NosING CEO Ralph Hamers (right) in 2018 with Chairman of the Supervisory Board Jeroen van der Veer. NOS News•today, 13:21 Former ING CEO Ralph Hamers has been reprimanded for violating the code of conduct for bankers. The Appeals Committee Disciplinary Law Banks states that he violated that code because of the – later withdrawn – … Read more
Scotiabank Colpatria announced the reduction of the interest rates of Crédito Fácil Codensa to 20% annual cash for purchases made since April 1, with which it intends to benefit more than 40% of its Current customers. As explained by the entity, it corresponds to a reduction of more than 50% of the current rate and … Read more
EFinally the Austrian Raiffeisenbank International (RBI) is going on the offensive. The pressure from the public and the shareholders, which was built up primarily by Ukraine and most recently also by the European Central Bank, was too strong. The bank may part with its business in Russia. Now RBI boss Johann Strobl gave in to … Read more
Abu Dhabi – Mubasher: The total foreign assets of the UAE Central Bank exceeded half a trillion dirhams at the end of last January, for the first time in its history. Statistics issued by the UAE Central Bank indicated that the foreign assets of the Central Bank increased on a monthly basis by 1.34%, from … Read more
In the face of economic uncertainty and a slowing global economy, Bitcoin has broken another record, passing the $30,000 mark on the CNBC Daily Open. As the COVID-19 pandemic continues to ravage the world and governments struggle to contain its impact, many investors are turning to the decentralized digital currency as a way to hedge … Read more
Normal operations have resumed at the ports of Los Angeles and Long Beach as dockworkers returned to the container terminals for the afternoon shift on Friday. “It’s an opportunity,” said Alan McCorkle, CEO of Yusen Terminals LLC at the Port of Los Angeles. “The job is showing up.” The shortage of workers closed the container … Read more
In comparison, in February 2022, the rate for a similar loan was… 1.43%. This increase is due in particular to the very high inflation, and to the rise in rates practiced by the European Central Bank (ECB) in an attempt to calm the game on the financial markets. February 2023 is therefore the first month … Read more
In the midst of the crisis that air transport is going through in the country due to the suspension of airline flights Viva and Ultra, just a few days before the start of Holy Week, visit some of the best spa de Cundinamarca can be a great alternative to enjoy and relax during the holiday … Read more
After several banks decided to reduce the rate of interest of their cards, the Financial Superintendence of Colombia (SFC) created new modalities of certification of the Current Bank Interest (IBC) in credits for the development of any productive activity in urban or rural areas that are requested from April 1 to September 30, 2023. In … Read more
The banking sector stocks pressured the UAE market indices in March 2023, similar to the global markets that were affected by the collapse of the “Silicon Valley Bank”, which caused investor confusion. The Abu Dhabi market index fell on a monthly basis by 4.2% to the level of 9430.25 points, while the Dubai Financial Market … Read more