Beraca Audit Associates’ Post

How to Survive Ongoing High Interest Rates in 2024 The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending rate at 11.75%. The rates therefore remain high and show no signs of coming down. High interest rates can affect almost every aspect of your business, from sales to expenses. Here are some tips to help you survive. READ MORE https://buff.ly/3Sf50Cc

How to Survive Ongoing High Interest Rates in 2024 The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending rate at 11.75%. The rates therefore remain high and show no signs of coming down. High interest rates can affect almost every aspect of your business, from sales to expenses. Here are some tips to help you survive. READ MORE https://buff.ly/3NQyZxR

How to Survive Ongoing High Interest Rates in 2024 The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending rate at 11.75%. The rates therefore remain high and show no signs of coming down. High interest rates can affect almost every aspect of your business, from sales to expenses. Here are some tips to help you survive. Read More https://buff.ly/3SoonYD

How to Survive Ongoing High Interest Rates in 2024 The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending rate at 11.75%. The rates therefore remain high and show no signs of coming down. High interest rates can affect almost every aspect of your business, from sales to expenses. Here are some tips to help you survive. READ MORE https://buff.ly/47wBexc

The South African Reserve bank cuts interest rates by 25 basis points The South African Reserve bank announced a 25 basis point decrease in interest rates. This takes the prime lending rate to 11.50%. The local interest rate cut follows on the heels of a 50 basis point cut by the US Federal Reserve. Most commentators are seeing more interest rate cuts going forward . This new downward trend in interest rates will have a positive effect on the property market as buyers take advantage of the lower interest rate cycle. No better time to buy property than now. #timetobuy #lowerinterestratecycle #primelendingratedrops

The South African Reserve bank cuts interest rates by 25 basis points The South African Reserve bank announced a 25 basis point decrease in interest rates. This takes the prime lending rate to 11.50%. The local interest rate cut follows on the heels of a 50 basis point cut by the US Federal Reserve. Most commentators are seeing more interest rate cuts going forward . This new downward trend in interest rates will have a positive effect on the property market as buyers take advantage of the lower interest rate cycle. No better time to buy property than now. #timetobuy #lowerinterestratecycle #primelendingratedrops

Catch the wave of falling interest rates! 📉 Banks are predicting a drop to around 3% over the next 24 months, sparking a surge in investor activities 🏘️💸. #australia #property #propertymanagement #propertyinvestment #propertymarket #australianproperty #propertyinvestor #australiandesign #propertyportfolio #propertytips

#UK: #Rate-cut cycle kicks off but it's unlikely to be sequential The #Monetary Policy Committee narrowly voted to cut #Bank #Rate by 25bps to 5% at its August meeting. The MPC's core message was that rates will be cut further, but at a measured pace. Those voting for a cut have become more confident in their understanding of the inflation generation process and argued such a restrictive policy stance was no longer necessary. But the decision was finely balanced for some of this group, and they emphasized that the risks to #inflation are skewed to the #upside. Consequently, we think rate cuts at successive meetings are unlikely and expect #Bank #Rate to stay at 5% in September.

Swiss National Bank cuts interest rates by 25 basis points. The Swiss National Bank (SNB) slashed its key interest rate by 25 basis points to 1.0% yesterday on Thursday. This move comes as the third interest rate cut this year and comes as expected by 30 of 32 analysts in a Reuters poll. Read More - https://shorturl.at/Fo6kU #InterestRates #SwissEconomy #MonetaryPolicy #CentralBanking #GlobalFinance #EconomicUpdate #FinancialNews #cioleaders #GlobalBusinessLeadersMagazine #WorldLeadersMagazine #SuccessfulBusinessLeaders

Over recent years the interest rate environment within the EU and UK has significantly changed, with banks standing to gain significantly from a widening Net Interest Margin, however as interest rates stabilise and some predict a reduction in the future, this margin is beginning to tighten, but through the use of innovative techniques and processes, banks can increase efficiency and maximise their effectiveness in the credit process. Find out more in our paper below.   Siôn Bradley Paolo Del Grande, Maria Agresta, Matteo Dall'Omo, Paolo Fabris, Raffaella Esposito #CreditRisk #InterestRates #Profitability #CreditProcessOptimization #Inflation #CreditDemand #DefaultRate #CreditWorthinessEvaluation, #ArtificialIntelligence #MachineLearning #CreditLendingDecisionEngine.