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
Live: European stock indices closed trading on Tuesday in decline, with the International Monetary Fund warning of a slowdown in the German economy. The Stoxx 600 index ended trading down 0.5% at 517.9 points. France’s CAC 40 index fell slightly by 0.7%, losing around 50 points, at 7,507 points. The German DAX index closed down … Read more
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
After a period of high inflation and interest rates, which reached their highest levels in recent years in the past two years, the real estate market has been anticipating the decline for months. In September, the Czech National Bank cut interest rates again by 25 basis points to 4.25 percent and are at their lowest … Read more
Masayoshi Son is the main character and director of the Japanese investment bank Softbank. He is not afraid to take risks, which bring his company billions in profits, but also losses. For example, he was one of the first to notice the potential of Alibaba, in which he invested millions as early as 2000. In … Read more
Jakarta – The Financial Services Authority (OJK) has opened up about the many people’s economic banks (BPR) that have collapsed. OJK Chief Banking Officer, Dian Ediana Rae, estimates that the number of closed BPRs could reach 20 banks. Until September 2024, the number of BPR/BPRS whose business licenses have been revoked will reach 15 banks. … Read more
After the ECB’s latest key interest rate cut, interest rates on installment loans have fallen to their lowest level since April 2023. Is a loan worth it now? After the key interest rate cut by the European Central Bank (ECB), the interest rates on installment loans are also falling. While interest rates in the first … Read more
Jakarta – The President Director of PT Bank Negara Indonesia (Persero) Tbk or BNI, Royke Tumilaar said that the COVID-19 pandemic and the era of high interest rates is over. Nevertheless, he warned that the global economy will continue to face VUCA conditions in the future (volatility, uncertainty, complexityand ambiguity). This abbreviation describes the global … Read more
In Germany, a severe disability does not automatically lead to the loss of account fees. Read here what exactly is important. According to the Federal Statistical Office, at the end of 2023 there were 7.9 million people living in Germany with severe disabilities – i.e. a degree of disability of at least 50. In this … Read more
Hello, I couldn’t find a suitable answer on the internet because the case is somewhat bizarre, and I would be very happy about your answers/tips. Thank you in advance. In 2019 the car was financed through the bank. The seller was a dealer. The loan from the bank has now been paid off and I … Read more