When an approved mortgage is not enough. Hectic growth in construction costs is pushing people into new loans

When an approved mortgage is not enough.  Hectic growth in construction costs is pushing people into new loans

“Since the spring, we have been identifying dozens of clients every month who are consulting with us about the possibilities of further mortgage repayments in the context of rising building material prices, which makes construction significantly more expensive for them,” said Filip Hrubý, spokesman for Česká spořitelna. The problem of insufficient mortgage is solved in … Read more

Shares on the Prague Stock Exchange are quite cheap. Where will their price go?

Shares on the Prague Stock Exchange are quite cheap.  Where will their price go?

The ratio of the price of a title or index to the expected gains (P / E) at the one-year horizon speaks, among other things, about the expensive shares. In the case of the broad US index S&P 500, this number has long been moved between 13 and 15, but currently well above 20, even … Read more

CEZ has strengthened in telecommunications. He bought three internet providers

CEZ has strengthened in telecommunications.  He bought three internet providers

According to information from the financial statements for the previous year, the Group bought a 100% stake in FDLnet.CZ, ISP West and TaNET West. The company FDLnet.CZ provides services in the Frýdlant region, the other two companies (they had the same owners) operate in the Pilsen and Karlovy Vary regions. CEZ already manages 8,500-kilometer optical … Read more

Cold January shower for banks. Monthly profits fell to a 20-year low

Cold January shower for banks.  Monthly profits fell to a 20-year low

The sector last showed worse numbers at the start of the year in 2000, when it was in a two billion loss. This is a warning signal for this year’s bank gains, even though January is a business-specific month, experts agree. “Nobody expected this year’s lockdown in the autumn, and its impact will delay the … Read more

China Banking and Insurance Regulatory Commission: Commercial banks and cooperative institutions jointly contribute funds to grant loans, the proportion of capital contribution of partners shall not be less than 30%

Original title: China Banking and Insurance Regulatory Commission: Commercial banks and cooperative institutions jointly contribute funds to grant loans, the proportion of capital contribution of the partner shall not be less than 30% Recently, in order to promote the effective implementation of “businessbankthe InternetloanmanagementInterim Measures (hereinafter referred to as the “Measures”) to further regulate Internet … Read more

The year of the stock market pandemic: The flexible ones win, the giants fall, the amateurs grow stronger quickly

The year of the stock market pandemic: The flexible ones win, the giants fall, the amateurs grow stronger quickly

Shares on the Prague Stock Exchange have not yet wiped out losses caused by the pandemic. The Prague PX index still lacks four percent to values ​​before February 20, when the markets panicked. The Czech stock index reached its bottom last March 18, falling by 37 percent to 690 points. The current values ​​of around … Read more

Bank dance to accept deposit of commemorative banknotes – post today financial news – stocks

Bank dance to accept deposit of commemorative banknotes – post today financial news – stocks

The dance bank decides to deposit commemorative banknotes Date 03 Jan 2021 Time 18:13 – The Thai Bankers’ Association clarified If people want to exchange commemorative banknotes for regular circulation notes Can contact to exchange or deposit at any commercial bank branch. Mr. Phayong Sriwanich, President of the Thai Bankers’ Association Clarification in the case … Read more

Check each commercial bank Prepare reserves for the NACC for withdrawal for the New Year: PPTVHD36

Check each commercial bank  Prepare reserves for the NACC for withdrawal for the New Year: PPTVHD36

Commercial bank reserves the New Year 2021 down 5%. The BOT reaffirms the status of “commercial bank” that is still strong and able to handle the severe crisis Starting at Bank of Ayudhya (BAY) Informed that the bank has prepared a cash reserve of 15,240 million baht to support the withdrawal of customers and the … Read more

Km. Commercial Bank invites CP-Tesco to clarify this December 16

Km. Commercial Bank invites CP-Tesco to clarify this December 16

14 December 2020 – 13 – Trade boards prepare to disseminate the decision of CP and Lotus deals Later this week The CP still accepts or does not accept the order of the KKU while the KMUTN commercial Council of Representatives Prepare to invite CP-Tesco to clarify this December 16 Mr. Sakon Woranyuwatana, Chairman of … Read more

The industry is growing again after a year and a half, it is still immune to the pandemic. Builders, on the other hand, are suffering

The industry is growing again after a year and a half, it is still immune to the pandemic.  Builders, on the other hand, are suffering

Industrial production in the Czech Republic grew by 1.3 percent year on year in October. It thus grew for the first time since May 2019. Car production mainly contributed to this. This follows from data adjusted for the effect of the number of working days, which was published by the Czech Statistical Office (CSO) on … Read more