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Exact(33)
The bad debts have been incurred predominantly through lending to businesses.
What's more, strengthening the system should put the country's banks into a position to support the economy and businesses through lending.
The revelation that investment banks take a portion of our profits through lending our securities, but don't share in the losses they experience making these investment decisions without our knowledge or consent — this is appalling.
The banks that do have the financial wherewithal — like Goldman Sachs and JPMorgan Chase, which made combined profits of nearly $7 billion in the third quarter — are not making their money through lending.
The operation will allow the bank to develop a solid industrial plan, thanks to which it will boost its support for the real economy through lending to families and businesses".
In addition to applying for a full banking license in its own right — meaning that it will be able to generate revenue through lending out bank deposits — Mondo is busy writing its own full stack banking software from scratch.
Similar(27)
Most of the literature finds evidence of overpass-through to lending rates, albeit the results present a significant variation in the estimated pass-through.
However, we also find evidence of a faster pass-through to lending rates than to deposit rates.
Moreover, our results reveal that the pass-through to lending rates is generally faster than to deposit rates.
Similarly, the pass-through to lending rates is complete, with the long-run coefficient ranging from 1.0 to 1.2.
By employing an ECM, Andújar (2012) finds a complete pass-through to lending rates and an incomplete one to deposit rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com