Loan Covenants in Business Loan Agreements:- From a certain amount, the banks include in their loan agreements a certain number of commitments to be paid by the borrowing company. The latter will have an interest in becoming aware of these commitments and only accept those it believes to be able to respect in view of […]

Bank ATM Charges | Commission The latest changes made by banks in terms of the introduction and increases in bank ATM charges or bank ATM commission for withdrawing money from ATMs has alarmed customers. Although some bank had already implemented this practice, the news that the big bank was going to extend these costs has, […]

The European Central Bank, ECB or is responsible for the monetary policy of the European Union. It was founded on June 1, 1998 according to the Treaty of Amsterdam, establishing its headquarters in the German city of Frankfurt. At the moment its president is Mario Draghi, position that will bear, according to the mandate of […]

Cognitive Banking Definition One of the current challenges of banking is to improve the efficiency and agility of processes for the client. Cognitive banking and automation will be the key to defining future banking. The context in which the banks are is a state where margins are getting smaller, profitability is low and it is […]

In the banking & insurance sector, digital transformation is making two major changes. The first concerns the customer and user experience. Indeed, on the Internet, customers have access to a large amount of information on banking and insurance products. Before contacting an advisory, they realized between 50% and 70% of their purchasing process. Thus, the […]