MANILA -Union Bank of the Philippines registered a weaker bottom line in the January-September period despite stronger revenues as expenses ballooned following the acquisition of Citi’s consumer business and rollout of its digital-only banking arm. On Tuesday, the Aboitiz-led bank announced its net income amounted to P8.1 billion in the first three quarters, lower by 19 percent than the P10.09 billion it booked in the same period last year. Net revenues climbed by 48 percent to P52.8 billion during the period as net interest income grew by 34 ...
KB Kookmin Bank has announced an expansion of support for small business owners struggling with domestic economic stagnation and the burden of loan repayments.
Small businesses get fewer loans from banks, turning to alternative lenders that charge significantly higher rates
Quick loan with an online application ; Conventional financing ; Owner-occupied or investment property ; Government-backed loans ; Essential business asset financing ; PPP loan forgiveness
Average business loan interest rates vary with market forces and by loan type and lender. What rates can you expect?
Business start-ups · Acquisitions · Working capital · Real estate · Franchise financing · Debt refinancing · Improvements · Renovations
Empower your business with Customers Bank's small business loans, offering a variety of financing options tailored to your unique needs. Learn about our flexible terms and competitive rates to supp...
Some smaller banks have followed the lead of the big state-run and private banks and reduced lending interest rates by 0.5-1 percentage points for existing loans. - VnExpress International
Small business loans can be used for working capital, payroll, equipment and more. Options include SBA loans, bank loans, term loans and lines of credit.
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