Banco do Brasil registers a R$ 3.6 billion write-off from a single company and sees delinquency rise
Banco do Brasil announced a R$ 3.6 billion write-off by one company, leading to an increased delinquency rate.
Universal Credit update as DWP confirms protections for those at-risk during process
The UK Department for Work and Pensions is implementing protections for individuals at risk during the migration to the Universal Credit system as six legacy benefits are phased out.
Master, BRB, your audits and rating agencies
In October 2024, many financial market participants received information revealing risky business practices by Bank Master, despite warnings from financial authorities.
Grzelczak, BIK: Credibility is key in finance
SΕawomir Grzelczak discusses the importance of credit and economic data in assessing payment risk for both consumers and businesses in a CFO Excellence Awards podcast.
Agusto & Co. upgrades Coronation Asset Management to A
Credit rating agency Agusto & Co. has upgraded Coronation Asset Management's rating to A due to significant improvements in risk management practices and overall operational infrastructure.
There is dollars, what there is not is currency
The article discusses Argentina's financial context, where a decrease in country risk has allowed access to international capital markets, but emphasizes that external issues remain unresolved despite improved credit conditions.
Govt securities dominate 11% of banksβ assets
Government securities now represent approximately 11% of total assets held by Nigerian banks, reflecting a trend towards lower-risk investments amid a historically constrained credit environment.
The Bank of Spain may prohibit consumer loans if it detects a serious risk to the consumer
The Bank of Spain will gain authority to intervene in the credit market, including the power to prohibit consumer loans if serious risks to consumers are identified.
Super Return: Is a Credit Leverage Risky?
The article discusses the risks and opportunities associated with credit leverage and how the right strategy can enhance wealth creation while minimizing risks.