BAWAG Group’s Post

Getting ready for an interesting set of presentations at day one of the #NABMAConf in Harrogate: ‘changing habits and perception’; ‘master planning’; ‘traders of the future’ and the ‘rhetoric of markets of yesterday and tomorrow’ being of particular relevance. NABMA - National Association of British Market Authorities NMTF #streetmarkets #highstreets #evolvingnotdying

What do King Lear and Tony Soprano have in common? Well, besides being cultural icons, they can both teach us valuable lessons in wealth transfer. Join the QWA Group tomorrow for a webinar on developing successful estate planning strategies. Register Here: https://lnkd.in/eyR2TQtE

We are thrilled to share insights from our Gold Club Winner Partner, Mr. Vishwesh Oroskar, as he shares views on AR proposition. Watch the full video to learn more #ARDigitalWealth #GoldClub #PartnerSuccess #FinancialJourney #Inspiration #WealthManagement

🌟 Update on Credit Ratings 🌟 On July 11, 2024, NRА "Rurik" confirmed the long-term credit rating of the Series A bond issue by LLC "TAS COMFORT" as uaA- with an investment grade outlook of "developing." This decision was reached during the Rating Committee meeting on June 28, 2024. Factors contributing positively to the rating include the ownership of the Radisson Blu Hotel, Kyiv Podil, managed by Rezidor Hotel Group, advantageous location in the historical part of Kyiv, and comprehensive financial transparency and information openness, reducing uncertainty in assessing creditworthiness. Conversely, the high volume of bond issuance impacts the financial position significantly, with low profitability and efficiency indicators due to the specific nature of the hotel business. Additionally, the company is highly sensitive to geopolitical and macroeconomic risks, especially given the ongoing military aggression affecting financial markets and the economy. For more details, visit the company's page on NRА "Rurik's" website: https://lnkd.in/gbYcygCw

Check out exciting facts about Real Estate and Valuation!!

As we celebrate the vibrant tradition of #RathYatra, let us also draw valuable lessons from this ancient festival - lessons that resonate with the principles of investing and risk management. Investing, much like the Rath Yatra, is a journey towards a destination filled with promises, but it requires careful planning, patience, and an understanding of the risks involved. The chariots of Rath Yatra are symbolic, reminding us that we should be prepared for the ups and downs, ensuring our investments are diversified and our risks are covered. Let's embrace the wisdom of our heritage and apply it to our financial decisions. #JayJagannath #Investing #RiskManagement #RathYatra #LIPL

📢 SEBI's Final Order Against Royal Orchid Hotels Limited (ROHL) 📢 SEBI has issued a final order against ROHL and its promoters for financial misrepresentation by incorrectly classifying Ksheer Sagar Developers Pvt. Ltd. (KSDPL) as an associate instead of a subsidiary. This led to inflated profits of ₹26.78 crore for FY 2021-22, instead of the actual ₹3.63 crore. The inflated profits contributed to a significant surge in ROHL's share price, allowing promoters CK Baljee and Keshav Baljee to offload shares and earn gains of ₹20.83 crore. SEBI's investigation revealed that ROHL retained control over KSDPL even after the appointment of independent directors, which meant that KSDPL should have continued to be classified as a subsidiary. This misclassification resulted in overstated profits, misleading investors, and affecting market integrity. This case is a reminder of the importance of regulatory compliance and transparent financial reporting to uphold investor trust and market fairness. 📄 A copy of the SEBI order is enclosed. #CorporateGovernance #FinancialReporting #SEBI #InvestorProtection #Compliance #Transparency #MarketIntegrity #Finance

Fawry Releases 9M2024 Results: Record breaking results across all financial KPIs Fawry continues to surpass expectations, achieving outstanding growth with year-over-year revenue increases of 65.9% for 9M2024 and 77.0% for 3Q2024. Bottom-line growth has been even more impressive, with profits rising by 127.4% y-o-y for 9M2024 and 134.8% for 3Q2024. This performance reflects the highest EBITDA and net income margins since the company’s inception, driven by Fawry’s success in diversifying revenue streams and effectively leveraging its infrastructure and client base.

Welcome to our latest Ejarida! https://lnkd.in/dqsHMsZ9. In this edition, we help you navigate critical financial decisions such as choosing between savings, investments, and pension contributions. We also dive into the significant role of data analytics in insurance, uncover why similar insurance products have varying prices across companies, and provide insights into reinsurance broking. Dive deeper into these essential topics in the full issue here. #BetterwithZamara #PoweringProsperity #TheRiverine #BetterLiving

CEAT Kelani Holdings rated AA+ by Fitch for 4th successive year. Despite facing significant challenges, including the global pandemic, economic crisis, and political unrest, CEAT Kelani is proud to reveal its achievement of securing a National Long-Term rating of ‘AA+(lka) /Outlook Stable’ by Fitch Ratings for a fourth consecutive year! The AA+ accreditation is the second highest rating assigned by Fitch ratings as a sign of CEAT’s capabilities to meet financial commitments. Fitch said it expects CKH’s sales volume to rise 18 percent by the 31st of March FY 2025 and by a CAGR of 10 percent to FY 2028. CEAT Kelani Holdings chairman, Mr Chanaka De Silva stated "The four years in which CEAT Kelani has been rated AA+ represent some of the most tumultuous and challenging times for businesses in Sri Lanka, There can be no better testament to the company’s strength than to receive an independent rating of this nature, as we prepare for a future of further growth.” Our commitment to excellence has translated to strong financial performance and an optimistic future that focuses on growth that's positive. CEAT would like to thank you for your support in driving us forward and we look forward to ushering in a new era of success! Read more https://lnkd.in/gwVR2msR Ravi Dadlani Shamal Gunawardene Vipul Vaid #CEAT #CEATSriLanka #FitchRating