The Prime Minister announced the introduction of restrictions on consumer loans

The Prime Minister announced the introduction of restrictions on consumer loans

Prime Minister Alikhan Smailov announced the need to introduce restrictions on consumer loans and review rates on payday loans, Tengrinews.kz correspondent reports. At a government meeting, Alikhan Smailov reported that as of September 1, 2023, the total volume of consumer loans from banks amounted to 9.2 trillion tenge. “Some citizens, in order to close overdue … Read more

Understanding Mortgage Protection with Life Insurance

Understanding Mortgage Protection with Life Insurance

With the persistent rise of the Euribor, the mortgages They have become more expensive in the last 20 months. In this sense, the index review to which 3.7 million loans in Spain are linked translates into a increase in fees. In relation to the update this August, mortgage holders will pay on average 227 euros … Read more

Expectations for the 2023 Christmas Campaign: Financial Entities Anticipate Limited Growth in Loans

Expectations for the 2023 Christmas Campaign: Financial Entities Anticipate Limited Growth in Loans

Although financial entities have varied expectations regarding the 2023 Christmas campaign, none consider relevant growth in loans, but rather slight increases, maintenance or lesser advances compared to similar previous campaigns. He central business manager Cusco BoxWalter Rojas, projected that the 2023 Christmas campaign will be smaller than that of 2022, and loans to MSEs for … Read more

Warning: Unlicensed Company Labas Finance Poses as Fintech Provider, Bank of Lithuania Takes Action

Warning: Unlicensed Company Labas Finance Poses as Fintech Provider, Bank of Lithuania Takes Action

It is reported that the company advertises itself as providing other financial services – such as payment cards, payment accounts, insurance, etc. “We remind you that only licensed financial market participants have the right to provide financial services in Lithuania, and Labas Finance does not have the right to provide such services. The Bank of … Read more

Understanding Credit Evaluation: How Financial Institutions Assess Applicants

Understanding Credit Evaluation: How Financial Institutions Assess Applicants

When making a credit application to a financial institution It is essential to know in advance how these entities evaluate us. Knowing how finances work is a priority today, especially when investing. It is worth remembering that since 2012 There is no Risk Center in Ecuador. In its place is the Credit bureau, which “collects … Read more

German Companies Facing Difficulty in Obtaining Loans: Ifo Institute

German Companies Facing Difficulty in Obtaining Loans: Ifo Institute

As of: October 23, 2023 2:14 p.m German companies are finding it more difficult to get loans. According to the Ifo Institute, almost one in three companies reported banks’ reluctance in September. Monetary policy is apparently having an effect. Given higher interest rates and the weak economy, companies in Germany are currently having a much … Read more