Real Estate: Increased demand for office space – The role of banks – 2024-08-25 03:45:00

Real Estate: Increased demand for office space – The role of banks
 – 2024-08-25 03:45:00

European office space leasing increased by 9% in the second quarter compared to a year earlier, partly due to the strengthening of the financial and insurance sectors as well as returns to work. Finance-related businesses and banks captured the largest share of leasing activity in the first half of 2024, accounting for 25% of take-up … Read more

Traditional banks on track to become “neobanks”: experts

Traditional banks on track to become “neobanks”: experts

Mexico City. In the Mexican financial system, both banks and non-banking institutions dedicated to offering credit and savings products to consumers have embarked on a race to become the so-called neobanks, entities that are characterized by having all their operations through digital channels, said sector specialists. These types of institutions have brought a “social gain” … Read more

Banks under pressure after Elon Musk’s acquisition of Twitter

Banks under pressure after Elon Musk’s acquisition of Twitter

X’s situation has not improved since Musk’s acquisition. The new owner’s controversial decisions, such as waves of layoffs and reduced content moderation, have caused a massive flight of advertisers. Major brands like Coca-Cola and Apple have pulled their ads from the platform, a significant loss considering that ad revenue was X’s primary source of income … Read more

Aluminum extruders have joined forces to call for anti-dumping measures against China

Aluminum extruders have joined forces to call for anti-dumping measures against China

The Colombian industry has amplified its complaints this year about dumping practices from China. The steel sector, for example, has pointed to unfair competition of between 35% and 40% in the sale of raw materials and now a new Colombian production sector has joined the complaints: aluminum extruders. Alumina, Aluica and Alucol, three companies that … Read more

Epetrol received a guarantee for an international loan for US$ 250 million

Epetrol received a guarantee for an international loan for US$ 250 million

The state energy company Epetrol announced this Wednesday approval from the Ministry of Finance to contract a new international loan of up to US$ 250 million. The operation, according to statement on the Superfinanciera website, He will be with the Japanese Banking Company Sumitomo Mitsui and will be there for five years. “The resources from … Read more

Arab Mills for Food Products announces the prospect of offering 15.4 million shares on the main market

Arab Mills for Food Products announces the prospect of offering 15.4 million shares on the main market

opinions {{getCommentCount()}} {{comment.FollowersCount}} {{comment.CommenterComments}} {{comment.ElapsedTime}} Sorry: The time allowed to comment on this news has expired The views expressed in the comments express the views of the authors and not the view of the Arqaam Finance Portal. Comments that include insulting people or insulting people or country will be deleted. We remind visitors that this … Read more

Interest rates for fixed-rate mortgages have been falling for weeks

Interest rates for fixed-rate mortgages have been falling for weeks

Interest rates for fixed-rate mortgages are once again well below 2 percent. A year ago, things were different: they were above 3 percent. Interest rates for fixed-rate mortgages are falling again well below 2 percent. (Symbolic image) – keystone For the past few weeks, Swiss long-term interest rates have only known one direction: downwards. Ten-year … Read more

The Banks’ Plan for Cheap Home Loans – ‘My Home’ Key – 2024-08-20 13:13:43

The Banks’ Plan for Cheap Home Loans – ‘My Home’ Key
 – 2024-08-20 13:13:43

The acceleration of credit expansion rates in retail banking is a central bet of credit institutions for the coming years. After a 15-year straight decline in mortgage balances, their managements estimate that from 2025 the trends will reverse, offering an additional source of interest income, as to date the bulk of new loan production has … Read more