PPF is in trouble in Kazakhstan. The loan business and gold mining are at stake

“The priority is to ensure the safety and health of Bank Home Credit employees, which the PPF Group owns in Kazakhstan. We have news that everyone is fine. We continue to monitor the situation on a regular basis, “said Leoš Rousek, PPF Group Communications Director. The group, through its Kazakh bank, has been operating in […]

After merging with Air Bank, Moneta can benefit investors

According to Wall Street’s optimistic voices, the group’s growing emphasis on the Czech market and consumer business could earn tens of percent within a year and a day, also thanks to the impending increase in the shares of some major shareholders. “The success of the transaction may symbolize the gradual potential departure of PPF from […]

Stock and crypto bets save the Turks from poverty

“Domestic investors on the Turkish stock exchange are replacing foreign ones who are likely to withdraw from the country if the lira continues to lose. For local investors, shares are a way to defend against inflation, but it will not last forever, “explains Patria Finance economist Tomáš Vlk, adding that the resignation of foreign investors […]

Czech interest massacre. Until the end of the year, CNB rates can be doubled

“There is another meeting behind the door, and according to all signals, it seems that we will see another tightening, which will be all but standard, a quarter of a percent. The rise in rates by a whole percentage point should not surprise us, “says Conseq Investment Management analyst Martin Lobotka about the outcome of […]

The world is drowning in debt. The way out will not be easy

The world has completely fallen into the cult of debt, on all fronts. According to an September analysis by the Institute of International Finance, global debt, which includes liabilities to governments, businesses and households, rose to a record $ 296 trillion during the second quarter of this year. This is about a fifth more than […]

Tykač continues to increase its stake in Moneta Bank, approaching five percent

“We will refrain from any comments on the activities of our shareholders,” says Zuzana Filipová, spokeswoman for Moneta Monety Bank, about Belviport’s purchases. Tykač’s company went from zero to 4.33 percent this year, which corresponds to the current value at the threshold of two billion crowns. Economists have previously emphasized the two possible motivations of […]

More money for Monet. The bank’s shares rose sharply above PPF’s offer

“The longer it takes the PPF Group to start and possibly finalize new negotiations, the higher the price it will have to offer as part of the mandatory takeover bid,” says Cyrrus economist Tomáš Pfeiler. On June 22, Moneta’s shareholders rejected a key parameter of the merger with PPF’s banking division, after which a trio […]