The bank has 20,000 million in loans in the area affected by DANA that it can absorb without problems

The bank has 20,000 million in loans in the area affected by DANA that it can absorb without problems

The Bank of Spain has calculated the exposure of the entire Spanish financial sector to the areas affected by DANA. That is, how many loans, credits and mortgages they have in the affected territories. A figure that reaches 20,000 million euros. How to request aid for those affected by DANA in Valencia That is the … Read more

FP Markets receives three major awards at the first Annual Finance Magnates Awards Gala

FP Markets receives three major awards at the first Annual Finance Magnates Awards Gala

Sydney (OTS) – The broker established in Australia FP Markets further cemented its position as a market leader and was recognized as “Most Trusted Broker – Global”, “Broker of the Year – Asia” and “Fastest Growing Broker – LATAM” at the first Annual Financial Magnates Awards Gala (FMAA). An event was held on Wednesday 23 … Read more

Banks digest the fall in rates and accelerate the cut in deposit remuneration

Banks digest the fall in rates and accelerate the cut in deposit remuneration

The main photo left by the results of the large listed banks suggests that the sector is managing to weather the storm of rate cuts by the European Central Bank (ECB) in a much more comfortable way than expected. Contrary to the dismal omens that the sector’s main executives anticipated at the beginning of the … Read more

TripFactory and NexusDMC parent ORN Ventures receives $50 million in Series A funding from Global Corporate

FP Markets receives three major awards at the first Annual Finance Magnates Awards Gala

TripFactory, a leading global travel platform with a strong presence in India, has raised $50 million in Series A funding from a prominent international group headquartered in India. This investment values ​​the company at half a billion dollars. Founded by Vinay Gupta and a team of experienced entrepreneurs including Amit Aggarwal, Varun Gupta, Deepak Khurana, … Read more

The fixed mortgage begins its comeback: could it have overtaken the mixed mortgage in 2025?

The fixed mortgage begins its comeback: could it have overtaken the mixed mortgage in 2025?

The European Central Bank (ECB) has reduced interest rates three times official this year (in June, September and October) and the Euribor has dropped almost a point and a half between its value recorded in January and the one that, for now, it accumulates in October 2024. But how are these movements affecting the Spanish … Read more

Ascenda is changing the economics of financial institutions with a new loyalty-as-a-service offering

Ascenda is changing the economics of financial institutions with a new loyalty-as-a-service offering

New York (OTS) – Ascenda, the world’s most connected rewards ecosystem, today announced the launch of its new Loyalty-as-a-Service offering. The innovative model challenges established business norms and optimizes business outcomes for financial institutions through effortless access to scalable, ambitious award offerings that deliver superior results . For decades, companies that offer technology and content … Read more