Freedom of Choice: Austria Emphasizes the Importance of Payment Options

Freedom of Choice: Austria Emphasizes the Importance of Payment Options

October 31, 2023, 986 characters Vienna (OTS) – “Whether electronically, card or cash – people in Austria decide how they pay,” says Franz Rudorfer, managing director of the federal banking and insurance division in the Austrian Economic Chamber (WKÖ). With this, the Austrian banks are once again emphasizing the importance of freedom of choice when … Read more

Czech and Slovak UniCredit Bank’s Profit Rises by 25% in Three Quarters

Czech and Slovak UniCredit Bank’s Profit Rises by 25% in Three Quarters

It also announced that it aims for a net profit exceeding five billion crowns for the whole of this year, which is 300 million crowns more than in the outlook published in July. Net interest income for the first three quarters fell by 11.3 percent year-on-year to 6.4 billion crowns, according to the bank, this … Read more

The ex-head of Tengri Bank and his former deputies were sentenced

The ex-head of Tengri Bank and his former deputies were sentenced

The former head of Tengri Bank, Yerzhan Shaikenov, was sentenced to 10 years in prison for theft, Tengrinews.kz correspondent reports. The press service of the Almaty City Court reported that 14 defendants were sentenced in the case of illegal use and theft of bank money, one of them was the former chairman of Tengri Bank … Read more

ANP Students at a Primary School in Pijnacker-Nootdorp Accumulate Large Savings, Raising Concerns over Education Funding

ANP Students at a Primary School in Pijnacker-Nootdorp Accumulate Large Savings, Raising Concerns over Education Funding

ANP students at a primary school in Pijnacker-Nootdorp NOS Nieuws•vandaag, 12:14 The call for extra money for education is great, but the savings pots of school boards continue to grow. Primary and secondary schools have a total of 8 billion euros in the bank, it is calculated Follow the Money. According to Follow the Money, … Read more

Record Number of Mortgage Payoffs in 2023 as Interest Rates Rise

Record Number of Mortgage Payoffs in 2023 as Interest Rates Rise

One of the happiest economic moments for a family is the day when a mortgage is paid off. Stopping having your home pending a loan guarantees peace of mind for household accounts. You can get there either by complying with the schedule set in the contract or by having reaped some savings and having repaid … Read more