More Banks Serving Consumers Who Have Poor CreditCharles Aikens
Basic accounts are ideal for people with poor credit or those who don’t qualify for a current account. They offer direct debit payment options and users get Electron debit cards. However, you don’t have access to loans, credit cards, or overdrafts. You can upgrade from a basic account ...
Microbanks serve micro-enterprises and poor people with financial services. This study examines how various aspects of international influence affect microbanks' financial and social performance. Grounded in agency theory and resource-based theory, we argue that there are multiple ways that the internati...
her bank could not provide her with the details of the case as they did not ask the merchant for it. The minute they found out the transactions were physical, they washed off their hands and sent her a letter which indicated she was liable for the RM38,000. ...
Micro Financing: A Boom for the Poor Micro fianc茅 through self help groups is an alternative system of credit delivery for the poorest of the poor groups. Micro finance institutions other than banks are engaged in the provision of financial services to the poor. India ... GVJ Rao - 《Dri...
creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure....
According to the People's Bank of China and the former China Banking Regulatory Commission, banks with total assets under 500 billion yuan (US$ 69 billion) are classified as small and medium-sized ones. At the start of the year, Xiao Yuanqi, the deputy director of NAFR, reported that th...
G-SIBs must maintain larger capital buffers than those required for other banks with about $100 billion or more in assets. They must also meet the TLAC standard, which ensures that G-SIBs have enough financial resources to go without taxpayer bailouts in an emergency. These measures, updated ...
Banking for the Poor: Evidence From India State-led credit and savings programs have been implemented in numerous low income countries, but their success in reaching the poor remains widely debated... B Robin,P Rohini,W Grace - 《Journal of the European Economic Association》 被引量: 193发表...
After thefinancial crisisof 2008, many big banks abandoned theirsubprime lendingbusinesses. But now, they are quietly finding another way to profit from these products. Subprime loansprovide financing for borrowers with poorcredit historiesor lowercredit scores. The loans often come with a much higher...