Banks will grant credit moratoria

The companies most affected by the crisis can request a deferral of loan repayments. Faced with the harshness of the health crisis, the end of which we do not see, the banks are emerging from the systems that proved their worth last spring. Thursday evening, they pledged to offer again to the companies most affected … Read more

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Spanish banks lead Europe in troubled refinanced loans

EXPANSION The sector accumulates an exposure of 40,700 million. Experts warn of a potential pool of additional bad debt. Spanish banks have 40,740 million euros in loans considered problematic and that had been refinanced or restructured on their balance sheets. This is reflected in the latest supervisory statistics of the European Central Bank (ECB) c … Read more

Lukashenko orients banks on substantiated loans for the real economy

Pawel Kallaur and Alexander Lukashenko MINSK, January 15 (BelTA) – Belarusian President Alexander Lukashenko is orienting the banks towards lending for the real economy. But there must be a reasonable balance sheet and there must be no unsubstantiated loans. He said this when he received the report from the chairman of the National Bank, Pawel … Read more

Johnson Faces Leadership Threat Without UK Blockade Exit Plan

UK Prime Minister Boris Johnson faces a threat to his leadership from conservative lawmakers demanding a clear plan to emerge from an economically damaging third pandemic lockdown. Steve Baker, a senior member of Parliament, said in a letter to his Conservative colleagues that a lockdown that lasted until the spring could be “a disaster.” He … Read more

Differences between revolving loans and credit cards and who is better for each

Lina Vargas Vega – [email protected] Regardless of the situation, people always want to travel. For those who do not have all the money, experts recommend two options: credit cards or revolving loans, both products are a quota of a financial institution to be used when and for what the client wants. However, they do have … Read more

Futures in the red, pending from Covid, Biden and banks By

© Reuters. By Sara Busquets – We wake up for one more day – the last of this week – and we do it mostly bearish, concerned again about the evolution of Covid-19 around the world and while we digest the new measures announced by Joe Biden, who will take office from the White … Read more

Uber and banks negotiate commissions for operations from the UK after Brexit

The European bank has moved token after the effective exit of the United Kingdom from the European Union. Several financial entities have modified the classification of the country that governs Boris Johnson and, since last January 1, the usual commissions for extra-community operations have been applied to movements with origin or destination in banks in … Read more

YPF began the negotiation of its debt in a climate of tension with the banks

Negotiations between YPF and its creditors began this Tuesday in a climate of tension with the banks. Many creditors do not agree with the changes proposed by Affronti, the CEO of the oil company, to the bonds. In fact, in a statement, the Ad Hoc Committee of YPF creditors described the proposal as “hostile”. The … Read more

Difficult relationship: media: Deutsche Bank wants to end cooperation with Trump – news

Nevertheless, the institute continued to lend him money afterwards, with the influential New York banker Rosemary Vrablic being the key figure here. She left Deutsche Bank at the end of last year. When the US media reported in mid-2019 that he was generally in a difficult position with banks, Trump rejected this as wrong and … Read more