QNB Group has completed the acquisition of 99.81% stake in Finansbank in Turkey. The transaction is a “significant milestone” in QNB Group’s strategy of international expansion.
Non-performing loans in Turkey’s banking sector have been on a “significant” rising trend as of late
An Indian tribunal halted a $75mn severance payout from spirits giant Diageo to Vijay Mallya, a beleaguered liquor baron accused of defaulting on hundreds of millions of dollars in loans.
Thousands of frustrated renters have joined a stampede to secure loans from George Osborne’s new London-only homebuying scheme in its first week, the Evening Standard has learnt.
