The Canadian dollar expanded its gains to an intraday high.Commercial banks speed up the disposal of bad personal loans, and AMC plays a channel role. With the accelerated disposal of bad retail credit assets by commercial banks, the market size of bad personal loans has gradually grown, and there are hundreds of bad assets announcements listed and transferred in Yindeng Center, involving personal consumption and business loans, credit card overdrafts, etc. In order to improve the quality and efficiency of personal loan non-performing assets disposal, banks have also accelerated organizational restructuring and staffing accordingly, abandoned the past model of simply docking asset management companies (AMC) and chose to actively promote non-performing assets to connect the upstream and downstream of the industry, so as to improve the transfer efficiency of personal loan non-performing assets. Industry insiders told reporters that the personal loan NPL market is accelerating, but there are also problems such as low transfer efficiency and limited profit space. At present, the mainstream model is that banks seek reliable unlicensed private institutions to dispose of personal loan NPLs through AMC, and AMC earns channel fees, and the disposal institutions earn excess income, usually at an annual rate of 8%~10%. (CBN)The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.
The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.Bitcoin exceeded $99,000/piece, up 2.49% in the day.
Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14