ZAWYA

Drive Finance signs a syndicated credit facility agreement worth 5 Bln EGP to support the expansion of its consumer finance and factoring portfolios

The new facility is dedicated to supporting the company’s auto financing activities within both its consumer finance and ...

US bank profits climb in Q3 as loss provisions ease, FDIC says

US bank profits rose to $79.3 billion in Q3 2025 as non-interest income and lower provisions boosted results. Past-due rates ...

US Banks Report 13.5% Jump in Profits: FDIC

WASHINGTON (Reuters) -The U.S. banking industry saw its profits jump 13.5% to $79.3 billion in the third quarter of 2025, the Federal Deposit Insurance Corporation reported Monday.
American Banker

Bank profits rise on lower provisions, stronger margins

The Federal Deposit Insurance Corp. said in its Quarterly Banking Profile report for the third quarter that bank earnings hit ...

1 in 10 auto loan applications are rejected — use these 3 tips to get approved

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

Goldman Sachs sees upside in Europe's auto elite despite China pressure and tariffs

Faced with intensifying competition from Chinese manufacturers, U.S. tariffs, and burdensome emission regulations from the EU, European auto manufacturers appear to be “written off” by capital markets ...