The Growth of Fintech Peer to Peer Lending Exceeds Banking Credit: Deposit Insurance Agency (LPS)
Jakarta – The Deposit Insurance Agency (LPS) asked banks to be careful and not to underestimate the existence of online loans (pinjol). This is because the growth in fintech peer to peer (P2P) lending has exceeded the credit growth in the banking industry nationally. “Banks must take a look, what is small is allowed to […]
Foreign Investment in Bulgarian Real Estate: Russians Sell as Dutch Lead
Manager: Veselin Vasilev, email: [email protected] Editor:Katya Kassabova, email: [email protected] The comments under the articles are entered by the readers and the editors are not responsible for them! If you find a comment offensive to you, please report it to us! The trend of the native property market is quite interesting, the Dutch invested the most […]
Voluntary Retirement Soars Among Young Bank Employees Despite High Profits: Infostock Daily Report
This is the main news by media at this time on August 18, delivered by Infostock Daily. [인포스탁데일리=윤서연 기자] ▲ Even with the highest profits… Receive voluntary retirement until ’30s’ Banks have made the most profits in recent years, but paradoxically, in this boom, even young bank employees in their 30s are voluntarily packing their […]
Gold Prices Stabilize as Fed Hints at Continued Monetary Tightening Cycle – Market Update
Mubasher: Gold prices stabilized during trading today, Wednesday, supported by expectations that the Federal Reserve has not yet finished the monetary tightening cycle. And by 09:35 am GMT, gold settled in spot transactions at $ 1903.50 an ounce. US gold futures also settled at $1935.60 an ounce. As for other precious metals, spot silver rose […]
Shuaa Capital: Jassim Al Siddiqi’s Ownership Share Decreases to 21% after Private Deal
Dubai – Mubasher: Shuaa Capital announced that Jassim Al Siddiqi’s share has decreased to 21 percent of the company’s capital, which he indirectly owns. Shuaa indicated that this comes after he sold a share of 71.5 million shares through a private deal. The ownership of the former board member was around 25% before he announced […]
Drake & Scull International: Accumulated Losses Reach 5.261 Billion Dirhams
Dubai – Mubasher: Drake & Scull International said that the accumulated losses amounted to 5.261 billion dirhams, constituting 491 percent of its capital, amounting to 1.071 billion dirhams.The company stated in a statement that the main reasons that led to the accumulation of losses include existing works and contracts receivable in old projects in Oman, […]
European Stocks Recover from Week-Low, Retail and Healthcare Sectors Lead Gains
Mubasher: European stocks closed higher today, Monday, recovering from their lowest level in about a week, as gains in the retail trade and healthcare sectors outweighed losses in the mining and energy sectors, which were affected by concerns related to the real estate sector in China. The Stoxx 600 index closed up 0.2%, after falling […]
Tax Deductibility of Mortgage Interest for Owner-Occupied Properties in Switzerland
The mortgage for an owner-occupied property can generally be taxed in Switzerland. However, there are rules to be followed when it comes to finances. The mortgage for your own home is tax deductible in Switzerland. – Pixabay Ad the essentials in brief Mortgage interest is fully tax deductible. The amount of interest depends on the […]
The Dogger Bank: The World’s Largest Offshore Wind Farm with 13 MW Haliade-X Turbines
Photo: This is what the 13 MW Haliade-X turbine generator looks like The Dogger Bank park will be built and connected in 3 phases, A, B and C, and now an additional fourth phase is being discussed, Dogger Bank D. The phases already approved, however, which are now in the installation process, already have parameters […]
Rising Deposit Interest Rates and the Burden on Young Borrowers: Impact and Concerns
Reporter Kim Nam-yi, Money Today | 2023.08.13 09:29 Loan interest rates posted on the outer walls of banks in downtown Seoul. /Picture = Newsis With the reappearance of the 4% deposit interest rate at the central bank, money is flocking to time deposits. Last month alone, more than 12 trillion won of money in the […]