News

The High Court has dealt Diamond Trust Bank a major blow by dismissing its Chief Executive Officer Mural Natarajan’s case where he sought a magistrate’s court summons in a Sh174 million loan ...
In 2011, Reka Mesra was wound up by the bank, and three years later, the bank sought to auction off the property to secure repayment of the defaulted loan. The couple was among those affected.
DTB sold off a yard and the trucks arguing that Bayusuf had defaulted paying the loan. The agreement was to pay at least 26 percent per annum on the amount borrowed. In addition, the bank went for ...
As part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.' ...
More home loan solutions are being made available to the public to benefit from, thanks to a signing between Bproperty, Bangladesh's largest transacting real estate brand, and Pubali Bank, a leader in ...
Explore the implications of purchasing a house with a conventional loan featuring a fixed monthly payment. In this guide, we discuss a scenario where a buyer puts down 20% and borrows 80% from a bank, ...
Recently Union Bank Limited signed an agreement with Bangladesh Bank to disburse loans at a 7% profit rate under the “Refinance scheme against Term Loans to Cottage, Micro, Small and Medium ...
Australia's finance sector is tapping into the Islamic market, with one of the country's biggest lenders launching a Sharia-compliant loan and smaller institutions vying to become the first bank ...
National Security A Russian bank gave Marine Le Pen’s party a loan. Then weird things began happening. December 27, 2018 More than 6 years ago Summary ...
Instead of suspending its loan to the government, in line with its 2014 agreement, the World Bank increased its investments in Uzbekistan’s agriculture industry through its private sector ...
Explore the nuances of taking a loan from your company for purchasing a flat while navigating the complexities of Riba (interest) in financial transactions. This article discusses a scenario where a ...