Gulf Times - loans
Low delinquent loans, higher cushion of capital facilitate expansion of Qatari banking system, says Sheikh Abdulla

Low delinquent loans, higher cushion of capital facilitate expansion of Qatari banking system, says Sheikh Abdulla

Low delinquent loans and higher cushion of capital facilitated sustainable expansion of Qatari banking system’s balance sheet, HE the QCB Governor Sheikh Abdulla bin Saoud al-Thani has said.

World Bank approves $2.1 bn loans for Nigerian projects

World Bank approves $2.1 bn loans for Nigerian projects

The World Bank said on Thursday it had approved a total of $2.1 billion in concessionary loans to fund projects in Nigeria aimed at improving access to electricity and promoting governance.

Indian govt to split Air India's debt ahead of stake sale

Indian govt to split Air India's debt ahead of stake sale

India will transfer part of Air India's $8.5bn debt pile to a special purpose vehicle before selling a stake in the state-owned carrier, its junior civil aviation minister told Reuters on Friday.

Qatar pledges $1bn for reconstruction of Iraq

Qatar pledges $1bn for reconstruction of Iraq

HE Sheikh Mohamed bin Abdulrahman al-Thani stressed the interest of His Highness the Emir in the proceedings of the conference and Qatar's support for Iraq in regaining its role in the regional and international environment.

Qatar receives investments of more than QR743bn in Q2

Qatar receives investments of more than QR743bn in Q2

The survey was addressed to about 30 of the largest enterprises in the private sector, which accounted for 84% of value of inward FDI (foreign direct investment) of non-banks enterprises in 2016.

Pakistani flag carrier PIA raises $130mn

Pakistani flag carrier PIA raises $130mn

Pakistan's national flag carrier said on Monday it has raised $130mn in fresh financing from a banking consortium, as the airline staggers under the weight of earlier loans totalling more than $3bn.

QNB completes acquisition of 99.81% stake in Turkey's Finansbank

QNB completes acquisition of 99.81% stake in Turkey's Finansbank

QNB Group has completed the acquisition of 99.81% stake in Finansbank in Turkey. The transaction is a “significant milestone” in QNB Group’s strategy of international expansion.

In Turkey, bad loans a ‘significant’ rising trend: Isbank CEO

In Turkey, bad loans a ‘significant’ rising trend: Isbank CEO

Non-performing loans in Turkey’s banking sector have been on a “significant” rising trend as of late

Indian tribunal halts $75mn payout to Vijay Mallya

Indian tribunal halts $75mn payout to Vijay Mallya

An Indian tribunal halted a $75mn severance payout from spirits giant Diageo to Vijay Mallya, a beleaguered liquor baron accused of defaulting on hundreds of millions of dollars in loans.

Renters rush for help-to-buy loans

Renters rush for help-to-buy loans

Thousands of frustrated renters have joined a stampede to secure loans from George Osborne’s new London-only homebuying scheme in its first week, the Evening Standard has learnt.