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Showing 81 - 90 of 540 results for "Lenders"

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... elements of APRA's ADI lending standards and apply them to non-ADIs. Other key elements of the reforms include allowing lenders to rely on the information provided by borrowers, replacing the current practice of 'lender beware' with a 'borrower responsibility' ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... observers by surprise, but the truth is that Government support for our sector has really empowered technology enabled lenders," Yakutiel said. "Policies such as the government guarantee scheme and the support from the Australian Office of Financial ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... risk analyst at GE Money and a credit analyst at Royal and Sun Alliance. Commenting on his appointment, Vassiliev said lenders are operating in a challenging environment and increased hardship provisions and loss mitigation activities is putting pressure ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... fairly during what is a difficult time for many Australians." Wilson said he is interested in ensuring the nations large lenders have done all they can to support the economy during Australia's first recession since 1991. "We are also keen to hear about ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... likely see more small and midsized firms go under as the pandemic's pain deepens, which could boost credit costs for lenders through next year." Although, "the pandemic has forced the BOJ to be more mindful of the risk of banking-sector problems ...

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... executive Steve Vamos said. "Waddle's lending platform has the potential to enable a wide range of banks, fintechs and other lenders to better support small business financial needs. "We're excited about the benefits Waddle can bring to many of our customers ...

Schroders appoints head of private debt

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... exposures on their balance sheets than they previously were, meaning the door is open for so-called 'non-traditional' lenders."

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... expanding the SME Guarantee Scheme. The government is guaranteeing 50% of new loans to SMEs in partnership with 44 approved lenders for SMEs with a turnover of up to $50 million. "However, the number of 'zombie companies' - those being kept out of administration ...

Former Aberdeen duo back with Sydney boutique

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... firms," Bishop said. "We are doing some specialist work for a public sector client. We can also help our credit funds or lenders in special situations, for example when [and asset] is exhibiting some distress and those lenders want to be prepared for ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... operating environment," he said. Village Roadshow announced yesterday that it secured $70 million of funding from its existing lenders and the Queensland Treasury Corporation, $43 million of this needs to be repaid within 12 months with the remaining ...