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Fintech Nium, Jeonbuk Bank To Introduce Global Remittance Service

Fintech Nium, Jeonbuk Bank To Introduce Global Remittance Service
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Asia Digest: Citi completes Indonesian consumer unit sale, Nium partners Jeonbuk Bank

Citi is also in the process of winding down consumer businesses in China and Korea.

Unsecured loans rise in October on leveraged borrowing

Unsecured loans rose over 608 billion ($460 million) in October from the month before, breaking nearly two years of sustained decline, after leveraged borrowers sought a new line of credit due to tightened mortgage rules, data showed Friday.

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