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...
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...
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...
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 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...
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...
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 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...
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? 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...