Loans

Record 81% of Bank of America Mortgage Applications Initiated Through Digital Mortgage Experience

March 1, 2022

BANKS

British Reporter — Company Recognized in 2022 for Best Overall Mortgage Experience and as the Best Mortgage Lender for First-time Homebuyers. Rapid growth in consumer digital engagement contributed to substantial momentum in Bank of America’s home lending business over the last year. Home loan applications initiated through Bank of America’s Digital Mortgage Experience accounted for 81% of total mortgage applications in

NIB signs framework loan agreement for water infrastructure upgrades in Sweden

The FINANCIAL — NIB and the Swedish municipality of Strängnäs have signed

by The FINANCIAL

November 20, 2020

1 min read

How to Improve Your Credit Score to Secure a Small Business Loan

The Small Business Administration is a government agency that offers loans to

by The FINANCIAL

October 22, 2020

2 mins read

EBRD to finance municipal infrastructure modernisation in Bakuriani

The FINANCIAL — The population of Bakuriani, a city in the Borjomi municipality

by The FINANCIAL

July 29, 2020

1 min read

Georgia

Japan provided medical equipment worth $2.8 million to Georgia

The FINANCIAL — Ambassador Extraordinary and Plenipotentiary of Japan to Georgia, Mr. UEHARA Tadaharu and Minister of Finance of Georgia, Mr. Ivane Matchavariani signed the Exchange of Notes between Japan and Georgia, for provision of medical equipment to Georgia. Last 20 years, Japan

by The FINANCIAL

July 23, 2020

2 mins read

America

Bank of America’s Q2 profit plunged over 50%

The FINANCIAL — Bank of America reported its second-quarter 2020 financial results today. “It is the most tumultuous period since the Great Depression for Bank of America”, says its CEO Brian Moynihan. The fall in revenue and profit was broadly in line with other

by The FINANCIAL

July 16, 2020

2 mins read

Travel News

European Commission approves €3.4 billion KLM bailout

The FINANCIAL — The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM. As a result of the imposition of travel restrictions introduced

by The FINANCIAL

July 13, 2020

2 mins read

Personal finance

Majority of retail investors look for opportunities in the new market conditions, survey

The FINANCIAL -- Majority of investors surveyed by Mintos, one of the leading marketplace for investing in loans in Europe, have € 5 000 to € 25 000 invested on crowdlending platforms.A total of 65% of investors with investments across asset classes had

by The FINANCIAL

May 8, 2020

5 mins read

RealEstate

Mortgage rates to fall again after Fed‘s move to combat impacts from coronavirus

The FINANCIAL — Average 30-year mortgage lending rates for homebuyers with good credit have fallen from 4.46% in January of 2019 to 3.13% but rate is now back up around 3.65%. Mortgage rates are primed to fall again after the Federal Reserve’s

by The FINANCIAL

March 16, 2020

2 mins read

BANKS

Mintos Becomes European Market Leader Among Platforms for Investing in Loans With 40% Market Share

The leading European platform for investing in loans has experienced unprecedented growth in 2019: the company managed to take up 40% of the market share in the sector of investing in loans, tripled the amount invested through the platform by its users

by The FINANCIAL

January 30, 2020

1 min read