How to Lower Your Loan Insurance Rates by Half: Understanding the Lagarde Law and Your Options for External Insurance

How to Lower Your Loan Insurance Rates by Half: Understanding the Lagarde Law and Your Options for External Insurance

Since the Lagarde law in 2010, it is possible to choose a loan insurance offer different from that offered by the bank. By opting for insurance external to your bank, the rates can be half as high. In the event of termination agreement, your initial insurer has 10 working days to modify the loan contract … Read more

Uganda: AfDB grants $252 million loan for rural transport

Uganda: AfDB grants $252 million loan for rural transport

(AFRICAN DEVELOPMENT BANK) – The Board of Directors of the African Development Bank Group approved, on 1is December 2023, in Abidjan, the granting of a loan of 252.83 million US dollars to Uganda, to finance the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi roads. The financial support consists of two loans: one of $179.68 million from … Read more

Millions of Savers at Risk: Life Insurance and PER Money in Jeopardy

Millions of Savers at Risk: Life Insurance and PER Money in Jeopardy

© Millions of savers can lose their life insurance or PER money, those affected Show summary Hide summary It’s difficult to navigate between all the financial product offerings when you want to save. Despite its success, this popular investment remains risky for some savers. We’ll explain it to you. The different options for savers When … Read more

Burundian Bank BCB Seeks $20 Million Loan to Support SMEs

Burundian Bank BCB Seeks $20 Million Loan to Support SMEs

(Ecofin Agency) – The project, awaiting approval, aims to support the Bank’s lending operations to Burundian micro, small and medium-sized enterprises. The financial institution whose largest shareholder is the Bank of Africa is exposed to SMEs in commerce, services, hotels and public works. Banque de Crédit de Bujumbura (BCB), the third largest bank in Burundi … Read more