Management of collateral received: an effective lever to reduce operational and financial risks

Since the financial crisis, banks are facing a major phenomenon: the rise of non-payment of their customers. These faults are both on home loans granted to individuals and businesses as the credits distributed through credit cards for individuals.

In this context, the management process guarantees received has become a key process, acting at the heart of risk management for banks.

Insurers: Find a model of partnership with the profession of agent to better meet the challenges of tomorrow

For many companies, the network of general agents is the main vector distribution. Historically, the General Agent was virtually the only point of contact with customers, prospecting the claims.

The General Agents - unlike employees of the company - are entrepreneurs, who hold a portfolio of contracts and therefore a customer. For twenty years, a number of fundamental context of the distribution of insurance have changed: the appearance and growth of the use of "new" channels (internet, mobile ...), changes in market share (MSI , banks ...), coming into play of new distributors (supermarkets, banks ...).

The Greek private sector can derail the European agreement?

 

If one agrees to consider that the exchange "voluntary" 206 billion euros of private sector bonds into new bonds to meet with thirty years of acceptance from 75 to 80%, 10-15% of the issue necessary to achieve the 90% level for the operation announced a new dimension. It would appear, according to the Financial Times that the Greek pension funds and funds of the unions would pray. However, they have a thirty billion of Greek sovereign bonds, such as the 15% needed to achieve 90% or more.

Does Greece’s bankrupt without default?

The question is all the more legitimate than the last few days have resulted in an assault interpretations based on several aspects of the agreement of the private sector, which will only be confirmed on March 8. It is difficult to consider that Greece is in default if creditors agree on a form of sovereign debt restructuring.

The Real Estate Market in 2012

The real estate market has two sectors one is the investment oriented real estate and the other principle residence. The rental real estate is nothing but the investment real estate of buying a property to get rent. The fiscal policy has a great hindrance to buying a primary residence. The suppression of floating interest loan will also heavily impact on the real estate market especially on the first time buyers. The first time buyers are the vital tonic for the healthy market.
 The favorable tax exemption may increase the demand for the new home market. The taxation strategy should be changed; the taxation on real estate capital gains realized on additional housing units should be exempted. Stamp duties on real estate market should be revised and the evolution of the property and some protocols should be user friendly.
 If at all revised; the real estate market will be pushed in to the bear market. Since the government has changed its policy the banks are reluctant to finance the purchase of properties which could lead to the crash of the real estate sector. Apart from rich investors the common public cannot afford much in the current scenario. The sellers are reluctant to lower their price and the buyer expects the price may go down; hence the market is pushed for high inertia. The people are willing to invest in a tangible asset and they are more focused on the properties than the stocks or the banks this is the supporting factor which hold the real estate market now.