Abu Dhabi – Live: RAKBANK announced its highest semi-annual profit ever, amounting to 901 million dirhams, an increase of 71% compared to the first half of 2022, while total revenue increased year-on-year by 42% to 2.2 billion dirhams. Customer deposits rose to 49 billion dirhams, an increase of 19% year-on-year, with the share of current … Read more
One of the purposes that Coomeva is to support its associates and their families to achieve various goals, including guaranteeing access to education. That’s the reason why Coomeva and Bancoomeva They activated the “credits with a purpose” strategy, oriented towards two objectives: acquiring their own home and financing for education. “Education is the main engine … Read more
Reading is a habit that Colombians do not have as developed compared to the rest of the world, because according to the World Atlas ranking, the country that reads the most is India with 10.7 hours, while Colombia does not reach four hours. However, learning in these fields such as economics is essential in times … Read more
Malik Salameh – Mubasher: UAE financial market indices rose at the end of trading today, Monday, amid investors’ expectations that the US Federal Reserve will stop raising interest rates during its meeting this week. According to the data of the UAE financial markets, the Abu Dhabi Stock Exchange achieved profits amounting to 25 billion dirhams, … Read more
Riyadh – Mubasher: The preliminary financial results of the Saudi Tadawul Group Holding Company “Tadawul Group” revealed that it recorded a decline in its net profits during the second quarter of 2023 by 23.6%, on an annual basis, while its net profits increased on a quarterly basis by 16%. The company stated, according to a … Read more
The summit of 18 July between consumer associations and Alessandro Santoliquidonominated by Ivass as Commissioner for the extraordinary management of Eurovita (read the related news here)substantially reiterated what IVASS has already illustrated on the agreement concluded on 30 June last. It can be read in a note by add published on the site adiconsum.it, in … Read more
AvtoVAZ decided to rename RN Bank, which previously belonged to the Renault-Nissan alliance that left Russia. Now the credit institution will be called Auto Finance Bank. In addition, AvtoVAZ terminated the powers of all current members of the Board of Directors ahead of schedule and elected its new composition, reports Interfax with reference to the … Read more
The content of the article Show Hide Thanks to the investment boom that began in Russia in 2021, many have learned how the market economy works, what the stock exchange is, who issues shares, and what a broker is for. The simplest definitions and terms have come into use and almost no longer raise questions. … Read more
Innsbruck/Vienna (OTS) – In particular, the variable interest rates for housing loans rose by around 0.5 percentage points over the second quarter of 2023, in line with two further interest rate hikes by the ECB. In a year-on-year comparison, the nominal increase was almost 3.8 percentage points and the effective monthly rate for a real … Read more
“The period of rising interest rates has undeniably created challenges, however, we see that our customers treat their obligations responsibly. We are also pleased by the fact that, since the rapid rise in interest rates, more and more customers have been interested in the possibility of depositing their free funds in time deposits, as well … Read more