Mubasher: Oil prices fell sharply today, Monday, amid anticipation of the Federal Reserve meeting later this week. US oil futures fell by more than 4% to $67.39 a barrel. This comes at a time when Goldman Sachs has lowered its forecast for the price of oil again this year, with increasing supplies and fears of … Read more
Comic Con Colombia began on Friday, an event for all fans of comics, dramatic art, series and pop culture. For four days, Corferias is filled with celebrities such as Carlos Villagrán, the Mexican actor who played ‘Kiko’ in ‘El Chavo del 8′ or Evanna Lynch, actress and model remembered for her role as ‘Luna Lovegood’ … Read more
Abu Dhabi – Mubasher: The Emirates Central Bank’s possession of gold increased to 17.413 billion dirhams at the end of last March, from 15.910 billion dirhams By the end of February 2023, an increase of 1.503 billion dirhams. The Emirates Central Bank’s possession of gold increased by 38 percent at the end of last March, … Read more
Financial institutions have a new interest ceiling. The Financial Superintendency of Colombia (SFC) announced that for June the usury rate, that is, the ceiling on the rates that banks can charge for credit cards will be 44.64% effective per year. This data represents a decrease of 77 basis points compared to last May. Arnoldo Casas, … Read more
Savers are entitled to a ‘fair’ payment on their savings accounts. If not, the banks could be in danger of losing the trump card of the loyal Belgian savings public. The deputy governor of the National Bank (NBB), Steven Vanackere, warned of this on Wednesday. The government has asked the National Bank for advice on … Read more
NOS / Yvonne Witte NOS News•today, 11:48 The chance of a slight economic recession in the near future has increased, but this does not pose a threat to financial stability. The financial position of the majority of households, businesses and banks is in good order, according to the Central Planning Bureau (CPB) in the annual … Read more
car financing The terms of car loans are often the same as those of general installment loans. (Photo: dpa) Köln Cars are expensive. In 2022, 27 percent of all used cars and even 47 percent of all new cars were financed through loans or leasing, according to a survey by the market research institute Ipsos. … Read more
Scotiabank Colpatria reported that a long-term loan that had been assigned to ETB was successfully transformed, for $524,000 million in November 2022, “into financing linked to sustainability indicators.” As explained by the lender, the debt substitution operation will allow ETB to improve its debt profile by meeting two sustainability indicators. “On the one hand, to … Read more
Febelfin rejects a mandatory increase in savings interest. The banking federation is also reluctant to respond to the letter from Minister Vincent Van Peteghem (CD&V) that interest rates must be raised. Febelfin, the federation of the banks, reacts negatively to the warning from Minister of Finance Vincent Van Peteghem that interest rates on savings must … Read more
Abu Dhabi – Mubasher: The balance sheet of the UAE Central Bank exceeded 560 billion dirhams at the end of last February, to record the highest level in its history. The UAE Central stated that its balance sheet rose during the month of February, on a monthly basis, by 0.8 percent, to reach 564.25 billion … Read more