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China outstanding total social financing up 11% y/y at end-May

China's outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 11% to 297.98 trillion yuan ($46.64 trillion) at the end of May from a year earlier, the central bank said on Thursday. ....

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Ukraine to handle 'difficult' GDP warrants according to market situation: finance minister

Ukraine will navigate the difficult issue of its outstanding GDP warrants according to market conditions, Finance Minister Serhiy Marchenko told a conference on Thursday, but declined to reveal what options the government might pursue. ....

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How LendingPoint Is Simplifying Personal Loans

How LendingPoint Is Simplifying Personal Loans
Borrowing money made easy.
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June
10, 2021
3 min read
Disclosure: Our goal is to feature products and services that we think you ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
“How am I going to pay for this?” It’s a question that we’ve all asked ourselves at one moment or another. Whether it’s to purchase a large item, furniture for your home, or pay for a family trip, most consumers need to consider the best way to pay for a large purchase. What is the right choice? Credit cards, store financing, debit cards, even cash are options. But there’s a new “old” option available to consumers – the personal loan. ....

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Cemex concludes sale of subordinated notes

Cemex concludes sale of subordinated notes
Written by Global Cement staff
10 June 2021
Mexico: Cemex has concluded the sale of subordinated notes with a value of US$1.0bn. The company says that it will use the proceeds from the bonds sale for various purposes, including debt repayment.
Chief financial officer Maher Al-Haffar said, “The purpose of this transaction is to further Cemex in its pursuit of an investment grade capital structure and a commensurate leverage ratio.” ....

Maher Al Haffar ,

Egypt's Banque du Caire agrees $200 million loan from Afreximbank

Egypt's third-largest state-owned bank Banque du Caire has agreed to a $200 million, five-year loan from Afreximbank, it said in a statement on Thursday. ....

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