Posts Tagged ‘Banking’

Borrowers to get fact sheet on loans costs

Home borrowers will be given a one-page fact sheet outlining their monthly mortgage repayments, under new banking reforms. View full post on All Stories

Osborne: UK will help Ireland through debt crisis

Chancellor vows to help restore stability to Ireland’s banking system as European finance ministers gather for crunch meeting – Ireland bailout live blog: follow the latest here George Osborne pledged that Britain would support Ireland’s attempts to stabilise its banking system today, as experts from the International Monetary Fund, European Central Bank and EU prepared [...]

Bond market impact of Nigeria “bad bank” seen muted

Plans by Nigeria’s “bad bank” to issue bonds in tranches to absorb bad loans from the banking system will help limit the impact on the fledgling debt market but yields and interest rates could still rise. View full post on All Stories

Bulgaria Economy Forecast to Slip into Depression

The Bulgarian economy is bound to fall off an economic cliff and into a depression, which will last for several years, according to a leading Bulgarian financier and banking expert. Speaking in an interview for Klassa daily Emil Harsev said he is not as optimistic as Finance Minister Simeon Djankov, who claims this scenario can [...]

ANZ Bank’s profits soar by 69%

Australia & New Zealand Banking Group Ltd. has reported that profits soared to 69 percent as a number of its nonperforming loans dropped significantly. View full post on All Stories

Al Shabaab Bans Mobile Banking Service

Abdi Hajji Hussein – AHN News Correspondent Mogadishu, Somalia (AHN) – Al Qaeda-inspired group Al Shabaab on Sunday imposed a ban on Zaad Service, a mobile banking service recently launched by Hormuud, Golis and Telesom telecommunications companies in Somalia. Zaad allows customers to use their mobile phones for money transfers, purchases, payment of bills, and [...]

Collateral Management Tips

Have you ever wondered about collateral management or do you work with collateral management in your job? This article is designed to help you understand more about collateral management techniques and how to implement them more effectively. First, you need to understand that collateral is the items, or assets you are using to secure obligations [...]

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