Bancamiga closes 2023 with the satisfaction generated by having achieved the highest levels of efficiency, profitability and growth in our new but solid history. The consolidation of the bank and its sustainable growth placed it – in the last two years – as the fifth financial force in the private…
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profitability
Banplus climbs the No. 6 position in Loan Portfolios at the end of the 2023 first semester
Banplus Banco Universal, is a financial institution with 16 years in the Venezuelan market, which under its premise of "making the country" maintains support for its clients through the granting of credits, as well as the support of…
Deutsche Bank earns more than a billion euros
Deutsche Bank started 2022 with rising net profit, which rose to 1.06 billion euros ($1.1 billion) in the first quarter, Germany's largest financial institution announced.
The result is 17 % more than the 908 million dollars obtained in…
Americans invest in cryptocurrencies
A survey conducted by The State of Consumer Banking & Payments to 2,200 people determined the increase in the investment of Americans in cryptocurrencies as one of the preferred investment alternatives compared to traditional media.…
OECD countries sign a minimum 15 % tax agreement for multinational companies
An agreement between 136 countries establishes a global minimum tax of 15 % for multinational companies from 2023. This is a historic alliance that has been led, for 10 years, by the Organization for Economic Cooperation and Development…
Caixabank and Bankia join forces to create the largest bank in Spain
Caixabank (MC: CABK) and Bankia (MC: BKIA) join forces to merge their assets into what will be the largest bank in number of assets in Spain, with the aim of gaining ground in the financial market based on efficiency and profitability in…
Argentina will invest in cryptocurrencies to strengthen savings
In a recent announcement issued by Paxful, the main and safest of the P2P markets, it was learned that the South American nation will invest in digital assets better known as cryptocurrencies in order to further value savings.
The economic…
Bancamiga was ranked in the top ten of the most profitable banks in the first half of 2020
Bancamiga Banco Universal was located in the top ten of the most profitable banks in the first semester, among which entities such as Banesco, Banco del Sur, Banco de Venezuela, Banco Provincial, Banco Nacional de Crédito, Banco Mercantil…
OHL seeks to invoice 4,000 million euros in the association with Amodio
OHL aspires to return to profitability and profit, since its income reaches the level of 4,000 million euros as the main medium-term objectives in the "new stage" that it undertakes after the entry of Mexican entrepreneurs Luis and Mauricio…
Telefónica in Latin America reduced its income to 8.4 %
Telefónica Hispam, the division of the telecommunications company that groups its business in America except in the Brazilian market, in the first quarter of 2020 placed its income at 2,204 million, 8.4 % less than the 2,407 listed in 2019.…
Ford announces cut of 7,000 jobs
Ford Motor Co is in a process of restructuring that includes a reduction of 7,000 jobs in its global structure. Jim Hackett, CEO of Ford, broke the news to his employees via email.
The layoffs represent 10% of their general workforce in…
Bankia will close 25 branches in April
Bankia is one of the main banking groups in Spain. Recently, it announced that it plans to close at least 25 branches in different cities of the country in early April.
The closing of the physical agencies is foreseen as a measure before…