Tag Archives: lending

Choosing the Right Lending Institution

The vast majority of people will need to take out a loan at some point in their life. Houses and cars are the two most expensive things that people buy. Therefore, most people cannot afford to pay cash for them. They require a lending institution to give them a loan that will allow them to make the purchase. They will ... Read More »

HSBC launches special lending facility for start-ups in China’s Pearl River Delta

HSBC (HSBA.L) has launched a $290 million lending facility aimed at technology start-ups and other new industries in China’s Pearl River Delta region, intensifying the battle for a slice of a business that is growing despite a slowing economy. Showered with money from private investors over the last few years, the promising technology start-ups in China, the world’s second-largest economy, ... Read More »

Singapore bank halts lending for London properties over Brexit vote

Singapore’s third-biggest lender has suspended new loans for the purchase of London properties as the aftershocks of Britain’s vote to leave the EU are felt around the world. United Overseas Bank said it would “temporarily stop” issuing the loans because of heightened uncertainty following the Brexit decision. “As the aftermath of the UK referendum is still unfolding and given the ... Read More »

Lloyds Banking Group reveals surge in buy-to-let lending

Mortgage lender pins rise on rush to beat new stamp duty charges as bank group reveals profits nearly halved in first quarter Lloyds is accelerating its plan to cut jobs and shut branches to cut costs. Photograph: Niklas Halle’N/AFP/Getty Lloyds Banking Group, the UK’s biggest mortgage lender, has revealed a surge in activity by buy-to-let and second-home buyers in the ... Read More »