The French major bank Crédit Agricole is launching in Germany and is pursuing an aggressive strategy to attract German savers and challenge local banks. #CréditAgricole #Banking #Finanzen (translated)
The post shared a Bloomberg headline saying credit swaps for technology companies had reached record levels amid supply fears. https://t.co/wW80iG3Wys https://t.co/QzK6s6umva #CreditSwaps #TechIndustry #Finance #US
The old Tupperware factory in Constância was sold for 4 million euros to a cutlery company in Leiria, allowing for the payment of about 50% of the workers' credits, after an insolvency process that left the company with debts exceeding 31 million in Portugal. #Insolvência #Emprego #Tupperware (translated)
The Portuguese government announced the creation of a line of credit for municipalities to urbanize land for the construction of houses, aiming to expedite housing supply and respond to the housing crisis in the country. #Habitação #Urbanismo #Orçamento2027 (translated)
Dale Play Live announced an event for December 11 at the River Plate Stadium and invited the public to attend to see their favorite rock band. The producer indicated that the exclusive presale for BBVA Visa cards would begin on Monday, November 2 at 2 PM and that general sales would start on Tuesday, November 3, also at 2 PM. In both stages, it noted, tickets could be paid for in six interest-free installments with BBVA Visa credit cards. It also described the event as the "sixth River." #Rock #RiverPlate #Concierto (translated)
The liquidation committee of the Portuguese Private Bank (BPP) began the payment of about 80 million euros to 400 common creditors, corresponding to 8.4% of the recognized credits, after resolving a legal dispute that delayed the payments. #BPP #Credores #Liquidação (translated)
Spain has denied the rumors claiming that it has given millions of euros to Morocco, Uzbekistan, and Egypt to improve their trains, clarifying that these are conditional repayable credits for purchases from Spanish companies. #España #Trasportes #Bulos (translated)
The rise of the Euribor in October could increase the monthly payments on home loans by up to 90 euros, especially for contracts indexed to the 12-month rate, resulting in a monthly payment of 736.33 euros. #CréditoÀHabitação #Euribor #TaxasDeJuro (translated)
Cerfia indicated that Crédit Agricole would grant a salary increase of between 2.2% and 3.7% to all 77,000 employees of its regional banks. https://t.co/eTXY3LHKJU #CréditAgricole #Salaires #Augmentation (translated)
Thames Water creditors to decide on new £2.4bn loan. If agreed, it could add £40 to each household bill. Previously TW secured £3.4bn at 9.75% interest rate. One-third of customer bill covers debt costs. Lenders eye ballout, higher bills to make money.
Banco Sabadell obtained a profit of 1.376 billion euros by September, 1% less than the previous year, affected by the sale of its British subsidiary TSB, although credit investment grew by 4% and consumer credit stood out with a 12.7% increase. #BancoSabadell #Finanzas #Banca (translated)
BBVA obtained an attributed profit of 9.066 million euros until September, 13.6% more than the previous year, driven by an increase in interest and commission income, as well as a notable growth in lending activity. #BBVA #Banca #Beneficios (translated)
The author shared a Bloomberg headline reporting that Japan’s credit risk had risen by the most since 2022, putting pressure on the bond market. https://t.co/5MZ5zadl82 https://t.co/8voaLvcfO0 #Japan #CreditRisk #BondMarket #JP
Pablo Espinosa San Mauro wrote that Liverpool had qualified for the quarter-finals of the League Cup after eliminating Chelsea on penalties. According to the author, Iraola was continuing to gain credit at Anfield and Manchester City was the only rival in the competition against whom he would not start as the favorite. He also stated that Xabi Alonso faced a decisive match against Manchester United on Saturday and that any result other than a victory at Stamford Bridge could trigger a first wave of major criticism. Espinosa San Mauro noted that Alonso's management of substitutions was once again in question: Estevao had not played and Quenda, who started on Saturday against Tottenham, had also not stepped onto the field. He added that he did not understand Estevao's absence. #LiverpoolFC #CopaDeLaLiga #ChelseaFC (translated)
The author wrote that a visit to Jamaica a few months earlier had shown the recovery from Hurricane Melissa, with fishers back at sea and roads cleared. They credited Jamaicans and partners who supported UNDP Jamaica for the progress made one year after the hurricane. #PartnersAtCore #Jamaica #HurricaneRecovery #Resilience #JM
Millennium BCP is intensifying its efforts to provide credit for the construction of moderately priced housing and to support housing cooperatives, in response to the housing affordability crisis in Portugal, as stated by Miguel Maya, president of the bank. #BCP #Habitação #CréditoImobiliário (translated)
Twenty defendants have been accused by the Public Prosecutor's Office of tax fraud and frustration of tax credits, through a scheme of fictitious invoicing that resulted in property advantages exceeding eight million euros, in the context of activities in the timber trade between 2017 and 2022. #FraudeFiscal #MinistérioPúblico #Justiça (translated)
Tesco are making £4bn a year in profit. About 50% of their staff are on Universal Credit. Why don't we crackdown on this unneeded benefit for billionaires?
Santander Portugal reported a profit of 663.8 million euros in the first nine months of 2026, a decrease of 8.8% compared to the previous year, attributed to costs related to early retirements and modernization of the branches. #Santander #Economia #CréditoÀHabitação (translated)
The author shared a Bloomberg report saying the ECB had reported that banks tightened credit conditions and saw loan demand fall. https://t.co/ud3fkKpieW https://t.co/tvv3QJoaoX #BCE #Banques #Crédit #EU
