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The slowing of the Chinese economy is putting increasing pressure on the loan portfolios of small banks, many of whose customers are the smaller, private sector business that are being hit hard by the.
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The underwriting decisions on private lending are based on the hard assets of the borrower. private lending offers significant advantages over financing with a bank, including speed and flexibility. Hard money loans are typically used when timing is a critical issue.
In order to receive the funding necessary to keep its economy afloat, the International Monetary Fund and European Union finance ministers developed a long list of austerity. The Greek government.
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Russian money is alleged to be at the heart of multi-billion dollar laundering rackets that engulfed Danske Bank, Denmark’s largest lender and Sweden’s Swedbank. Russia’s central bank, which has a.