PHNOM PENH, Cambodia, March 17, 2026 /PRNewswire/ -- Cambodia's banking industry is stepping up efforts to ensure ethical and transparent lending practices through the large-scale rollout of ...
The Central Bank of Nigeria (CBN) has waived the affidavit requirement for reactivating dormant bank accounts, easing access ...
Human society today is highly evolved. From the age of hunter-gatherers, when people lived and worked in small groups for immediate survival, human beings have gone on to build elaborate institutions, ...
Twenty-one million small borrowers exited formal finance. Lenders stopped new loans to those with overdue payments after a microfinance crisis. Many have returned to private moneylenders. This trend ...
Persistent stress in asset quality led to tightening of underwriting standards like adoption of guardrails to restrict number of loans and leverage at a borrower level, as per the report by Equifax ...
Agricultural loans are crucial for farmers in India, providing the necessary financial support to boost productivity and sustain livelihoods ...
Banks experienced a 40% contraction in MFI portfolios in Q3FY26, the highest among all lenders due to asset quality stress.
Authorities move to strengthen anti-money laundering enforcement before the upcoming ...
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Business Daily Africa on MSNOpinion

Bad loans tax ruling could raise credit cost

A recent decision by Kenya’s Tax Appeals Tribunal (TAT) in the case pitting a credit-only microfinance institution against Commissioner for Domestic Taxes has sent ripples through the country’s ...
Chairman, Polaris Bank, Dr. Kassim Gidado, said newly inducted banking professionals must remain steadfast in their commitment to integrity, ethical conduct and professional excellence as they advance ...
Bills Micro-Credit Limited has suspended three of its field officers and launched an internal investigation after a ...