banks

British banks denied pandemic loans to over 150,000 companies

British banks turned down more than 150,000 applications for government-guaranteed business loans during the Covid-19 outbreak in an effort to prevent...

Bonuses, dividends pit Europe banks against economic wardens

Judging by its largest banks , you’d hardly know Europe was in the grip of a worsening pandemic .

Fragile European banks bracing for Covid-era distressed loans

As 2020 dawned, bankers throughout Europe were still digging out of the last crisis, with weak lenders in Greece and Italy peddling soured loans and...

Corporate income tax for banks will be raised to 20 percent

The corporate income tax rate for banks and credit unions is set to rise to 20 percent, from the current 15 percent, in January.

Government renounces banking asset tax but proposes additional corporate tax

Lithuania's government is leaning towards "burying" the planned banking asset tax and is proposing introducing an additional 7 percent corporate tax...