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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

Lending 195
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Dialing Up Performance in Home Equity Lending

Gonzobanker

With the inefficient, circa-2004 borrowing processes resident in many banks’ loan departments today, too few lenders are equipped to deal with the rising tide of home equity volumes that will descend like a tsunami on their operations the moment Fed chairman Jerome (What-Are-We-Waiting-For) Powell announces a rate cut.

Lending 139
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Ant Financial Looking To Resurrect Stalled IPO

PYMNTS

Credit Suisse and China International Capital Corp are both reportedly in talks with Ant Financial as the groundwork begins, sources told the news outlet. . Ant Financial’s initial product was the 2004 payment-processing service Alipay.

Taxes 131
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Banks and CDFIs: Partnering for community impact

Abrigo

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246
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NCUA proposed rule: MBL flexibility for credit unions?

Abrigo

On June 18th, the board of the National Credit Union Administration (NCUA) unanimously approved five items , including a proposed rule aimed at modernizing member business lending (MBL). Small business lending at credit unions has continued to increase over the last several years. billion in 2004. billion in 2004.

Lending 150
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Flow of funds and the UK real economy

BankUnderground

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 102
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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

PYMNTS

The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital. Yes Bank was founded in 2004; it grew rapidly, but was affected by more corporate defaults in the country. On Thursday (Oct.