Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported an 11.8 percent rise in fourth-quarter net profit on Tuesday, helped by a drop in expenses and lower impairment charges. The bank made a net profit of 2.56 billion riyals ($683 million) in the three months to Dec.
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Knight joins from Mariana UFP, where he led the tax-efficient investments sales team, creating the company's first enterprise investment scheme and business relief funds. Before this, Knight worked for three years as a business development manager at Octopus Investments, responsible for the London
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Price Wealth Management Inc. acquired a new stake in Vanguard International Equity Index Funds (NASDAQ:VNQI) in the 4th quarter, according to its … HL Financial Services LLC now owns 13,638 shares of the company's stock valued at $810,000 after buying an additional 1,136 shares during the
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She gave a blunt warning on commercial real estate in central London, telling lawmakers that prices there were âvery fully valued, to say the leastâ, and should be a âwake-up callâ. Stheeman is a former chief operating officer for divisions of Morgan Stanley and real estate company Jones Lang LaSalle.
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Stop dreaming. Start living. Whether you're looking for your first home mortgage, or making home improvements, looking to finance a new car, or ready to start a personal project, Summit Community Bank can help make those dreams a reality. Borrow with confidence knowing Summit is by your side,
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[RIYADH Saudi Arabia plans to spend US$32 billion on subsidised home loans for borrowers, as it seeks to create conditions for an expanded private-sector role in a mortgage market dominated by the government. The kingdom's new housing program, announced on Monday, also includes an 18
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A new ranking gauging competition in U.S. housing markets revealed that 8 out of the 10 most competitive markets were on the West Coast, with Denver and Honolulu as the exceptions. San Francisco ranked number one. Using three metrics — the share of homebuyers shopping for a mortgage before
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That means the combined cable channels trail only Amazon.com Inc. and Walmart Inc. among companies selling products in multiple categories. Wall Street has noticed, with shares of QVC Group, which includes QVC and smaller retail brands, soaring 51 percent in the past year. The company is owned
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The IndAS — based on the IFRS9 standards created in the aftermath of the financial crisis — would require banks to make provisions for expected bad loans instead of the current system where they only cover actual losses incurred. CLSA estimates that would almost double stressed advances, boost
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The U.S. is facing a renewal of great power competition that requires its military to present âcredibleâ options to civilian leaders that can be acted upon, the Air Force chief of staff said. Speaking to reporters Tuesday on the sidelines of the Singapore Air Show, General David L. Goldfein didn't mention any
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Mortgage credit availability increased in January, rising 2.1% to a score of 182.9 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
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Union Finance Minister Arun Jaitley recently tabled the annual budget 2018 in the parliament, opening new vistas for various technology based lending options. Expressing his views in this regard, Manu Sreekanta, Marketing Manager at Kuliza, shared some crucial insights on âHow new-age technology
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Demographics like age, gender, race, income need to be considered while deciding to invest in a property as it is one of the leading factors in determining the prices for the real estate. A demographic shift can hugely affect the real estate trends, and hence its impact needs to be weighed and considered
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No customer-facing jobs in the bank's branches will be impacted. Lloyds says it will create 465 roles in the future and staff involved in the consultation will have the opportunity to apply for the positions. The affected employees were briefed at the end of January and have been told they will be redeployed
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Daily NK reports an interesting trend on the Pyongyang real estate market (or is it a countrywide phenomenon?) of construction companies selling apartment units before construction is finished, requiring what to me sounds like a regular deposit. First construction companies require the equivalent of
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The Australian financial system is uncompetitive, allowing banks and insurers to boost profits by exploiting loyal customers and adding up to $87 a month to the average mortgage repayment. That is the conclusion of the Productivity Commission's highly critical draft report into the sector, which finds it is
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In this survey covering 4,270 adults across 14 metropolitan markets, 15 percent of respondents said they either sold their home or did not buy one last year because of concerns about how restrictive immigration policies or proposals would affect them. Nine percent of respondents said they sold their
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The most popular U.S. game show is back! The 'Wheel of Fortune' is more exciting than ever and offers us joy, tension, fun, cash and cars! Because 'Whoever spins… wins!'. Presented by Petros Polihronidis. Featuring Julia Nova.
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The 55+ HMI hit 71 in the fourth quarter, up 12 points from the third quarter. This is the highest reading since the HMI was launched 10 years ago. All three index components of the 55+ single-family HMI posted increases from the previous quarter: Present sales increased 14 points to a new high of 79,
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More than 900 jobs are under threat at Lloyds banking Group â which has its Lloyds TSB Mortgages centre in Gloucestershire – according to reports. It is believed the affected staff were told at the end of January with the bank planning to re-deploy staff wherever possible. Lloyds confirmed it would be
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