Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after ...
China Banks Increase Consumer Loan Rates to Protect Margins
Lenders including China Merchants Bank Co. and Bank of Jiangsu Co., which previously engaged in a price war by offering ...
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Block Stock Soars 6% On FDIC Nod For SFS’ Consumer Loan Product Ignoring Citi’s Price Target Cut — Retail Remains Neutral
On Thursday, BTIG analyst Andrew Harte kept a ‘Buy’ rating and a $110 price target on Block shares, citing the FDIC approval for Cash App Borrow consumer loans. According to TheFly ...
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.
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Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Personal consumer loans account for just about 2% of the total ... and that starts with healthy wage growth and asset price stabilisation," Song added. Technologycategory US Senate committee ...