News - Bankinfobook

Find your bank

Australian citizens struggle to withdraw cash from ATM

Australian citizens struggle to withdraw cash from ATM

Australian’s protest the mass closure of bank branches and bring attention to the country’s move to go away from cash. Commercial banks in Australia have shuttered more than 1500 branches from 2018 to 2023 at the same time banks removed more than 2500 ATM across Australia Because of the user concern the biggest four banks […]

China buys gold supply pushing price of gold up

China buys gold supply pushing price of gold up

Few days ago, China bought gold supply pushing the prices of gold up. Gold prices rose above 2,400 USD per ounce on Friday 12.04.2024. The price of gold may get a final boost as the tensions in Middle East rises. The gold price was a close prediction of Goldman Sachs who said in their report […]

EU banks warned of the risk of the European leaders' plan to confiscate Russian assets and income.

EU banks warned of the risk of the European leaders’ plan to confiscate Russian assets and income.

The news that spread on social networks and the media raised the issue of an illegal attempt to confiscate and distribute interest rates on frozen Russian assets, which some experts claim would cause a chain reaction of negative bank events on the European market. Since the beginning of the war between Russia and Ukraine, and […]

All
Bank news
Economy

Australian citizens struggle to withdraw cash from ATM

Australian citizens struggle to withdraw cash from ATM

Australian’s protest the mass closure of bank branches and bring attention to the country’s move to go away from cash. Commercial banks in Australia have shuttered more than 1500 branches from 2018 to 2023 at the same time banks removed more than 2500 ATM across Australia Because of the user concern the biggest four banks […]

China buys gold supply pushing price of gold up

China buys gold supply pushing price of gold up

Few days ago, China bought gold supply pushing the prices of gold up. Gold prices rose above 2,400 USD per ounce on Friday 12.04.2024. The price of gold may get a final boost as the tensions in Middle East rises. The gold price was a close prediction of Goldman Sachs who said in their report […]

EU banks warned of the risk of the European leaders' plan to confiscate Russian assets and income.

EU banks warned of the risk of the European leaders’ plan to confiscate Russian assets and income.

The news that spread on social networks and the media raised the issue of an illegal attempt to confiscate and distribute interest rates on frozen Russian assets, which some experts claim would cause a chain reaction of negative bank events on the European market. Since the beginning of the war between Russia and Ukraine, and […]

Central bank of Brazil cuts interest rates by 50bps

Central bank of Brazil cuts interest rates by 50bps

At an event organized by the consulting firm APCE, the director of monetary policy of the Brazilian central bank, Gabriel Galipolo, presented facts according to which possible changes in monetary easing will not be correlated with interest rates at the end of the easing cycle. He stated, “The manner in which the disinflation process unfolds […]

Inflation is tamed says Bank for International Settlements

Inflation is tamed says Bank for International Settlements

The creator of monetary policy Bank of International Settlement in there quarterly report said that inflation is tamed and under control. There was however reason for „cautious optimism“ because central banks have taken action to prevent inflation strengthens said head of the Monetary and Economic Department of the BIS, Claudio Borio. “At the same time, […]

Europe central bank reported first loss after almost 20 year.

Europe central bank reported first loss after almost 20 year. Many have seen some changes in rates who sky jumped in 2023 making loans expensive. All members of EU and non-EU countries who use EURO are concerned about what will happen in future with EURO zone. This was one necessary step to stop losing […]

Loan calculator

Eskont loan calculator