A document reported today, Monday, that Dubai Islamic Bank, the largest Islamic bank in the UAE, has assigned banks to arrange the sale of five-year sukuk denominated in US dollars. The document issued by one of the banks participating in the process showed that it is scheduled to work on arranging calls with investors starting … Read more
The 12-month Euribor, the most used indicator in Spain to calculate mortgage payments, is heading in January to its first rise after two months, and is expected to close this month at -0.478%, higher or less negative than -0.502% in December, which will entail a small increase in the mortgage. On the last day of … Read more
The last episode aired on January 5. That day the most recent decision of the Supreme Court on the abusive clauses of mortgages was known. With a ruling dated December 15, the High Court once again agreed with the banks regarding the validity of the agreements signed between entities and clients, in which the latter … Read more
Original title: In 2021, my country’s foreign exchange receipts and payments will stabilize, and banks will show a “double surplus” in foreign exchange settlement and sales On January 21, the State Council Information Office held a press conference in Beijing, inviting Wang Chunying, deputy director of the State Administration of Foreign Exchange and spokesperson, to … Read more
New public slap on the wrist Nadia Calvin to the banks. As she did last spring with the salaries and wages of senior executives, the economic vice president wanted to make her discomfort with the sector due to the deterioration of the service it provides to elderly people, which has worsened in recent months as … Read more
Inflation has jumped among the main concerns of American business leaders, according to a survey published Thursday, while the future number 2 of the central bank confirmed that the institution was in the process of refining its weapons, ready to act. “I am very concerned about the high level of inflation,” said Lael Brainard, the … Read more
(Ecofin Agency) – In order to carry out its “Dynamique 2025” business plan, the BGFIBank group is reorganizing its Central African department. The banking group BGFIBank has just carried out a reorganization of its central African management, informs a press release from the bank, made public, Monday, January 10. Thus, the Gabonese Huguette Oyini (photo) … Read more
The Moroccan economy is expected to accelerate by just 3.2% this year. The forecast is from the World Bank in its World Economic Outlook report. The Bretton Woods institution indicates that this level of performance is the result of a slowdown in agricultural production. For 2023, the World Organization expects growth of 3.5%. It thus … Read more