatsApp Facebook Twitter E-mail Messenger Private sector deposits from local banks increase to KD 35.1 billion KUWAIT CITY, November 8: The Central Bank of…
Money supply up 1% in September: CBK November 8, 2021 KUWAIT: The Central Bank of Kuwait (CBK) yesterday announced an increase in the broad money supply (M2) of around 0.1% last September to stand…
Discover Soft Money Lending – New Jersey Business Magazine November 8, 2021 Interested in real estate investing? Learn a few things about this new type of loan product. By Michael Mikhail on November 8, 2021 Low…
Inflation, money supply and spiraling expectations November 3, 2021 November 3, 2021 5:49 PM ET The Federal Reserve Building in Washington. Photo: Stefani Reynolds/Bloomberg News John Greenwood and Steve Hanke’s claim that excessive…
Spiraling inflation, money supply and expectations November 3, 2021 November 3, 2021 5:49 p.m. ET The Federal Reserve building in Washington. Photo: Stefani Reynolds / Bloomberg News John Greenwood and Steve Hanke’s claim…
Take a closer look at the money supply November 1, 2021 Milton Friedman said in 1970 that “inflation is always and everywhere a monetary phenomenon”. The pendulum has now moved to the other extreme. Today’s…
Zimbabwe: RBZ blocks money supply in response to Parly’s demand October 29, 2021 The Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has approved resolutions to curb the broad money supply to halt volatility in parallel…
RBZ blocks money supply in response to Parly demand October 29, 2021 By Alois Vinga RESERVE The Bank of Zimbabwe’s (RBZ) Monetary Policy Committee (MPC) has approved resolutions to curb the broad money supply to halt…
Bank loans up 2.7%, money supply at P14.6 T – Manila Bulletin October 29, 2021 Large banks’ lending activities continued to grow in September, the second consecutive month that bank lending recorded growth, said the Bangko Sentral ng Pilipinas…
Wanted UP gangster staged illegal money loan racketeering on Guj October 6, 2021 Sarfaraz Sheikh 06-10-2021 06:00 AM ->
Virgin Money bank cuts more branches in Scotland September 30, 2021 THE owner of the former Clydesdale Bank is making further cuts to its branch network which will lead to around 70 redundancies in Scotland….
Money and Markets: Supply Chain Problems Caused by Money Supply September 30, 2021 The Covid pandemic has injected too much money into the global financial system, causing inflation and creating the current supply problems. Hysteresis was a…
Bank lending rebounds, money supply rises in August – Manila Bulletin September 30, 2021 Bank lending rose 1.3% year-on-year in August, ending an eight-month contraction with the deployment of more COVID-19 vaccines and the lifting of stricter lockdowns…
Don’t Waste Your Money: Wire Transfer App Scam September 27, 2021 (WHTM) – Do you use money transfer apps like Venmo, Zelle or Cash App? If so, the Better Business Bureau (BBB) has an important…
Singapore Money Lending Law and How Lenders Comply With It September 16, 2021 If you are strapped for cash and need cash quickly to deal with a personal or business emergency, you can turn to a private…
Money: Bank of England issues warning as old £ 20 banknotes set to become void – deadline | Personal Finances | Finance September 13, 2021 In just over a year, the £ 20 and £ 50 previously used will no longer be usable, according to the Bank of England….
Bitcoin is barter, not money, says Bank of Mexico governor September 10, 2021 Bitcoin looks more like a means of barter than “advanced” fiat money, the head of the Mexican central rear said Thursday, calling it a…
Cops arrest three illegal money-lending unions in Seremban, five of them arrested September 8, 2021 SEREMBAN: Police dismantled three illegal money-lending unions with the arrest of five local men in Negeri Sembilan, state police chief Datuk Mohamad Mat Yusof…
Broad money supply continues to decline in July September 4, 2021 Macau’s broad money supply fell 0.7 percent month-on-month to 690.2 billion patacas (about $ 86.2 billion) in July with a stable share of patacas,…
Money supply growth slows in July September 2, 2021 Read this in the digital edition of the Manila Times. The Bangko Sentral ng Pilipinas (BSP) reported that the country’s money supply grew at…
Bank loans are improving; money supply at P14.4T – Manila Bulletin September 1, 2021 The decline in bank lending slowed in July, falling only 0.7% year-on-year for the same month, from 2% in June, the Bangko Sentral ng…
Australians lack free money: banking tool helps you find it August 27, 2021 Australians are missing out on thousands of free perks they don’t know they are entitled to, but a practical app is changing that. Australians…
The threat of inflation is huge, even as money supply grows, says Savant August 26, 2021 Inflation nervousness is upon us. After a worrying jump in the Consumer Price Index (CPI) (up 5.4% in the last 12 months to July),…
KFI Makes Certified Kosher Bank the New Standard in Money Lending Industry August 24, 2021 NEW YORK–(COMMERCIAL THREAD) –Important Jewish leaders are at the forefront of the call to expand the kosher phenomenon to encompass the banking and lending…
Scottish Illegal Money Lending Unit launches site to fight loan sharks August 17, 2021 A NEW dedicated advice site is launched with the aim of supporting Scots who find it difficult to deal with loan sharks. The Scottish…
Scottish Illegal Money Lending Unit expands network to crack down on loan sharks August 16, 2021 The Scottish Illegal Money Lending Unit (SIMLU) has launched a new dedicated advice site to support Scots who are struggling to deal with loan…
BB is preparing to bring the excess money supply under control August 5, 2021 The Bangladesh Bank yesterday decided to mop up excess liquidity as it hurts banks, savers and small borrowers and threatens to create instability in…
Fed reverse repurchases do not reduce money supply August 5, 2021 August 5, 2021 3:26 p.m. ET Photo: David Gothard Phil Gramm and Thomas R. Saving present their editorial “How the Fed Is Hedging Its…
The design of this minimal piggy bank takes “fruits at your fingertips” very literally! August 3, 2021 Money is generally not seen as a “handy fruit”, but this money bank is here to change your mindset about abundance and saving! Fruiting…
Airtel Africa to sell 7.5% stake in mobile money unit to QIA for $ 200 million July 31, 2021 Airtel Africa has signed an agreement to sell around 7.5% stake in its mobile money unit to Qatar Holding LLC, a subsidiary of Qatar…
‘Loan shark’ detained in raid suspected of illegal money lending and money laundering July 21, 2021 A suspected loan shark has been arrested after a morning raid in Toxteth by a national illegal money lending squad. The man, 64, was…
Constitution Lending partners with Sila to revolutionize hard money lending July 21, 2021 PORTLAND, Oregon & DELRAY BEACH, Florida – (COMMERCIAL THREAD) – Sila Inc., a fintech software platform that provides payment infrastructure as a service, today…
UAE M1 Money Supply Slightly Up in May July 12, 2021 The aggregate money supply (M1), which includes currency in circulation outside banks and monetary deposits, increased by 0.3% to reach 646.4 billion dirhams (billions…
UAE M1 money supply up slightly in May – central bank July 12, 2021 The overall money supply (M1), which includes money in circulation outside banks plus monetary deposits, increased by 0.3% to 646.4 billion dirhams (billion dollars)…
Money supply growth fell in May to its lowest level in 15 months – OpEd – Eurasia Review July 8, 2021 By Ryan McMaken* Money supply growth slowed again in May, falling for the third month in a row, and to a 15-month low. In…
Broad money supply rebounds in May July 6, 2021 Macau’s broad money supply rebounded 0.7% mo to MOP 703.0 billion ($ 87.9 billion) in May with a stable share of patacas, the watchdog…
Money supply growth down in May │ GMA News Online June 30, 2021 Money supply growth slowed further in May, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday. Data released by the central bank showed that…
Two suspected Huddersfield loan sharks arrested in illegal money lending operation June 29, 2021 A 45-year-old woman and a 47-year-old man were arrested today (Tuesday) on suspicion of illegal money lending and money laundering offenses, following an operation…
Taiwan’s narrow M1B money supply gains 17.74% June 25, 2021 By Crystal Hsu / Staff Reporter Taiwan’s money supply, as measured by M1B and M2 movements, recorded annual gains of 17.74% and 9.21% respectively…
Tax expenditures and the myth of the money supply June 23, 2021 If you haven’t read Part 1, which is about what EQ is and what it isn’t, you can find it here. In Part 2a,…
bne IntelliNews – Moneta Money Bank shareholders do not support PPF buyout June 22, 2021 Shareholders of Czech lender Moneta Money Bank did not support proposed Czech crowns 25.9 billion (€ 1 billion) merger deal with Czech investment group…
India’s money supply gains about 10% over the year June 21, 2021 India’s total money supply (M3) stood at Rs 19,096,038 crore as of June 4, 2021, recording a rise of 9.9% from the…
Analysis: Economists envision money supply surge as inflation fears escalate June 17, 2021 The Federal Reserve Building is pictured in Washington, the United States on March 19, 2019. REUTERS / Leah Millis / File Photo Register now…
bne IntelliNews – Moneta Money Bank and Air Bank merger in trouble after proxy firms speak out against June 11, 2021 Czech investment group PPF’s planned merger between Moneta Money Bank, the sixth-largest Czech bank by assets, and eighth-ranked Air Bank poses serious problems after…
bne IntelliNews – Moneta Money Bank and Air Bank merger struggling after proxy firms speak out against June 11, 2021 Czech investment group PPF’s proposed merger between Moneta Money Bank, the sixth-largest Czech bank in terms of assets, and eighth-ranked Air Bank, poses serious…
Do you remember JPM Coin? The next step is programmable money, according to Bank Exec June 7, 2021 Two years after JPMorgan hit the headlines with plans for an internal digital token, the global mega-bank is looking to deliver on one of…
Keep an eye on the money supply. He shrunk. June 4, 2021 Text size This commentary was posted recently by fund managers, research firms and market bulletin writers and was edited by Barron’s. A little tapping,…
Emefiele entrusts banks with the principles of sustainability of money lending June 4, 2021 Central Bank of Nigeria (CBN) Governor Godwin Emefiele advised the banking sector to always ensure that potential beneficiaries of their loans place great importance…
Nigeria: Emefiele charges banks on sustainability principles for lending money June 4, 2021 Central Bank of Nigeria (CBN) Governor Godwin Emefiele advised the banking sector to always ensure that potential beneficiaries of their loans place great importance…
Money supply M1 aggregate hits Dhs644.4b: CBUAE June 1, 2021 The photo has been used for illustrative purposes. The Central Bank of the United Arab Emirates (CBUAE) announced that the M1 money supply aggregate…
Central Bank of the United Arab Emirates announces a slight increase in the M1 money supply in April June 1, 2021 The UAE Central Bank said money supply M1, which includes currency in circulation outside banks and monetary deposits, rose 0.3% to 644.4 billion dirhams…
UAE Central Bank says M1 money supply increased slightly in April June 1, 2021 The UAE Central Bank said the M1 money supply, which includes money in circulation outside banks plus monetary deposits, increased 0.3 percent to 644.4…
Bank credit continues to decline; Money supply slows – Manila Bulletin May 31, 2021 The outstanding loans of major banks continued to decline while the money supply or M3 slowed in April, the Bangko Sentral ng Pilipinas (BSP)…
Money supply growth slowed further in April —BSP │ GMA News Online May 31, 2021 Money supply growth continued to slow in April, with the surge in COVID-19 cases affecting economic activity during the month, the Bangko Sentral ng…
The pace of money supply growth slows: central bank May 25, 2021 By Crystal Hsu / Journalist Although the pace of the country’s money supply growth slowed last month, it has remained rapid, supported by the…
Don’t waste your money: SMS scams May 17, 2021 Posted: May 17, 2021 / 11:02 PM EDT / Update: May 17, 2021 / 11:02 PM EDT (AP Photo / Jenny Kane, file) Some…
eBay to Launch Money Loan Service for Sellers Who Have Difficulty Accessing Covid-19 Support May 12, 2021 A new money lending service is launched by eBay for professional sellers who have difficulty accessing Covid-19 support. The bosses of the online retailer…
Money lending startup Tala taps Visa for stablecoin payments May 5, 2021 In short Tala, a company providing financial services to communities without access to banks, plans to offer payments via USD Coin. USD Coin is…
India’s money supply grows 11.3% YoY April 26, 2021 India’s total money supply (M3) stood at Rs 18,907,383 crore as of April 9, 2020, recording an increase of 11.3% from the…
Digital money lending apps push young people into depression – Kenya News Agency April 21, 2021 Lending digital money through cell phones is a time bomb that is pushing many young people across the country into depression. So easily accessible…
RBI and Impact of Money Supply Expansion on Inflation – The New Indian Express April 17, 2021 It’s a rough start for the RBI. In its first bi-monthly review of monetary policy last week, the central bank announced for the first…
Kenya: Chinese billionaire hides behind popular Kenya mobile money lending apps April 9, 2021 On April 13 last year, Kenyans were just starting to adjust to a new life amid a partial economic shutdown caused by Covid-19. About…
RMA proposes to change rules and regulations for private money lending April 8, 2021 Wondering whether the rules, meant to tackle illegal private money lending, have achieved their goal Tashi Dema The Royal Monetary Authority (RMA) has proposed…
Is the Fed hiding something? Why Weekly Money Supply Data Just Went Out – Steve Hanke April 6, 2021 (Kitco News) – The Federal Reserve recently stopped updating the weekly M1 and M2 money supply series and instead updates the series monthly. Steve…
MARK-TO-MARKET: US money supply is skyrocketing, but is it good? | Business and Economy April 2, 2021 In response to the economic fallout from the global pandemic, our country’s money supply has reached record levels. Over the past 12 months, M2…
Money supply is growing faster | Manila weather April 1, 2021 The country’s money supply grew faster in February despite the continued decline in bank lending, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday….
Mastercard to invest $100m in Airtel Africa’s mobile money unit March 31, 2021 Mastercard Inc. credit cards are shown in this illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo Join now for FREE unlimited access to Reuters.com…
US Money Supply Will Remain High Despite Coming Slowdown, Hall of Fame Says March 26, 2021 The nearly 40% jump in US money supply over the past year has raised concerns about rising inflation, particularly in bond markets like US…
The growth of the money supply induces the weakening of the Zimbabwean dollar March 26, 2021 In Tuesday’s Reserve Bank of Zimbabwe auction results, the Zimbabwean dollar (Zimdollar) fell slightly against the greenback 0.16% to ZW 84,1197 from a close…
Hamilton poverty fighters target ‘predatory’ quick fix money loans March 22, 2021 “Soul crushing.” This is how Mike Lawson describes what it feels like to be caught in a vicious circle of debt by taking out…
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