Romania Banks – Online Subtitrat http://onlinesubtitrat.biz/ Mon, 10 Jan 2022 11:50:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://onlinesubtitrat.biz/wp-content/uploads/2021/05/cropped-icon-32x32.png Romania Banks – Online Subtitrat http://onlinesubtitrat.biz/ 32 32 Romanian central bank improves its game https://onlinesubtitrat.biz/romanian-central-bank-improves-its-game/ Mon, 10 Jan 2022 08:10:22 +0000 https://onlinesubtitrat.biz/romanian-central-bank-improves-its-game/ Besides the cool winter air, the next few days will bring a series of inflation data and two monetary policy meetings in the EEC region. As inflation is well above target and fiscal consolidation progresses at a slow pace, we expect the Romanian central bank to accelerate its upward cycle and catch up with its […]]]>

Besides the cool winter air, the next few days will bring a series of inflation data and two monetary policy meetings in the EEC region. As inflation is well above target and fiscal consolidation progresses at a slow pace, we expect the Romanian central bank to accelerate its upward cycle and catch up with its peers in the ECO by raising its policy rate. 50bp to 2.25% today. It could also widen its rate corridor to 100bp, raising the rate on the credit facility to 3.25%. On the flip side, Thursday’s Serbian central bank meeting is expected to leave its policy rate unchanged at 1% as it focuses more on the repo rate for now. Inflation should have ended the year at a high level. Considering that a further moderate acceleration is expected in the Czech Republic, Serbia and Slovakia; Consumer price growth in Romania and Hungary probably slowed down at the end of the year. December CPI impressions in Romania and Hungary are expected at nearly 7.1% year-on-year, supported by government subsidies for natural gas and electricity prices in the former, and a government cap on fuel prices in the second. Serbian inflation could land at 7.6% year-on-year, just above its November value. Czech and Slovak inflation rates are expected to have reached 6.3% and 5.9% year-on-year, respectively, with further acceleration likely in the new year due to rising energy prices and potential upward risks associated with food prices. Additionally, we’ll see November industrial production prints for Romania, Slovenia, and Slovakia. These are expected to show a diversified path – Slovenia sticking to a strong pace of around 5% year-on-year, Slovakia showing moderate growth of 1% year-on-year and Romania improving its October performance but still registering a decline of 5.1% year-on-year. / y.

Evolution of the foreign exchange market

EEC currencies started the new year with a solid strengthening, supported by the stabilization of the US dollar and further tightening of monetary conditions by regional central banks. The Hungarian forint has strengthened 2.4% since the start of the year and has moved closer to 359 against the euro. The Czech koruna has appreciated 1.2% year-to-date, extending its gains after the December rate hike. The larger-than-expected rate hike by the Czech National Bank in December and hawkish market expectations pushed EURCZK to 24.50. While some market participants see the CNB raising the key rate to around 5%, we are more cautious and therefore expect a correction for the CZK. Despite another negative inflation surprise, the Polish zloty followed its regional peers and rose to 4.55 against the euro.

Evolution of the bond market

The CEE LCY curves have shifted considerably since the start of the year, with the 10-year rate increasing by 20-30bp in the Czech Republic, Hungary, Poland and Romania. Part of this development can be attributed to developments in the core market, with the German 10-year Bund rising towards -0.05%. Nevertheless, spreads against the 10-year Bund have widened sharply and are well above recent levels. In fact, in the Czech Republic, the spread vs the 10-year Bund has reached a new all-time high at 310bp. This week, two regional central banks will hold their rate-setting meetings. We expect the National Bank of Romania to align with its peers and hike the policy rate by 50bp to 2.25%, as well as expand the permanent facility corridor. The National Bank of Serbia should keep the key rate stable at 1.0%, as it controls market liquidity through repo operations; As long as the repo rate (at 0.5%) remains below the key rate, the SNB should remain on hold. Additionally, the Hungarian central bank is holding a no-rate meeting this week and changes to the interest rate corridor could be announced.

Download the complete EEC market analyzes


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PE giants KKR and PAG have reportedly shown interest in Apollo call center in India https://onlinesubtitrat.biz/pe-giants-kkr-and-pag-have-reportedly-shown-interest-in-apollo-call-center-in-india/ Sat, 08 Jan 2022 00:56:38 +0000 https://onlinesubtitrat.biz/pe-giants-kkr-and-pag-have-reportedly-shown-interest-in-apollo-call-center-in-india/ Private equity giants KKR & Co. and PAG, among others, have expressed interest in Indian call center company IGT Solutions (formerly known as InterGlobe Technologies), which is being sold by a branch of Apollo Global Management, according to a Bloomberg report. Apollo Global Management had bought the BPO and digital services company from Indigo Airlines […]]]>

Private equity giants KKR & Co. and PAG, among others, have expressed interest in Indian call center company IGT Solutions (formerly known as InterGlobe Technologies), which is being sold by a branch of Apollo Global Management, according to a Bloomberg report.

Apollo Global Management had bought the BPO and digital services company from Indigo Airlines owner InterGlobe Enterprises for around $ 230 million (roughly Rs 1,708 crore) at the start of 2019.

The transaction at the time was channeled through Aion Capital Partners, a joint venture between Apollo Global Management and ICICI Venture that ended in April 2020.

IGT Solutions is also said to have sparked initial interest from Mumbai-headquartered WNS Holdings Ltd, which provides BPO and outsourcing solutions to more than 200 companies around the world.

The deal amount could exceed $ 700 million, the Bloomberg report added, citing sources.

Founded in 1998, IGT Solutions provides integrated BPM, technology and digital services and solutions to clients across all industries.

According to information available on its website, IGT Solutions employs more than 15,000 workers in approximately 22 delivery centers located in India, Philippines, China, Malaysia, United Arab Emirates, Romania, Indonesia, Spain, in Colombia and the United States.

Discussions about IGT Solutions being on the block first surfaced late last year. According to a separate report by MoneyControl in December, Apollo Global Management had called on investment banks Barclays and JP Morgan to facilitate the transaction.

The BPO and IT sectors in India have seen quite a bit of transactions in recent months. Other companies that raised capital last year include CSS Corp and Hinduja Global Solutions.


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Countries making COVID-19 vaccines mandatory https://onlinesubtitrat.biz/countries-making-covid-19-vaccines-mandatory/ Thu, 06 Jan 2022 16:49:47 +0000 https://onlinesubtitrat.biz/countries-making-covid-19-vaccines-mandatory/ An increasing number of countries are also making injections compulsory for public servants and other workers. Here are the vaccine mandates of some countries, classified according to the categories of people affected: ADULTS AND / OR CHILDREN ** AUSTRIA: everyone over 14 from February 2022; recalcitrant can be fined up to 3,600 euros every 3 […]]]>

An increasing number of countries are also making injections compulsory for public servants and other workers.

Here are the vaccine mandates of some countries, classified according to the categories of people affected:

ADULTS AND / OR CHILDREN

** AUSTRIA: everyone over 14 from February 2022; recalcitrant can be fined up to 3,600 euros every 3 months

** COSTA RICA: only children over 5 years old

ADULTS

** ECUADOR: compulsory except for people with a relevant medical problem or incompatibility

** GERMANY: plans to make it compulsory for all adults from February

** INDONESIA: all adults, with fines or denial of social assistance or government services for unvaccinated

** ITALY: over 50s until June 15

** MICRONESIA: all adults

** TAJIKISTAN: all over 18 years old

** TURKMENISTAN: everyone over 18 years old

AGE

** CZECH REPUBLIC: over 60 from March

** GREECE: over 60 from January 16; recurring monthly fine of 100 euros for those who do not comply

** MALAYSIA: Over 60 years of age and all adults who have received the Sinovac vaccine should receive a booster dose by February 2.

** RUSSIA: over 60 and chronically ill in Saint Petersburg

GOVERNMENT EMPLOYEES, PUBLIC AND PRIVATE SECTOR WORKERS

** CANADA: all federally regulated workplaces as of early 2022

** COSTA RICA: all officials

** CROATIA: all public sector employees, citizens who need services in public institutions

** CZECH REPUBLIC: police, military and some other professions from March

** DENMARK: Workplaces are allowed to require a digital “corona pass” for employees

** EGYPT: Weekly COVID-19 vaccination or testing required of public sector employees to work in government buildings

** FIDJI: civil servants, employees of private companies

** FRANCE: public officials or employees, including civil security pilots, flight personnel providing support for victims, soldiers permanently assigned to civil security missions, firefighters

** GHANA: target groups including all public sector and health workers from January 22

** HUNGARY: employees of state institutions

** ITALY: all workers, school personnel, police, military

** LATVIA: compulsory for legislators to vote and receive their full salary; companies allowed to fire unvaccinated workers

** LEBANON: all officials and workers in the education, tourism and public transport sectors from January 10

** NEW ZEALAND: workers in the border, prison, police and defense sectors, as well as in the education sector

** OMAN: public or private sector employees for entry into the labor market

** PANAMA: vaccination or weekly screening for all public officials

** POLAND: teachers, security personnel and services in uniform from March 1, 2022

** RUSSIA: workers in public roles in Moscow;

** SAUDI ARABIA: public and private sector workers wishing to attend a workplace; people entering public, private or educational establishments

** TUNISIA: officials, employees and visitors accessing public and private administrations

** TURKEY: some sectors, including teachers and domestic travel workers

** UKRAINE: public sector employees including teachers, municipal employees https://bit.ly/3pXYGko

** UNITED STATES: all federal workers, contractors (temporarily barred from applying nationwide), private sector workers in companies with 100 or more employees (reinstated December 18), workers in the public sector (challenged in New York court)

HEALTH WORKERS

** AUSTRALIA: high-risk caregivers, employees of quarantine hotels

** GREAT BRITAIN: nursing home staff in England, health workers in England by April 1

** CROATIA: health and social workers

** CZECH REPUBLIC: employees of hospitals and nursing homes from March 2022

** FINLAND: plan to make vaccines compulsory for health and social workers

** FRANCE: nursing staff and EHPAD, home helpers and urgent care technicians

** GERMANY: workers in hospitals, medical practices and nursing homes by mid-March

** GREECE: EHPAD staff, nursing staff

** HUNGARY: health workers

** ITALY: health workers

** LEBANON: health sectors from January 10, 2022

** NEW ZEALAND: workers in the health and disability sector

** POLAND: health workers from March 1, 2022

** UKRAINE: state and municipal health workers https://bit.ly/3pXYGko

OTHER WORKERS

** Western Australia: employees in the mineral and oil and gas exploration industries

** CHINA: Booster injection required in Beijing for key workers on construction sites including cooks, security guards and cleaning staff

** PHILIPPINES: office workers and employees of public transport services

** KAZAKHSTAN: compulsory vaccinations or weekly tests for people working in groups of more than 20

ENTRY INTO PUBLIC PLACES

** AUSTRIA: public places including restaurants, hotels, theaters and ski lifts

** BOLIVIA: vaccination record or negative test mandatory to enter public and private places, including airports, bus stations, banks, shopping centers, restaurants and supermarkets (https://bit.ly/3zF5A1m)

** GREAT BRITAIN: vaccination or negative test for all over 18 in nightclubs and other places in Scotland; in nightclubs, some indoor and outdoor venues without seating and all venues with more than 10,000 people in England

** BULGARIA: “health pass” for visitors to public places such as cafes, hotels, concert halls, museums and swimming pools

** CZECH REPUBLIC: Vaccination certificates or test status required in restaurants and clubs

** DENMARK: compulsory health card to access indoor bars, restaurants and other public places

** EGYPT: compulsory vaccination for students of public universities to access campuses

** FRANCE: compulsory vaccination card for all over 16s to enter cinemas, bars and restaurants, and use long-distance public transport, from January 15

** GERMANY: compulsory vaccination for all businesses except the most essential such as grocery stores, pharmacies and bakeries

** HONG KONG: compulsory vaccination to access restaurants, gymnasiums, cinemas and libraries from February 24

** ITALY: compulsory vaccination for seats inside bars, restaurants, visits to museums, cinemas, clubs, participation in sporting events; Basic green health card compulsory for all public transport

** KENYA: compulsory vaccination for access to banks, restaurants and public spaces; https://bit.ly/3EVBEyN; https://bit.ly/3n1X3QT

** LEBANON: vaccination certificate or antibody tests required for entry to restaurants, cafes, pubs and beaches

** LITHUANIA: compulsory vaccination certificate for access to indoor and outdoor gatherings of more than 500 people, economic activities, contact services including beauty services and sports halls for all over 12 years old (https: // koronastop .lrv.lt / en / covid -19-related-restrictions-1)

** MOROCCO: vaccine compulsory to access all government buildings, spaces such as cafes, restaurants, cinemas, gymnasiums, transport

** NETHERLANDS: compulsory health pass to access bars, restaurants, clubs or cultural events

** ROMANIA: health pass, negative COVID-19 test or proof of recovery required to access most public places, including the majority of non-essential places

** SERBIA: compulsory health pass to visit covered cafes, hotels and restaurants after 10 p.m.

** SINGAPORE: compulsory vaccination to enter shopping centers; considering requiring a booster to be fully immunized

** SWITZERLAND: proof of vaccination, convalescence or a negative test required to access bars, restaurants and fitness centers

** SOUTH KOREA: vaccine pass compulsory to access the 14 designated public spaces, including reception and entertainment venues; requirement extended to over 12s from February

** SWEDEN: vaccination passes compulsory for indoor events of more than 100 people; be extended to smaller gatherings, such as in restaurants.

** UKRAINE: restrictions for the unvaccinated on access to restaurants, sports and other public events

(Compiled by Oben Mumcuoglu, Dagmarah Mackos and Elena Vardon; edited by Kevin Liffey)

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Europe plans to say nuclear power and natural gas are green investments https://onlinesubtitrat.biz/europe-plans-to-say-nuclear-power-and-natural-gas-are-green-investments/ Sun, 02 Jan 2022 21:11:20 +0000 https://onlinesubtitrat.biz/europe-plans-to-say-nuclear-power-and-natural-gas-are-green-investments/ Germany, on the other hand, as well as Austria, Luxembourg, Portugal and Denmark have expressed concerns about the build-up of nuclear power plants and the radioactive waste they produce. “Different visions of the low-carbon transition have been on the political agenda,” said Alexander Lehmann, director of the Sustainable World Academy at the Frankfurt School of […]]]>

Germany, on the other hand, as well as Austria, Luxembourg, Portugal and Denmark have expressed concerns about the build-up of nuclear power plants and the radioactive waste they produce.

“Different visions of the low-carbon transition have been on the political agenda,” said Alexander Lehmann, director of the Sustainable World Academy at the Frankfurt School of Finance and Management. “The costs of the transition are starting to weigh on people, so diametrically opposed energy policies have become clearer,” he said. “It brought key oppositions to light.”

The inclusion of nuclear and gas energy in Europe’s sustainable investment rulebook – known as green taxonomy – could have important implications at home and abroad.

In Europe, this would unlock billions of euros in state aid for costly nuclear energy projects. Banks and pension managers offering investments supporting environmental, social and governance causes – known as ESG funds – would have an easier time including nuclear energy and natural gas companies in investment funds. sustainability that they offer or in which they invest for their clients.

“Overall, nuclear was not seen as ESG-compliant,” said Marisa Drew, Head of Sustainable Investing at Credit Suisse. EU approval, however, would open “a potentially significant wave of investment dollars,” she said. “Billions of ESG money could find their way in this direction,” she added.

Sandrine Dixson-Declève, co-chair of the Club of Rome and member of the panel that advised the European Commission on nuclear and natural gas, said neither of the two energy sources could be considered green.

The advisory body, known as the European Commission’s advisory platform on sustainable finance, concluded earlier this year that nuclear power plants pose risks of “significant damage” to the environment from radioactive waste they generate and concerns about the safety of their storage, she said. noted.


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The euro marks 20 turbulent years https://onlinesubtitrat.biz/the-euro-marks-20-turbulent-years/ Sat, 01 Jan 2022 03:34:10 +0000 https://onlinesubtitrat.biz/the-euro-marks-20-turbulent-years/ The euro marks 20 years since people started using the single European currency on Saturday, overcoming initial doubts, pricing concerns and a debt crisis that has spread across the region. Euro banknotes and coins entered circulation in 12 countries on January 1, 2002, greeted by a mixture of enthusiasm and skepticism from citizens who had […]]]>

The euro marks 20 years since people started using the single European currency on Saturday, overcoming initial doubts, pricing concerns and a debt crisis that has spread across the region.

Euro banknotes and coins entered circulation in 12 countries on January 1, 2002, greeted by a mixture of enthusiasm and skepticism from citizens who had to exchange their Deutsche Marks, French Francs, Pesetas and lire.

The euro is now used by 340 million people in 19 countries, from Ireland to Germany to Slovakia.

Bulgaria, Croatia and Romania are next to join the eurozone in the next few years, although people are divided over the benefits of abandoning their national currencies.

The idea of ​​creating the euro first emerged in the 1970s as a way to deepen European integration, simplify trade between member countries and give the continent a currency to compete with the mighty dollar. .

Officials give the euro credit for helping Europe avoid economic disaster during the coronavirus pandemic.

“Obviously, Europe and the euro have become inseparable,” wrote Christine Lagarde, director of the European Central Bank, in a blog post.

“And for young Europeans, who have only ever known the single currency, it must be almost impossible to imagine Europe without it,” she writes.

At the start of the euro, consumers feared that its emergence would cause prices to rise as countries had to convert to the new currency.

Although some commodities – such as coffee in cafes – edged up slightly as companies rounded up their conversions, official statistics showed that the euro brought more stable inflation.

The price of a baguette in France, for example, has gone from 66 cents in 2001 to 90 cents today, an increase in line with pre-euro inflation.

The prices of more expensive products have not increased and have even fallen in some cases. Nevertheless, the belief that the euro has made everything more expensive persists.

– New look –

The red, blue, and orange banknotes were designed to look the same everywhere, with illustrations of generic Gothic, Romanesque, and Renaissance architecture to ensure that no country was portrayed against the others.

In December, the ECB said the bills were ready for a facelift, announcing a design and consultation process with public assistance. A decision is expected in 2024.

“After 20 years, it is time to rethink the appearance of our banknotes to make them more accessible to Europeans of all ages and from all walks of life,” said Lagarde.

Euro banknotes are “here to stay,” she said, although the ECB is also considering creating a digital euro in tune with other central banks around the world.

While the dollar still reigns supreme across the world, the euro is now the second most widely used currency in the world, accounting for 20 percent of global foreign exchange reserves compared to 60 percent for the US greenback.

– “Proved his courage” –

The eurozone has remained strong after facing an existential threat a decade ago when it was rocked by a debt crisis that started in Greece and spread to other countries.

Greece, Ireland, Portugal, Spain and Cyprus were saved thanks to bailouts in exchange for austerity measures, and the euro came out of the abyss.

“It is fair to say that the euro has had a turbulent first decade,” members of the Eurogroup of finance ministers said in a joint article.

The Eurogroup drew “valuable lessons” which enabled it to respond to the pandemic in a rapid, decisive and coordinated manner, they said.

During the Covid crisis, countries rolled out huge stimulus packages while the ECB rolled out a massive bond buying program to keep borrowing costs low and boost economic growth.

“The euro has strengthened its foundations over the past 20 years,” Irish Finance Minister Paschal Donohoe, who heads the Eurogroup, said in a video message.

“He has proven himself to face big challenges and big crises.”

cha-bur / ico / lth / pvh


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Hades, It Takes Two, Returnal: have you seen the best games of the year? https://onlinesubtitrat.biz/hades-it-takes-two-returnal-have-you-seen-the-best-games-of-the-year/ Thu, 30 Dec 2021 12:30:46 +0000 https://onlinesubtitrat.biz/hades-it-takes-two-returnal-have-you-seen-the-best-games-of-the-year/ Relive the year in video games with our top picks from Amazon. Image Credit: Amazon For all the escapees, it’s time to dust off your consoles and take a break from reality. With a strong portfolio of releases this year, the gaming industry has thrived, and so have our fingers as we looked to fill […]]]>

Relive the year in video games with our top picks from Amazon.
Image Credit: Amazon

For all the escapees, it’s time to dust off your consoles and take a break from reality. With a strong portfolio of releases this year, the gaming industry has thrived, and so have our fingers as we looked to fill in the long hours spent indoors. Thanks to the increased interest of casual gamers, fantastic video games have emerged in 2021.

Our list of the best releases is just a snapshot of the range of titles available on Amazon’s game store. From PlayStation and Xbox gaming accessories and consoles to Nintendo Switch consoles, the website is your one-stop-shop for all of your fast-paced entertainment needs.

If you’re looking to get back on track and aren’t sure where to start, browse through our handpicked games below that are currently on sale. Make sure you subscribe to Amazon Prime before ordering – it gives you free one-day shipping.

1. Hades (PS5)

Fight against Hades, the god of the underworld himself, in this rogue-type action gameplay. You play as the rebellious son and prince of Hades, struggling to break free from your father’s clutches. But as is the nature of roguelike, every time you succumb to the enemy, there’s no saving in progress – you start with a clean slate and a whole new slew of monsters.

The hand painted environment of Hades and its powerful musical score are a feast for the senses. Available on all popular consoles this year, our listing specifically selects a PlayStation 5 DVD at a discounted price.

2. Return (PS5)

Another roguelike gameplay to test your limits, Returnal takes place on a spooky alien planet where your death resets the entire world. Selene is your player, who is stranded in the company of strange creatures, and her escape never seems close. Known for its strong gameplay, Returnal makes sure you’re glued to the screen, piecing together Selene’s horror story in an ever-changing universe.

Returnal is available on PS5.

3. Final Fantasy VII Remake Intergrade (PS5)

Final Fantasy fans, rejoice! The seventh installment in the series got its long-awaited remake last year, and this year it arrived on PS5 with additional enhancements. The action role-playing game still follows mercenary Cloud Strife and his friends, just with detailed world-building, new powers, and new characters. Travel the streets of Midgar Town and relive the critically acclaimed gameplay on PS5.

4. Hitman 3 (PS4)

Bid for Agent Assassin 47 in this third and final Hitman game in the trilogy. You travel the world, stealthily move, and dodge intelligence operatives in all new locations, from Dubai to Romania, on a journey fueled by revenge. This version is compatible with your PlayStation virtual reality (VR) headset.

Hitman 3 is available on PS4.

5. Death Loop (PS5)

As the name suggests, the first-person shooter immerses you in a vicious time loop, set in the 1960s. You play as an assassin called Colt, who is trapped on an island that resets after midnight. To break the loop you must take down eight targets, including a rival assassin Julianna, before the clock strikes 12, otherwise Colt will start his mission again.

Deathloop is available on PS5.

6. You need two (PS4)

This two-player adventure game was crowned Best Game at the Game Awards 2021. Its feel-good, healthy and fun tale proves that it really takes two to tango. You and your friend take on the roles of Cody and May, a married couple who go head-to-head in a quest to find their human body. In their tiny doll forms, they break through obstacles in and around their home (raging vacuum cleaners and gangster squirrels), realizing the love they’ve lost along the way.

It Takes Two (pictured above) is available on PS4 with a PS5 upgrade.

7. Metroid Dread (Nintendo Switch)

Bring out your Switch consoles for Metroid Dread, the second installation in 19 years. Intergalactic bounty hunter Samus Aran is on a mission, deep beneath the surface of the rogue planet of ZDR. Help Samus battle horrific mechanical creatures and level up with each defeated enemy, while finding a way to escape the alien world.

Our recommendations are independently chosen by the editors of Gulf News. If you decide to make purchases through links on our website, we may earn an affiliate commission because we are part of the Amazon Services LLC associate program.


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Euronet (EEFT) up 11.4% over the past month: new growth coming? https://onlinesubtitrat.biz/euronet-eeft-up-11-4-over-the-past-month-new-growth-coming/ Tue, 28 Dec 2021 17:22:00 +0000 https://onlinesubtitrat.biz/euronet-eeft-up-11-4-over-the-past-month-new-growth-coming/ Euronet Worldwide, Inc.EEFT shares jumped 11.4% in the past month against the industry’s 1.2% decline, thanks to greater exposure, a faster economic recovery and strong results from the electronic transfer business funds and money transfer. The company not only managed to weather the coronavirus-induced market volatility of the past year, but has also positioned itself […]]]>

Euronet Worldwide, Inc.EEFT shares jumped 11.4% in the past month against the industry’s 1.2% decline, thanks to greater exposure, a faster economic recovery and strong results from the electronic transfer business funds and money transfer. The company not only managed to weather the coronavirus-induced market volatility of the past year, but has also positioned itself for better returns going forward.

– Zack

Zacks investment researchImage source: Zacks Investment Research

Based in Leawood, KS, Euronet is a leading provider of electronic payments. The company provides payment and transaction processing and distribution solutions to financial institutions, retailers, consumers and service providers. It has a market capitalization of $ 6.3 billion.

Can he keep his momentum?

The answer is yes and before we get into the specifics, let us show you how his 2021 estimate looks. Zacks’ consensus estimate for 2021 earnings per share is currently $ 3.86. reporting a 36.9% increase year over year. EEFT has beaten earnings estimates in two of the past four quarters and failed twice, with an average surprise of 2.6%. Zacks’ consensus estimate for 2021 revenue is set at $ 3 billion, indicating a 20.5% year-over-year increase.

Now let’s take a look at what drives Zacks Rank # 3 (Hold) stock.

The company’s digital transactions have performed well over the past few months. It has taken some initiatives such as expanding its digital media content in Australia which includes Uber, Netflix and Spotify. The company has taken various steps to strengthen its geographic reach of its digital presence through the EEFT mobile app and real-money transfer.com. This year, it launched the app in Lithuania and partnered with Bret Bank in France to pay pensions for French expatriates. He also unveiled content distribution with Fame Height, a white label platform for game influencers, through digital channels in 14 countries.

Euronet’s revenue improvement has been impressive, with a CAGR of 11.6% in the 2015-2019 period thanks to strong segment results and its diversity across products and geographies. Although in 2020 EEFT’s revenue fell 9.7% due to lower transactions following the COVID-19 pandemic, it also rebounded 23% year-on-year in the first nine months 2021. We hope that the company’s turnover will continue to provide strong figures. on the basis of strong sector results, a large number of product and service launches as well as exciting new geographic options.

The strong inorganic growth strategy is also impressive. Several initiatives such as ATM network participation agreements and the launch of card issuance products are preparing the company for its growth. Euronet has signed an agreement with Vietcom Bank, one of Vietnam’s largest commercial banks, to offer DCC pass-through services. The company has also agreed to purchase the merchant acquisition activities of Piraeus Bank in Greece. Euronet also signed an agreement with the Bank of the Philippine Islands, OTP Bank in Romania, BPI, to take over 300 of their existing ATMs. All of these initiatives prepare the company well for future expansion.

Risks

Despite the upside potential, there are a few factors that are hampering the stock’s growth lately. Rising expenses weigh on EEFT’s margins. This could intensify as the company constantly invests in technology and other expansion initiatives. In the last nine months of 2021, total operating costs have increased by 14%. In addition, its high leverage can affect financial flexibility. Nonetheless, we believe that a systematic and strategic plan of action will drive long-term growth.

Key choices in finance

Some higher ranked players in the finance space include Alérus Financial Corporation ALRS, MoneyGram International, Inc. MGI and Houlihan Lokey, Inc. HLI. While Alerus Financial and MoneyGram have a Zacks # 1 (strong buy) ranking, Houlihan Lokey has a Zacks # 2 (buy) ranking. You can see The full list of today’s Zacks # 1 Rank stocks here.

Based in Grand Forks, North Dakota, Alerus Financial provides a variety of financial services to its clients. Its financial strength is reflected in massive total assets of $ 3.2 billion at the end of the third quarter, which rose 5.4% for the first nine months of 2021. The rise in investment securities will likely continue to strengthen ALRS’s asset position over the coming quarters.

Alerus Financial’s net income for 2021 is expected to increase 11.1% year-over-year to $ 2.80 per share. It has seen two upward revisions to estimates in the past 60 days and no movement in the opposite direction. Alerus Financial has beaten earnings estimates three times in the past four quarters and missed once, with an average surprise of 23.6%.

Based in Dallas, Texas, MoneyGram’s new business line named MoneyGram as a Service represents a significant growth opportunity in a market estimated at $ 17 billion in 2024. Through this service, the company seeks to monetize its infrastructure based on APIs, which allows instant access to 125 different currencies through its global treasury network.

MoneyGram’s earnings estimates for 2021 have risen 140% to 24 cents a share in the past 60 days. It has seen two upward revisions to estimates in the past 60 days, compared to none in the opposite direction. MGI has beaten earnings estimates twice in two of the past four quarters, met once and missed the other.

Houlihan Lokey, headquartered in Los Angeles, California, provides multiple financial services to clients around the world. Its growing footprint in investment banking services in Europe and Asia will help HLI increase strategic and shareholder value in the coming days. The increase in average transaction fees will help HLI increase revenue from corporate finance.

Houlihan Lokey’s net income for the year 2022 is expected to increase 37.7% year-on-year to $ 6.36 per share. In the past 60 days, it has seen three upward revisions in estimates and no downward movement. HLI has beaten earnings estimates over the past four quarters, averaging 39.5%.

5 actions in the process of doubling

Each was selected by a Zacks expert as the # 1 favorite stock to earn + 100% or more in 2021. Previous recommendations climbed + 143.0%, + 175.9%, + 498.3% and + 673.0%.

Most of the stock in this report is flying under Wall Street’s radar, which provides a great opportunity to get into the ground floor.

Today, discover these 5 potential circuits >>

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Waitrose announced a new partnership with Alliance https://onlinesubtitrat.biz/waitrose-announced-a-new-partnership-with-alliance/ Fri, 24 Dec 2021 13:33:50 +0000 https://onlinesubtitrat.biz/waitrose-announced-a-new-partnership-with-alliance/ Aeon announces CFC powered by Ocado Group in Hachioji, JapanJapanese retailer Aeon has taken a new step in its partnership with the Ocado group with the deployment of a Customer Processing Center (CFC) in Hachioji. This will strengthen its capacity in the Tokyo area as the online grocery market in Japan continues to grow.Source: retailtechinnovationhub.com […]]]>

Aeon announces CFC powered by Ocado Group in Hachioji, Japan
Japanese retailer Aeon has taken a new step in its partnership with the Ocado group with the deployment of a Customer Processing Center (CFC) in Hachioji. This will strengthen its capacity in the Tokyo area as the online grocery market in Japan continues to grow.
Source: retailtechinnovationhub.com

United Kingdom: It’s a germ to come down! Aldi cuts prices for super 6 Christmas vegetables to just 9p
Aldi reported: “Aldi’s cult Christmas Super Six offers returned earlier this month to the delight of shoppers. Now, the awards at Multi-Fruit and Vegetable Retailer of the Year (FPC Fresh Awards 2021) got even better with the staple festive veg being reduced to just 9 pence from Christmas Eve, helping to reduce potential food waste. To help Christmas cooks avoid going broke this season, Aldi has once again reduced the price of its 6 most popular Christmas vegetables including carrots (1kg), white potatoes (2kg), parsnip (500g), red and white cabbage (each), rutabaga ( each) and Brussels sprouts (500g) “.
Source: aldipresscentre.co.uk

Netherlands: Albert Heijn presents Christmas menu from top chefs
Albert Heijn has a special Christmas menu prepared by the best Dutch chefs in more than 30 cities. 5 chefs from restaurants Bergpaviljoen, Daalder, Barrage, Ron Gastrobar and Kruidfabriek have concocted a Christmas menu in collaboration with Thuis uit Eten, which buyers can easily compose.
Source: esmmagazine.com

Russia: Mercury Retail announces new board of directors
Russian convenience store operator Mercury Retail has announced the appointment of a new board of directors. The board of directors is made up of 6 directors, including the 3 majority shareholders of Mercury Retail – Igor Kesaev, Sergei Studennikov and Sergei Katsiev – as well as 3 independent non-executive directors.
Source: esmmagazine.com

Amazon sues financial crime agency in final round of Indian battle
Amazon.com Inc is suing India’s financial crime agency, seeking to overturn an investigation into one of its 2019 deals, according to a court record seen by Reuters.
Source: Reuters.com

Romania: Penny announces new sustainability initiative
REWE Group’s Penny retail chain in Romania has committed to making 300 stores greener by 2029 by adopting BREEAM – the method for assessing the sustainability of buildings. The initiative will see the retailer re-certify new stores through its network with BREEAM every 3 years.
Source: esmmagazine.com

Selfridges sold to Thai, Austrian alliance for $ 5 billion
UK luxury store chain Selfridges is sold to a Thai retailer and an Austrian real estate company in a deal that a source familiar with the matter said was worth around £ 4bn ($ 5.37bn) . The central Thai group and Austrian real estate company Signa Group, which already jointly own department stores across Europe, said they had struck a deal for the chain best known for its Oxford Street store in London.
Source: Reuters.com

Waitrose and Alliance announce new partnership
Waitrose has announced a new partnership with convenience store chain Channel Island Alliance as it expands its presence in Jersey. Over a thousand Waitrose products will be available in Alliance’s 4 Jersey stores in the new year. They will first be presented in the Alliance boutique in St Ouen in March, before launching in the St Helier stores on Sand Street, Walker House and Broad Street in the following weeks.
Source: waitrose.pressarea.com

India: Blinkit, supported by Zomato, creates 300 partner stores to deliver groceries in 10 minutes
Online grocery delivery company Blinkit, formerly Grofers, has set up 300 partner stores across the country through which it enables grocery delivery in 10 minutes, Founder and CEO Albinder Dhindsa said in a blog post. The announcement comes shortly after the company decided to unplug areas where it was unable to deliver groceries in 10 minutes.
Source: moneycontrol.com

Poland: Biedronka announces salary increases for its employees
Polish retailer Biedronka has announced an increase in the monthly salaries of employees working in its stores and distribution centers, effective January 1. Monthly salaries will increase by 8% on average, depending on the employee’s experience, individual role and position within the company, the retailer said. The move will see more than 60,000 employees benefit from a salary increase, with the channel owned by Jerónimo Martins investing an additional 142 million PLN (30.7 million euros).
Source: esmmagazine.com

China: the Dada Group participates in the drafting of the Terminology of the digitalization of the retail trade of the CCFA
Dada Group, the leading on-demand delivery and retail platform in China, participated in the drafting of the “Retail Digitization Terminology” initiated by the China Chain Store & Franchise Association ( CCFA). This terminology was the first comprehensive standard on digital transformation in the retail industry.
Source: prnewswire.com

Amazon workers hold pre-Christmas walkout at 2 Chicago-area delivery facilities
Dozens of Amazon warehouse workers staged a walkout at 2 Chicago-area delivery stations to demand higher wages and better working conditions, disrupting operations days before Christmas. The work stoppages began around 4:30 a.m. in the western suburbs of Cicero and at 8 a.m. at the Gage Park facility in southwest Chicago, according to Amazonians United Chicagoland, an organization representing employees at local Amazon warehouses.
Source: techxplore.com

Charts: online grocery sales in the United States
E-commerce will account for more than 20% of grocery sales in the United States by 2025. That’s according to a new report from Incisiv, a research company, and Mercatus, digital-focused grocery consultants . The study “eGrocery’s New Reality: The Pandemic’s Lasting Impact on US Grocery Shopper Behavior” examines the behavior of online grocery shoppers in the United States and changes in shopping preferences in 2020 and beyond. It is based in part on a 2021 survey of approximately 40,000 US grocery customers with input from regional grocers.
Source: practiceecommerce.com

US Foods Holiday Fundraising Campaign Raises Almost 300,000 Meals for Feeding America
US Foods Holding Corp. announced that the company will donate $ 30,000, the equivalent of nearly 300,000 meals, to Feeding America as part of its Holiday Giving Gratitude campaign, a month-long effort dedicated to supporting communities for struggling with food insecurity. The campaign supports the company’s ongoing commitment to fight hunger through product donations, monetary contributions and volunteer activities. In 2021, US Foods donated more than $ 20 million in products and supplies to food banks across the country to help fight hunger in local communities, the equivalent of more than 12 million pounds. of food and supplies.
Source: businesswire.com


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Aegon takes note of VIG’s announcement regarding Aegon https://onlinesubtitrat.biz/aegon-takes-note-of-vigs-announcement-regarding-aegon/ Wed, 22 Dec 2021 21:15:00 +0000 https://onlinesubtitrat.biz/aegon-takes-note-of-vigs-announcement-regarding-aegon/ The Hague, December 22, 2021 – Aegon has taken note of an announcement released today by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). The announcement published by VIG reads as follows: “Vienna Insurance Group and Hungary come to an agreement on the main lines of cooperation and the further processing of the Hungarian insurance […]]]>

The Hague, December 22, 2021 – Aegon has taken note of an announcement released today by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG).

The announcement published by VIG reads as follows:

“Vienna Insurance Group and Hungary come to an agreement on the main lines of cooperation and the further processing of the Hungarian insurance companies AEGON and UNION VIENNA INSURANCE GROUP AG.

Wiener Versicherung Gruppe (VIG) and the Hungarian government have reached an agreement on the principles of cooperation and the way forward, which provides for a 45% stake by the Hungarian state in the Hungarian companies AEGON and UNION Vienna Insurance Group Biztosító Zrt.

The structure of the cooperation, which involves majority participation and operational management by VIG, is the subject of subsequent negotiations. The Hungarian government appointed Corvinus Nemzetközi Befektesi Zrt., a 100% state-owned Hungarian holding company, as a negotiating partner. VIG welcomes the future cooperation with Hungary. The signing of a memorandum of understanding is scheduled for Thursday, December 23, 2021.

In a next step, VIG and Hungary will negotiate the ownership and governance structure, obtain the necessary board resolutions and seek the necessary approvals for the implementation of the transaction.

On November 29, 2020, Aegon agreed to sell its insurance, pension and asset management businesses in Hungary, Poland, Romania and Turkey to VIG for € 830 million. Aegon will continue to work with VIG to complete this transaction.

About Aegon

Aegon’s roots go back over 175 years, to the first half of the 19th century. Since then, Aegon has grown into an international company, with businesses in the Americas, Europe and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, retirement and asset management services. Aegon’s goal is to help people achieve lifelong financial security. More information on aegon.com.

Forward-looking statements
Statements contained in this document that are not historical facts are forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. The following terms identify such forward-looking statements: aim, believe, estimate, target, have intention, can, expect, anticipate, predict, plan, rely on, plan, continue, want, foresee, goal, should, would have, could, is confident, aura and similar expressions relating to Aegon. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon assumes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which simply reflect the expectations of the company at the time of writing. Actual results may differ materially from expectations expressed in forward-looking statements due to changes caused by various risks and uncertainties. These risks and uncertainties include, but are not limited to, the following:

  • Changes in general economic and / or governmental conditions, particularly in the United States, the Netherlands and the United Kingdom;
  • Changes in the performance of financial markets, including emerging markets, such as:
    • The frequency and severity of issuer defaults in Aegon’s fixed income investment portfolios;
    • The effects of corporate bankruptcies and / or accounting restatements on the financial markets and the decline in the value of equity and debt securities held by Aegon; and
    • The effects of the decline in the creditworthiness of certain public sector securities and the resulting decline in the value of the government exposure held by Aegon;
  • Changes in the performance of Aegon’s investment portfolio and lower ratings of Aegon’s counterparties;
  • The downgrade of one or more of Aegon’s debt ratings issued by recognized rating agencies and the negative impact such action may have on Aegon’s ability to raise capital and on its liquidity and his financial situation;
  • Lowering one or more of the financial strength ratings of the insurers of Aegon’s insurance subsidiaries and the negative impact such action may have on written premium, policy retention, profitability and liquidity its insurance subsidiaries;
  • The effect of European Union Solvency II requirements and other regulations in other jurisdictions affecting Aegon capital is required to maintain;
  • Changes in interest rate levels and consistently low or rapidly changing interest rate levels;
  • Changes affecting exchange rates, in particular the EUR / USD and EUR / GBP exchange rates;
  • Changes in the availability and costs associated with sources of liquidity such as financing of banks and capital markets, as well as conditions of credit markets in general, such as changes in the creditworthiness of borrowers and counterparties;
  • Increased levels of competition in the United States, the Netherlands, the United Kingdom and in emerging markets;
  • Catastrophic events, whether man-made or natural, including by way of example natural disasters, acts of terrorism, acts of war and pandemics, could result in material loss and significantly disrupt Aegon’s business;
  • The frequency and severity of insured claims;
  • Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon’s insurance products;
  • Aegon’s projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. If the assumptions of these models subsequently prove to be incorrect, or if errors in these models escape the controls put in place to detect them, future performance will differ from the projected results;
  • Reinsurers to which Aegon has ceded significant underwriting risks may default on their obligations;
  • Changes in customer behavior and general public opinion related to, among other things, the type of products Aegon sells, including the legal, regulatory or business need to meet changing customer expectations;
  • Customer responsiveness to new products and distribution channels;
  • Because Aegon’s operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system interruptions or failures, breaches of security or privacy of data data, cyber attacks, human error, failure to protect personally identifiable information, changes in operational practices or inadequate controls, including with respect to third parties with whom we do business, may disrupt Aegon’s business, damage its reputation and adversely affect its operating results, financial condition and cash flow;
  • The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon’s ability to integrate acquisitions and achieve expected results and synergies from acquisitions;
  • Aegon’s inability to achieve expected profit or operational efficiency levels, as well as other management initiatives related to cost savings, Holding’s cash capital, gross financial leverage and free cash flow;
  • Changes in central bank and / or government policies;
  • Litigation or regulatory action that could require Aegon to pay substantial damages or change the way Aegon does business;
  • Competitive, legal, regulatory or tax changes that affect the profitability, cost of distribution or demand for Aegon’s products;
  • Consequences of an actual or potential break-up of the European monetary union in whole or in part, or of the United Kingdom’s exit from the European Union and potential consequences if other countries of the European Union leave the Union European;
  • Changes in laws and regulations, particularly those affecting the ability of Aegon operations to hire and retain key personnel, the taxation of Aegon companies, the products Aegon sells and the attractiveness of certain products to its consumers ;
  • Regulatory changes relating to pensions, investments and insurance in the jurisdictions in which Aegon operates;
  • Standard setting initiatives of supranational standard-setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to these standards that may impact regional financial regulation (such as the EU) national or US at the federal or state level or on its application to Aegon, including the designation of Aegon by the Financial Stability Board as a Global Systemically Important Insurer (G-SII); and
  • Changes in accounting regulations and policies or a change by Aegon in the application of such regulations and policies, whether intentionally or not, that may affect Aegon’s published results, equity or regulatory capital adequacy levels.

This document contains information that qualifies, or may be characterized, as inside information within the meaning of Article 7 (1) of the EU Market Abuse Regulation (596/2014). Further details of the potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Securities and Exchange Commission and the United States Securities and Exchange Commission, including the annual report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in Aegon’s expectations in this regard or any change in the events, conditions or circumstances on which such statement is based.

  • 20211222 Aegon takes note of VIG’s announcement


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Banca Transilvania SA: Nelimitat, the most widely used current account service option in Romania, is also available online https://onlinesubtitrat.biz/banca-transilvania-sa-nelimitat-the-most-widely-used-current-account-service-option-in-romania-is-also-available-online/ Tue, 21 Dec 2021 09:50:14 +0000 https://onlinesubtitrat.biz/banca-transilvania-sa-nelimitat-the-most-widely-used-current-account-service-option-in-romania-is-also-available-online/ Communication from presa2021-12-21 Nelimitat package means free payments and receipts from over 300,000 entrepreneurs Over 80% of corporate clients have this current account package with BT Nelimitat is the largest community of entrepreneurs in Romania Banca Transilvania launches the 100% Nelimitat current account package. It is accessible to both new customers and those who already […]]]>

Communication from presa2021-12-21

  • Nelimitat package means free payments and receipts from over 300,000 entrepreneurs

  • Over 80% of corporate clients have this current account package with BT

  • Nelimitat is the largest community of entrepreneurs in Romania

Banca Transilvania launches the 100% Nelimitat current account package. It is accessible to both new customers and those who already have Nelimitat and want to choose a new package due to additional options. The required electronic signature is free, delivered on site.

The Nelimitat package is a specific feature of the banks’ offer

  • Includes the products and services necessary for the development of the current activity of SMEs: business card, online banking, account alert, etc. The main advantage is free payments and receipts from over 300,000 Romanian entrepreneurs, as well as payments / receipts in any currency. , in any country.

  • The business cards in the package benefit from all the advantages offered by BT on cards: the possibility of registering for the BT Pay application – thus becoming digital cards -, travel insurance, taxback, etc.

  • Ensures predictability of monthly spending with banking services.

  • For entrepreneurs who also need cash, the first 5 installments from the BT ATM are included in the basic package.

  • Newly created businesses benefit from BT’s free first year account – which is the Nelimitat All Inclusive package, free of charge the first year of operation, after which it automatically converts to the basic Nelimitat package. However, entrepreneurs can choose one of the other Nelmitat options online, depending on what additional options they want.

Nelimitat is available in four options, depending on the number of monthly transactions:

  • Nelimitat basic in the BT network: unlimited number of transactions between BT PME customers, 5 free payments from their own ATMs (maintaining the current limit of withdrawals / account at 10,000 lei), Visa Business Silver card, BT24 Internet Banking and Mobile Banking, 40 notifications per account (29 lei / month);

  • Nelimitat in the BT network + 10 interbank transactions in lei or in foreign currencies (46 lei / month);

  • Nelimitat in the BT network + 25 interbank transactions in lei or in foreign currency (76 lei / month);

  • Nelimitat All Inclusive: unlimited number of payments, in any currency (subscription: 129 lei / month).

Customers can also find out online which plan is best for them, based on the number and type of transactions made per month.

The launch comes after another recent launch of Banca Transilvania concerning online services for entrepreneurs, namely the 100% online account, based on the identity card.

Nelimitat is also the largest community of entrepreneurs in Romania, in which BT customers can make free transfers between them, operated instantly. As 40% of companies in the country have an account with Banca Transilvania, many have free payments / receipts on site. More than 350,000 SME clients work with Banca Transilvania.

Warning

Banca Transilvania SA published this content on December 21, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 21, 2021 09:49:04 AM UTC.

Public now 2021

All the news of BANCA TRANSILVANIA SA

Sales 2021 4 889 million
1,115 million
1,115 million
Net income 2021 1,887 million
430 million
430 million
Net debt 2021

PER 2021 ratio 7.77x
Yield 2021 8.63%
Capitalization 15 642 million
3,572 million
3,567 million
Capi. / Sales 2021 3.20x
Capi. / Sales 2022 2.95x
Number of employees 10 170
Free float 100%

Chart BANCA TRANSILVANIA SA
Duration :

Period :

Banca Transilvania SA Technical Analysis Chart |  MarketScreener

Trends in technical analysis BANCA TRANSILVANIA SA

Short term Mid Road Long term
Tendencies Neutral Neutral Bullish

Evolution of the income statement

To sell

To buy

Average consensus SURPASS
Number of analysts seven
Last closing price

2.49 RON

Average price target

2.83 RON

Spread / Average target 14.0%


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