Benefits of Joint Accounts for Couples: The Importance of Financial Communication and Transparency

2023-09-12 21:22:46 Various data suggests that couples benefit from completely merging their finances, particularly with joint accounts, but young people are increasingly moving away from the practice, and many financial experts advise against it. (Photo: The Canadian Press) Life as a couple is above all a question of sharing, but when it comes to finances, … Read more

How a Belgian Fruit Merchant Lost €5,000 to a Phone Scam: A Cautionary Tale

2023-09-11 17:40:00 Bjorn De Schoenmaeker, a 36-year-old Belgian from Puurs-Sint-Amands, Flanders, and a fruit merchant by profession, was the victim of a scam last week. In the columns of Nieuwsblad, he explains how a scammer managed to have him transfer 5,000 euros by telephone. “I’m not the naive type, I always check our accounts very … Read more

Islamic Banking in Uganda: Financial Inclusion for Religious Believers

2023-09-11 11:18:00 (Ecofin Agency) – While 14% of Ugandans are Muslim, Islamic banking products could contribute to the financial inclusion of people who shun conventional banks for reasons linked to their religious beliefs. The Ugandan Central Bank announced, in a press release published Friday September 8, the granting of an Islamic banking license to the … Read more

Assessing Prime Minister Giorgia Meloni’s Impact on Italian Industry and International Investors

2023-09-03 11:47:18 Largely absent from the mini-Davos of the elite of Italian industry on the shores of Lake Como, Prime Minister Giorgia Meloni has nevertheless been able to appease a large part of the local employers, but is struggling to convince international investors. A clear majority (69%) of the big bosses gathered in Cernobbio for … Read more

Maximizing Returns: Investing in One-Year State Bonds vs Savings Accounts – Uncovering the Resentment of Customers Towards Banks

2023-08-29 21:53:00 The panic of the counters on the side of the subscriptions of the one-year State note reveals much more the resentment of the customers with regard to their banks than the real interest for this type of investment. Let’s be good accounts, the state note has a relative interest. Given the extent of … Read more

New Development Bank raises 1.5 billion rand for infrastructure and sustainable development projects in South Africa

2023-08-20 08:28:00 (Ecofin Agency) – The funds raised through the issue arranged by Standard Bank Group and Absa Group will be used to finance infrastructure and sustainable development projects in South Africa. The New Development Bank (NDB), a development bank founded by member countries of the BRICS group (Brazil, Russia, India, China and South Africa), … Read more

Belgian Banks Cut 10% of Cash Withdrawal Points: Find the Best ATMs in Your Area

2023-08-16 15:45:00 Last year, Belgian banks again cut more than 10% of cash withdrawal points, L’Echo and De Tijd report on Friday. More than 350 ATMs disappeared in one year. By Sudinfo with Belga Published on 04/08/2023 at 07:14 In March, the federal government concluded an agreement with the financial sector, intended to maintain the … Read more

Italian Banking Crisis: Government Imposes 40% Superprofits Tax on Banks

2023-08-08 20:28:22 The securities of Italian banks plunged on the Milan Stock Exchange on Tuesday, after the decision of the government of Giorgia Meloni to levy a 40% tax on their “superprofits” generated by the rise in interest rates. Around 3:30 p.m., all banking shares fell: Intesa Sanpaolo lost 8%, Unicredit 6.5%, Monte dei Paschi … Read more