Browsing: Credit

A group of foreign bondholders have taken steps to force Ukraine to begin repaying its debts as soon as next year, the Wall Street Journal reported on Sunday. If they succeed, Kiev could hemorrhage $500 million every year on interest payments alone.

Integrity Council for Voluntary Carbon Markets (ICVCM) has added Verra and Architecture for REDD+ Transactions (ART) to its list which meet its Core-Carbon Principles rule book

Dubai’s stock exchange is dipping its toes into the $1.7 trillion private credit market with a new platform it says would make it easier for local companies to raise such debt.

Data issued by the Central Bank of Oman (CBO) indicate that the credit granted to the private sector recorded a growth of 3.9 percent

RIYADH: Credit card loans in Saudi Arabia surged to SR27 billion ($7.2 billion) in 2023, marking a 17 percent annual increase, according to data from the Saudi Central Bank. 

Time lags in re-valuing assets to reflect higher interest rates and difficulties in selling the assets quickly have increased the risks from private credit used by companies for funding, a Bank of England official said on Monday.