Housing and population increases go hand in hand as younger generations become the majority in the home buyers' market. No longer is the overly congested city lifestyle and its limited housing market on the wishlist for these younger buyers who seek convenience, accessibility and affordability as the
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Despite Central Bank of Nigeria's (CBN) effort to promote financial inclusion,Nigerian banks lost over 2 million customers between 2016 and 2017. According to statistics from the Nigeria Inter-Bank Settlement System (NIBSS), the number of active bank accounts also reduced by 1.5 million, dropping
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Tech companies and banks are turning to mobile for micro lending, cashing in on the unbanked to push products and services. Barclays Bank of Kenya Loading… this month launched its Timiza, offering loans between Sh100 and Sh150,000. This comes barely a fortnight after tech firm Opera piloted its
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China's parliament is to name US-educated economist Yi Gang as the country's new central bank chief, ensuring policy continuity as Beijing moves aggressively to control risk in its financial system. Mr Yi, who has served as deputy governor of the People's Bank of China since 2008 will replace governor
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All our deliveries are sourced from our warehouses now,â Albinder Dhindsa, co-founder and chief executive officer, Grofers told Fortune India. The change in the business model appears to have worked as Grofers has successfully managed to regain the faith of its investors. Last week, SoftBank Group
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Energy company Paz Oil Company Ltd. (TASE:PZOL) is reporting to the Tel Aviv Stock Exchange (TASE) in detail for the first time about the real estate that it owns, and the amount of unused space held by the company. Paz is planning on selling and improving its real estate over the coming five years,
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Concorde got financing for its acquisition of Dellagio Town Center in the form of a $28 million senior mortgage loan from Citi Global Markets and a $5 million mezzanine loan from Morrison Street Capital. Delray Beach-based Dockerty Romer & Co., a commercial mortgage banking firm, arranged the
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Amalgamated Bank now owns 14,964 shares of the medical research company's stock worth $705,000 after buying an additional 845 shares during the period. American International Group Inc. increased its stake in EXACT Sciences by 1.5% during the 4th quarter. American International Group Inc.
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The stock of Etracs Monthly Pay 2xleveraged Mortgage Reit Etn (NYSEARCA:MORL) registered a decrease of 14.51% in short interest. MORL's total short interest was 778,900 shares in March as published by FINRA. Its down 14.51% from 911,100 shares, reported previously. With 495,500 shares
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Nasdaq Dubai has welcomed the listing of a $1.25 billion Sukuk by the Islamic Development Bank (IDB), Nasdaq Dubai announced on Sunday. The listing marks the ninth Sukuk by IDB on the exchange, with a total value of $11.5 billion, making the bank one of the largest Sukuk issuers on Nasdaq
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Despite Central Bank of Nigeria's (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017. The statistics obtained by the News Agency of Nigeria (NAN) from the
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Interest rates are very influential in our financial lives, so it's smart to keep an eye on them. In particular, interest rates influence how much house we can afford to buy. If you think you've missed the boat in getting a great mortgage deal because rates are on the rise, think again. There's still time to snag a
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Dr Al Hashemi said there should be more awareness when it comes to the digital forms of payment, which include the likes of Bitcoin and Ripple. By Lubna Hamdan. Sun 18 Mar 2018 12:41 PM. Governments cannot turn a blind eye to cryptocurrencies, according to the managing director of
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Seriously though, in our offices, associates are never responsible for telling a customer where to send money; it's also in our contract. That's done only by our title company or closing agent, verbally or through secured emails, and we drum that into every associate and communicate with every customer.
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German Chancellor Angela Merkel is intensifying efforts to thwart a trade war with the U.S., sending a close ally to Washington for critical talks aimed at defusing a tit-for-tat on tariffs that could undermine the European country's export-driven economy. Peter Altmaier, Germany's economy minister and a
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TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) Director Richard A. Higginbotham acquired 10,000 shares of TPG Specialty Lending stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of $18.32 per share, for a total transaction of
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Digitisation of core financial and banking processes in the Middle East and North Africa has gathered noticeable momentum in recent years, and can no longer be termed as a passing phase, according to a recent report. The UAE is now leading the pack regionally with an impressive 16.4 % in digital
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Automatic execution of actions that are also binding and irrevocable at the same time â a combination that made the financial world listen up. Derivatives trading, loan, and mortgage contracts and financing are potential applications that can be handled by Smart Contracts on the blockchain and that are
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Jamaican realty company La Maison Property Services Limited has become a franchisee of an American operation called Better Homes and Gardens Real Estate LLC and has rebranded under the new name. La Maison's name change to Better Homes and Gardens Real Estate Jamaica Limited was
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Tripura CM asked for building banking infrastructure. Agartala, Mar 18 (UNI) Tripura Chief Minister Biplab Kumar Deb today urged the banks operating in the state to build a solid banking infrastructure to support increasing trade related activities for entrepreneurship development in 124th meeting of
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