Category: Loans

Indonesian banks boosting small-business loans

JAKARTA/BANGKOK — Banks in Indonesia are boosting lending to operators of small and midsize companies, who have traditionally relied on family and friends for loans, as demand for credit grows. Loans to such businesses in the Southeast Asian country increased to about 740 trillion rupiah ($55.8 billion), or roughly 20% of total bank lending, at […]

Project Clear loans transfer to Cairn

Some 6 per cent of the Project Clear loans acquired by London-listed housebuilder Cairn Homes from Ulster Bank in December have not yet been transferred to the Irish housebuilder because the consent of the underlying borrower has not been given. This emerges in a prospectus for Cairn’s capital raising plan, which will net the company […]

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