Exceptional Growth in Bank Credit Supply in Togo in 2022: A Comparative Analysis with West African Countries

2023-07-14 15:39:00 (Togo First) – In 2022, Togo saw the highest annual growth in bank credit supply, the amount of credit offered by the country’s financial institutions to potential borrowers. Over the period, the supply recorded in the country far exceeded that of the other members of the West African Economic and Monetary Union (UEMOA). … Read more

Real Estate Loan Decline: A Look into the Future and Potential Recovery

2023-07-11 10:55:25 By Le Figaro with AFP Posted 2 hours ago, Just Updated In the second quarter, the “production” of these credits collapsed by 40.8% compared to the same period of 2022. wichayada / stock.adobe.com The fall in the amount of real estate loans granted has increased in recent months but their amount could start … Read more

Top Credit Cards for Saving Money on Vacations

2023-07-01 09:54:43 Vacations can be expensive, but some credit cards can cut the bill, as long as you meet the eligibility criteria. The National Bank’s Word Elite Mastercard credit card is by far the most generous on the market for travellers, according to Jean-Maximilien Voisine, founding president of Milesopedia, a site that offers different types … Read more

The Impact of Rising Mortgage Rates on the Real Estate Market: Challenges and Consequences

2023-06-16 13:03:46 On June 16, 2023, by Paolo Garoscio Faced with the constant rise in mortgage rates, professionals in the sector and future borrowers are faced with a major challenge. This trend, which could see rates exceed 5% in 2024, could considerably slow down the real estate market. An inevitable rise in mortgage rates The … Read more

credit guarantees increased to 31 billion DA in 2022

2023-06-03 17:30:00 ALGIERS – The Guarantee Fund for SME investment credits (CGCI PME) granted guarantees in 2022, excluding the agricultural sector, for more than 31 billion dinars (DA billion) of loans, against 20 billion DA in 2021, indicated the director general of this institution, Samir Medjkane. “For the 2022 financial year, the fund guaranteed 505 … Read more

Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari

2023-05-23 16:09:21 Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin Gadkari. Speaking at a CareEdge Ratings event in Delhi, he said the present surety bond offering has found no takers and tweaks are in the works. “It took … Read more

“The Latest on Commercial Real Estate: Risks and Market Trends in Stockholm and Beyond”

2023-05-12 18:02:49 Construction site in Stockholm The Swedish real estate market is coming under pressure. (Foto: Bloomberg/Getty Images) Frankfurt/Stockholm Anyone who asks supervisors and bankers these days about the biggest risks to financial stability will often get one answer: commercial real estate. Rising interest rates are driving up financing costs, while at the same time the … Read more

Everything you need to know about interest rates and inflation

2023-05-04 15:51:00 The European Central Bank (ECB) decided this Thursday to raise key interest rates by 25 basis points, a slowdown compared to previous increases. However, it remains an aggravation and a signal for the markets. What is the cost to households and businesses? Have the Euribor already incorporated this increase? What are the ECB’s … Read more