banks

Second National Horizontal Property Convention: Hipal Takes Center Stage as Leading Sponsor and Panelist

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Second National Horizontal Property Convention: Hipal Takes Center Stage as Leading Sponsor and Panelist

Recently, the Second National Horizontal Property Convention was held. The event, aimed at the community of residential co-ownership managers in the main cities of the country; and which brought together close to 200 attendees in person, had the proptech, Hipal, as one of its main sponsors and panelists. 2023-08-14 05:11:16 #National #Horizontal #Property #Convention #held … Read more

The Rise of Popular Music in Colombia: Fairs, Festivals, and Concerts Take Center Stage

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The Rise of Popular Music in Colombia: Fairs, Festivals, and Concerts Take Center Stage

Fairs, festivals, concerts box office hits, genre-specific stations and many, many playlists, is what popular music has achieved, not only in Colombia, but throughout the world. The ground has been won by hand with its artists who in the country have increases in their reproductions of up to 500% in the last year, according to … Read more

The Fintech Shake-Up in Latin America: Winners and Losers

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The Fintech Shake-Up in Latin America: Winners and Losers

The figures sound almost implausible. As Brazilian consumers fall behind in paying their debts, they shake a number of fintech startups In the largest economy in Latin America, a company continues to grow. Nu Holdings Ltd. has built enough customers—more than 85 million and counting—to rank among the largest financial companies in Latin America. The … Read more

German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

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German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

office building Prices, especially for office and retail properties, continued to fall in the second quarter, albeit not as quickly as at the beginning of the year. (Photo: dpa) München The German real estate banks are struggling with increasing loan defaults and are preparing for a longer dry spell. The crisis on the real estate … Read more

Interest Rates Too High: Examining the Immorality of Loans

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Interest Rates Too High: Examining the Immorality of Loans

Interest rates too high When is a loan immoral? A guest contribution by Roland Klaus 08/10/2023, 07:00 a.m Consumer credit and mortgage lending can be viewed as usury if they are too expensive. Then there is the possibility of reclaiming excessive interest or commissions. The current judgments show that. One bank in particular attracted negative … Read more

Insurance Companies in Colombia: A Look at the Sector’s Growth and Contribution to the Economy

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Insurance Companies in Colombia: A Look at the Sector’s Growth and Contribution to the Economy

Insurance companies meet this week in Cartagena for the union congress. Gustavo Morales Cobo, president of Fasecolda explained the situation in the sector. What have Colombians insured themselves with? What are the most active branches? The ones that are growing the most are the automotive, engineering, which is the one that protects all machinery, constructions … Read more

The Rise of Mixed Mortgages: How They Work and Why They’re Gaining Popularity

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The Rise of Mixed Mortgages: How They Work and Why They’re Gaining Popularity

Before the rise in interest ratesin recent months there has been a return of the mixed mortgages. The offer of these credits disappeared from banking entities in 2016, when the euribor was positioned in negative values. Unknown to many and with the benchmark most used in mortgages above 3%, its contracting accounted for more than … Read more