2023-09-15 00:18:31 The average non-mortgage debt per consumer using credit activities increased to $21,131. (Photo: The Canadian Press) Toronto — Equifax Canada says credit card balances hit a record high of $107.4 billion in the second quarter of 2023, a sign that financial stress continues to mount in the face of inflation and rising interest … Read more
2023-09-08 20:52:17 Bonds should once again play a more important role in a well-diversified portfolio. (Photo: 123RF) The growth trend in financial assets over the past decade has been anchored in equity indices. At the same time, bonds appear to have lost their protective qualities and offer investors very little in the way of diversification. … Read more
2023-07-31 12:06:11 A female netizen was asked by her fiancé to borrow 800,000 yuan in credit for a wedding, leaving her at a loss as to what to do. (Schematic/Pixabay) A female netizen was asked to borrow 800,000 yuan in credit to organize a wedding. The reason is that the quasi-father-in-law believes that the family … Read more
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
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
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
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
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