Aeon Credit's net profit for Q3 rises to RM103.46mil
KUALA LUMPUR: Aeon Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2021 (Q3 FY2022) rose to RM103.46 million from RM42.15 million registered in the same quarter last year.
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KUALA LUMPUR: Aeon Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2021 (Q3 FY2022) rose to RM103.46 million from RM42.15 million registered in the same quarter last year.
Synopsis With interest rates on FDs falling, especially over the past one year, their popularity is waning. In such times, corporate bonds can serve as an alternative to bank FDs. iStock Bank fixed deposits (FDs) have traditionally been the most favoured debt investment option among Indians. But not anymore. With interest rates on FDs falling, especially over the past one year, their popularity is waning. In such times, corporate bonds can serve as an alternative to bank FDs for investors looking for low-risk investment options. Introduction Also known as non-convertible debentures, corporate...
How KKR’s credit risks came crashing down The credit unit’s then CEO Sanjay Nayar (now KKR India’s chairman) saw big potential in structured corporate loans, which tend to offer higher interest rates than traditional bank loans but come with fewer creditor protections. (Photo: Mint)Premium Anto Antony, , Bloomberg A global investment behemoth’s sprint from boom to bust is a cautionary tale about India’s shadow-lending sector. With a growing number of foreign money managers looking for opportunities to sift through the wreckage of India’s debt markets, the story behind KKR’s tr...
>> a strong u.s. economy. turkey's stock market is down 22% this year. russia's stock market is down, china's stock market is crashinging down. earnings with american companies and you look at domestic growth. if you have these kind of fights it's the time. certainly turkey has put itself in a bind. by the way, all these countries now are revealing their own internal fault lines. we always kind of talk about china as this almighty juggernaut coming on strongly. they have taken credit risks. their fault lines are revealed. all these countries are really on thin ice right now. do they want to fi...
If you have the stomach for it. banks are starting to loosen the purse strings and offering down payments of 5% on a new home. buyers had to come up with 20% down after the housing bubble burst. now some banks are making friendlier for you. they think they can offer better deals than the federal housing administration. 49% of homes september in september were cash i told you, remember that? super low mortgage rates but real people saying we can't get in on it and first-time home buyers say we are good credit risks but they doof a lot of money in the bank. watch this. see if it moves the hous...