Banorte expects higher loan delinquencies due to pandemic

Banorte expects higher loan delinquencies due to pandemic

Due to the rebound in COVID-19 cases in Mexico, which has led to the closure of some economic activities, Financial group Banorte It reserved two billion pesos in preventive estimates to face a possible deterioration in its loan portfolio in the next 12 months. “The behavior of the portfolio in the support programs has been … Read more

Government – Dresden – Kretschmer wants cash drop after the pandemic policy

Government – Dresden – Kretschmer wants cash drop after the pandemic policy

Home Political Germany trip Dresden January 4, 2021, 6:08 am Government – Dresden:Kretschmer wants a cash drop after the pandemic Open detailed view—Michael Kretschmer (CDU) stands in his study. Photo: Robert Michael / dpa-Zentralbild / dpa / archive image (Photo: dpa) — Directly from the dpa news channel Dresden (dpa / sn) – According to … Read more

The world upside down from the subzero economy | Markets

The world upside down from the subzero economy |  Markets

In a year in which, at one point, a third of humanity was locked up at home, having certain categories of assets trading negative is little more than a footnote. But a note that turns a large part of the mantras learned by economics students over decades: goods cost money and it is preferable to … Read more

Corporate bonds: banks expect a slump in issuance during 2021

Corporate bonds: banks expect a slump in issuance during 2021

Bankers are expecting a steep drop in corporate fundraising in 2021, after a record lending binge in 2020, which helped companies survive the coronavirus crisis. Global bond issuance increased nearly a quarter to $ 5.35 trillion in the year to December 22 compared to the same period in 2019. The total easily surpassed the annual … Read more

The country renegotiated its bonds and relied on the International Monetary Fund

The country renegotiated its bonds and relied on the International Monetary Fund

Ante la drop of oil revenue and tributaries of 2020, which raised the fiscal gap to USD 8 billion, the Treasury sought renegotiate the debt in bonds to have less short-term payment pressures. According to the former Minister of Finance, Richard Martínez, this decision also helped to open more sources of financing for him Ecuador. … Read more

Wait for the day to rot or change the game. Exit “Shrimp” on the battlefield of COVID-19

Wait for the day to rot or change the game. Exit “Shrimp” on the battlefield of COVID-19

Will wait for the rotting day or will turn the crisis to an online solution “foodThai Sea –shrimp“AmongCOVID-19 Seafood especially shrimp Became the hostile thing at this time for Thai people Because the cause of the spread of the virusCOVID-19 From the shrimp market in Mahachai, Samut Sakhon Province, it became the trigger for people … Read more

Who Owe IDR 75.3 T to the State and Has Not Paid It?

Who Owe IDR 75.3 T to the State and Has Not Paid It?

Jakarta, CNBC Indonesia – The Directorate General of State Assets (DJKN) said the government has receivables of IDR 75.3 trillion that have not been collected and executed. Director of State Receivables and Other State Assets of the Ministry of Finance, Lukman Efendi, explained that the total receivables amounting to Rp 75.3 trillion is the total … Read more

Corona loans: XXL coalition wants to fight MV shadow budget

Corona loans: XXL coalition wants to fight MV shadow budget

That went quickly: two days after the exclusive reporting by Nordkurier about a possible shadow budget of the MV state government, politicians reacted – and promised transparency. Schwerin. The internal paper of the state audit office, in which a possible shadow budget of the state government fed from corona emergency loans is criticized, has led … Read more