Banking

Yuan currency

China ‘set to launch’ trial of e-RMB digital currency

CHINA’S central bank has stepped up development of a digital currency likely to become the first to be operated by a major economy. The sovereign...
Reserve Bank of India

Indian Summer On The Horizon

Investors had been keeping their distance from India this last 12 months as New Delhi's business hubs looked like being on the brink of...
Tablet showing graphs, technology, fintech

Fintech funding key to keeping SMEs strong after end of loans

ONE OF Europe’s largest business lenders says the fintech industry must be strengthened to support SMEs after the Bounce Back Loan scheme closes at...
Islamic law

Sharia banking weaves moral fibre into the West’s oft-flawed system

No pork, no porn, no booze: this traditional Islamic take on finance and funding relies on ancient ethical codes — and ensures lender and...
Online banking

Online shift has banks shutting shop

HIGH street bank branches are shutting as people turn to online services and money management. Which? magazine reports that 5,355 bank and building society branches...
Rishi Sunak, UK Chancellor

Latest UK government scheme adds ‘bounce’ for businesses

CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic UK CHANCELLOR of the Exchequer Rishi Sunak recently...
wcms_582287

ILO calls for new strategies to help SMEs get loans

Bank loans can help firms improve job quality and productivity, but are often difficult to get for Small and Medium Enterprises (SMEs). Consequently, policy-makers...
Lloyds Bank, Manchester

Lloyds Bank profits nosedived in 2020 … but less than expected

LLOYDS Bank has announced a 70 percent slump in annual profits. CEO Antonio Horta-Osorio said the pandemic had had a profound effect on the bank’s...
Global Trade Finance

Seven international banks sign-up for global digital network for SME finance

CHEAPER and easier funding for corporates via a global digital network in trade finance: this is the goal of a Memorandum of Understanding (MoU)...
Small Business Britain logo, Small Business Help

Small business? Big assistance, at no charge

SMALL Business Britain has launched a support programme, in partnership with Lloyds Banking Group, to help small businesses survive a challenging economic period. With SMEs facing...