Colombia’s Usury Rate Drops for June, but Interest Rate War Rages On for Credit Cards

Colombia’s Usury Rate Drops for June, but Interest Rate War Rages On for Credit Cards

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

Scotiabank Colpatria Helps ETB Achieve Sustainability Indicators through Debt Substitution Operation

Scotiabank Colpatria Helps ETB Achieve Sustainability Indicators through Debt Substitution Operation

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

3.7 billion tenge allocated for the development of non-agricultural businesses in Mangistau

3.7 billion tenge allocated for the development of non-agricultural businesses in Mangistau

Photo by the Center for Public Communications According to the speaker, 1 billion 540 thousand tenge was allocated for the Agribusiness program, 796,940 tenge for the Agrarian Credit program, 850,000 tenge for the Isker project, and 815 million for the Youth Microcredit program. tenge. To date, 1.8 billion tenge of these funds have been disbursed. … Read more

Young soldiers of the marine infantry brigade for the first time began firing from a combat machine

Young soldiers of the marine infantry brigade for the first time began firing from a combat machine

Photo by the Center for Public Communications More than 300 conscripts who arrived this spring for compulsory military service were sent to the Oymash training ground for the first live firing. The soldiers completed a course of theoretical training before practical exercises. There, the fighters studied the characteristics of firearms, the technique and features of … Read more

“La Dama de Negro Season 6: A Horror Production by La Tropa Theater Corporation”

“La Dama de Negro Season 6: A Horror Production by La Tropa Theater Corporation”

The Teatro Libre de Chapinero inaugurated this weekend the sixth season of La Dama de Negroa horror production by the La Tropa Theater Corporation, whose staging has been performed for 28 years in a row in Mexico and 29 in England. With Robinson Díaz and Rafael Perrín as protagonists, it has been well received by … Read more

Insurance Sector Grows 22% in Premiums Issued Despite Inflation and Macroeconomic Conditions: Fasecolda Report.

Insurance Sector Grows 22% in Premiums Issued Despite Inflation and Macroeconomic Conditions: Fasecolda Report.

Although inflation and macroeconomic conditions are not the most appropriate at this time for the insurance sector, in the last report that the Federation of Colombian Insurers (Fasecolda) presented, it made the balance of the union and They assured that for the first quarter they issued premiums for a total of $12.1 trillion, which meant … Read more

Chile’s Service Sales Indices Highlight Growth in Artistic and Recreational Activities

Chile’s Service Sales Indices Highlight Growth in Artistic and Recreational Activities

The eight Service Sales Indices marked increases, also highlighting Accommodation and Food Service (19.7%) and Real Estate (13.8%), according to information from the INE. He National Statistics Institute (INE) published the Services Sales Indices for March 2023highlighting the Sales of Artistic, Entertainment and Recreational Activities at current prices, which increased 44.2% year-on-year. As to Transport … Read more

The Winning Shoes of Marathon Champions: Behind the Technology that Propels Them

The Winning Shoes of Marathon Champions: Behind the Technology that Propels Them

As well as fans of Formula 1 They are aware of what is behind the teams that win each award, the runners do the same with the tennis shoes that shine in the most important marathons. After all, the winner will have achieved victory because of his physical condition but also because of the technology … Read more

Scotiabank Colpatria Lowers Interest Rates for Crédito Fácil Codensa Clients by Over 50%

Scotiabank Colpatria Lowers Interest Rates for Crédito Fácil Codensa Clients by Over 50%

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

Port of Los Angeles and Long Beach Back in Business After Shortage of Dockworkers

Port of Los Angeles and Long Beach Back in Business After Shortage of Dockworkers

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