Mortgage Approvals Soar in Czech Republic, Reaching New Heights in April

Mortgage Approvals Soar in Czech Republic, Reaching New Heights in April

In line with Hypomonitor information from the Czech Banking Affiliation, banks and constructing societies supplied mortgages to households within the quantity of CZK 21.9 billion in April. Due to this fact, the variety of mortgages granted elevated by 20.4 % in comparison with March this 12 months. After taking conventional seasonality under consideration, based on … Read more

Colchones Dormiluna to Unveil New Picture and Buyer Expertise on Could 15: Development Aim of 15%

Colchones Dormiluna to Unveil New Picture and Buyer Expertise on Could 15: Development Aim of 15%

Colchones Dormiluna begins a course of to alter its picture and remodel the expertise it presents to its prospects. The brand new idea shall be introduced on Could 15 in its 37 retailer that can open in Cajicá. In an interview with Portafolio, Daniel Rivera, model supervisor, explains the transformation plan and divulges that this … Read more

Banks Struggle with Credit Crunch and Lower Growth Amid High Inflation and Interest Rates

Banks Struggle with Credit Crunch and Lower Growth Amid High Inflation and Interest Rates

Environment of high inflation y interest ratesas well as the economic slowdown has created a credit crunchas well as a lower growth in loans, but in addition it has had different effects for the organizations that provide them, especially the banks. Against this background, the figures show that the user folderwhich in February 2023 was … Read more

Decline in Demand for Low Interest Pension Bank Loans Sparks Heated Discussions in Agricultural Sector

Decline in Demand for Low Interest Pension Bank Loans Sparks Heated Discussions in Agricultural Sector

The fall in demand from farmers for low interest pension bank loans continues to cause heated discussions. The development bank had provided low-interest program loans worth 1.6 billion euros in the agricultural development sector. In the previous year it was 2 billion euros. The Federal Ministry of Agriculture (BMEL) rejects criticism of agricultural policy. Rentenbank … Read more

Colsubsidio’s Great Credit and Insurance Fair Offers Special Deals and Discounts for Affiliates

Colsubsidio’s Great Credit and Insurance Fair Offers Special Deals and Discounts for Affiliates

The box of compensation Colsubsidio will hold a Great Credit and Insurance Fair this weekend, May 4 and 5, at its headquarters in El Cubo, in Bogotá. This two day trip It is aimed at affiliates and offers different interest rates which comes from 0.99% NMV for portfolio purchases. The offer that members will have … Read more

Banco Provincia Relaunches Personal Loans for Non-CENDEU Individuals: Eligibility, Features, and Application Process

Banco Provincia Relaunches Personal Loans for Non-CENDEU Individuals: Eligibility, Features, and Application Process

In an effort to promote financial inclusion and offer favorable credit conditions, the Banking sector relaunch its line personal loans. This opportunity is specially designed for those who are not registered in the Principal Debtors of the Central Bank of the Argentine Republic (CENDEU). Who is eligible for the loan? Eligibility to access this particular … Read more

René Benko Under Investigation for Fraud and Money Laundering: Austrian Justice System Investigating Signa Group Founder

René Benko Under Investigation for Fraud and Money Laundering: Austrian Justice System Investigating Signa Group Founder

The Austrian justice system is investigating the founder of the bankrupt Signa Group, René Benko. Investigations were going on against them Signa Group, founded by Benko and another person, said the Economic and Corruption Public Prosecutor’s Office (WKStA). This is about suspicion Fraud “Due to the perception of vulnerability when extending bank loans,” said a … Read more

Argentina Economy: Private Sector Credit Falls Amid Crisis and Rising Defaults – First Quarter Analysis

Argentina Economy: Private Sector Credit Falls Amid Crisis and Rising Defaults – First Quarter Analysis

In an economy in crisis, with default levels rising and fewer and fewer pesos on the street, credit to the private sector continues to fall. During the first quarter of the year, the stock of financing to the private sector grew only 20.3%, well below the inflation of the period, which will be around 50%. … Read more

Confindustria Study Center: Italy’s Growth Slows in 2024, Industry ‘Convalescent’

Confindustria Study Center: Italy’s Growth Slows in 2024, Industry ‘Convalescent’

The Confindustria study center sees “Italy’s growth slowed at the beginning of 2024”. In the monthly ‘flash’ economic analysis of the via dell’Astronomia economists “the Italian economy is supported by low inflation, increasing family confidence and growing services, while industry seems to be stabilising. However, there are various negative factors : the brake on trade … Read more