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MYbank to release USD 282 bln lending plans during pandemic

News | Online & Mobile Banking | 06 May 2020

Online lending platform MYbank, backed by Jack Ma, has planned to issue USD 282 billion worth of loans to small- and medium-sized companies in 2020.

MyBank, pandemic, online lending platform, Jack Ma, SME, China, lending surge, Ant Financial, loan algorithms, real time payments