Business Loan Applications Decrease in Last Quarter, Superfinanciera Report Shows

Business Loan Applications Decrease in Last Quarter, Superfinanciera Report Shows

In the last quarter, the level of business loan applications has recorded a decrease compared to the same period of the previous year. This indicator is calculated through the average monthly growth of the volume of commercial credit applications over three months.. According to the Superfinanciera, between September 2022 and February 2023, a total of … Read more

Clearwater Analytics named IFRS 9 Solution Provider of the Year for the second year in a row

Clearwater Analytics named IFRS 9 Solution Provider of the Year for the second year in a row

Boise, Idaho (ots/PRNewswire) – The Insurance Fund Risk Awards recognize Clearwater’s excellence in IFRS 9 solutions Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting and analytics solutions, today announced that it has been named an IFRS 9 Solution Provider of the Year for the second year in a row. This … Read more

Proposals to Force Banks to Raise Savings Interest Rates

Proposals to Force Banks to Raise Savings Interest Rates

The Voice Test © Fred Debrock It worries many savers: although the banks are making huge profits, they are barely raising interest on savings accounts. Most political parties want to force the banks to raise interest rates, according to De Votetest, although one party is against it. The banks made billions in profits last year. … Read more

The law will guarantee the availability of ATMs throughout Latvia

The law will guarantee the availability of ATMs throughout Latvia

Such an obligation will exist as a minimum until the ATM is installed by another significant credit institution and the significant credit institution, which does not have its own ATM in the relevant territory, ensures that its customers can also receive cash withdrawal services at the relevant ATM under equivalent conditions. The number of ATMs … Read more

BNP Paribas Acquires 9% Stake in Ageas from Fosun: Implications and Future Outlook

BNP Paribas Acquires 9% Stake in Ageas from Fosun: Implications and Future Outlook

BNP Paribas has acquired a package of approximately 9 percent in the share capital of Ageas from the Chinese group Fosun. Fosun is experiencing financial problems and has been looking for a buyer for its shares for some time. It now found it in BNP Paribas, which already owns a quarter of AG Insurance, the … Read more

The Growing Rivalry between Disney and Universal in Florida: How Universal’s Epic Universe Threatens Disney World’s Revenue

The Growing Rivalry between Disney and Universal in Florida: How Universal’s Epic Universe Threatens Disney World’s Revenue

The Wall Street Journal highlighted the growing rivalry between Disney and Universal in Florida, where the latter company is expanding its presence with the opening of the Epic Universe theme park. This new park, with iconic characters such as Harry Potter, Mario Bros or Donkey Kong, represents a direct threat to Disney World, located less … Read more

Chinese banks are making life difficult for Russian companies

Chinese banks are making life difficult for Russian companies

Money transactions Chinese banks are increasingly refusing Russian transactions for fear of becoming the target of US sanctions. During his visit to Beijing this week, Sergei Lavrov, Russia’s Foreign Minister, met with Chinese President Xi. This was interpreted as yet another proof that ties between China and Russia are closer than ever and that the … Read more

Customers of one of the largest Hungarian banks could not access their money with their cards

Customers of one of the largest Hungarian banks could not access their money with their cards

Business Talks ’24 Business conference Don’t miss the year of your business conference! TICKET PURCHASE Get it your ticket now. Several of our readers have informed us that there is a problem with CIB Bank’s bank cards, i.e. the bank’s customers cannot pay or withdraw money with them. Some customers also reported similar things on … Read more

It’s official: Banco Galicia bought HSBC in Argentina for US$550 million

It’s official: Banco Galicia bought HSBC in Argentina for US$550 million

In this news HSBC will sell its business in Argentina for US$550 million to Grupo Financiero Galicia and Banco Galicia, which will become the first private financial entity in the country and the second in size behind Banco Nación, as reported to the markets. this morning The operation includes the sale of all HSBC Argentina … Read more

Banks Refuse to Monitor Gambling Behavior on Mobile Phones Despite Government Pressure

Banks Refuse to Monitor Gambling Behavior on Mobile Phones Despite Government Pressure

NOSGamble on mobile phone NOS Nieuws•vandaag, 06:50 Nik Wouters editor Economics Nik Wouters editor Economics Dutch banks will not help the government to set a gambling limit for customers. They want to protect the privacy of customers and do not want to monitor their gambling behavior. Minister Weerwind of Legal Protection had promised the House … Read more