Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Latvijas Bankas ekonomistes Santas Bērziņas un Ievas Opmanes prezentācija sanāksmē ar starptautisko reitinga aģentūru "Moody's Investors Service" 2022. gada 24. martā.
Latvijas Bankas ekonomistes Santas Bērziņas un Ievas Opmanes prezentācija sanāksmē ar starptautisko reitinga aģentūru "Moody's Investors Service" 2022. gada 24. martā.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Vietnam construction, infrastructure and building materialsAlex Pham, PhD
VIETNAM is among the fastest growing sizeable economies in the world. The country’s strong economic growth and recent infrastructural developments provide many opportunities to both local and foreign companies in construction and property. Rising affluence has led to an increasing demand for residential and commercial infrastructure which is fuelling a boom in the country’s construction and real estate industry.
In 2006 alone, the construction industry grew by a record 21%, driven by increased public spending and private sector investments and bringing the 5-year CAGR to 18%. We believe this growth will continue and will benefit listed contractors, developers, building material manufacturers and slew of companies currently actively investing in real estate.
Contact: khoi.a.pham@gmail.com
EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 16 February 2015Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
SIMI/DoneDeal Motor Industry Review Q4 2016 Teresa Noone
Wednesday 1st February 2017, the Society of the Irish Motor Industry (SIMI) issued the official 171 car sales figures for January along with presenting their final SIMI/DoneDeal Quarterly Motor Industry Review of 2016. Alan Greene President of SIMI officially launched the report at the Clayton Hotel Dublin 4.
Car sales figures for the month of January show that 171 registrations are -1.7% (39,019) compared to January 2016 (39,722). Light Commercials are currently -2.4% (6,394) compared to January last year (6,555), while HGV (Heavy Goods Vehicle) registrations are -6.3% (456) for January in comparison to the same time last year (487).
The SIMI/DoneDeal Report highlights the strong economic performance of the Motor Industry last year, with growth in registration figures seen across all counties along with the upbeat nature of business confidence and investment reflected in commercial vehicles despite a softening of the market towards the latter half of 2016.
For more information visit www.simi.ie/quarterlyreview
Olivier Desbarres: Sterling: this lady's not for turningOlivier Desbarres
There are multiple factors behind Sterling’s collapse in the past fortnight to decade lows and the question remains whether these factors will reverse any time soon.
At the top of the pyramid of causes for Sterling’s demise, in my view, is not the UK’s large current account deficit or Bank of England (BoE) policy but the stance on EU membership which Prime Minister Theresa May has adopted.
So while Sterling’s greater competitiveness may eventually drive FX inflows into the UK and help Sterling to recover, financial markets and investors are likely to continue to take their cue from the British government near-term.
Simply put, if Theresa May continues down of the path of “Hard Brexit”, however ill-defined, Sterling is likely to remain under pressure.
However, history shows that while EU leaders have a tendency to drag their feet over key issues, they are able and willing to eventually find some kind of compromise.
Moreover, Theresa May will be subject to the will of her own Conservative Party – which on the whole supports membership of the UK or at least a softer form of exit from the EU – and of the people.
While the BoE would prefer a more stable currency and lower yields, there is probably little than it can (or should) do near-term beyond trying to reassure markets, investors and households.
Capital Market Days 2008 - Mikael InglanderSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Vietnam construction, infrastructure and building materialsAlex Pham, PhD
VIETNAM is among the fastest growing sizeable economies in the world. The country’s strong economic growth and recent infrastructural developments provide many opportunities to both local and foreign companies in construction and property. Rising affluence has led to an increasing demand for residential and commercial infrastructure which is fuelling a boom in the country’s construction and real estate industry.
In 2006 alone, the construction industry grew by a record 21%, driven by increased public spending and private sector investments and bringing the 5-year CAGR to 18%. We believe this growth will continue and will benefit listed contractors, developers, building material manufacturers and slew of companies currently actively investing in real estate.
Contact: khoi.a.pham@gmail.com
EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 16 February 2015Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
SIMI/DoneDeal Motor Industry Review Q4 2016 Teresa Noone
Wednesday 1st February 2017, the Society of the Irish Motor Industry (SIMI) issued the official 171 car sales figures for January along with presenting their final SIMI/DoneDeal Quarterly Motor Industry Review of 2016. Alan Greene President of SIMI officially launched the report at the Clayton Hotel Dublin 4.
Car sales figures for the month of January show that 171 registrations are -1.7% (39,019) compared to January 2016 (39,722). Light Commercials are currently -2.4% (6,394) compared to January last year (6,555), while HGV (Heavy Goods Vehicle) registrations are -6.3% (456) for January in comparison to the same time last year (487).
The SIMI/DoneDeal Report highlights the strong economic performance of the Motor Industry last year, with growth in registration figures seen across all counties along with the upbeat nature of business confidence and investment reflected in commercial vehicles despite a softening of the market towards the latter half of 2016.
For more information visit www.simi.ie/quarterlyreview
Olivier Desbarres: Sterling: this lady's not for turningOlivier Desbarres
There are multiple factors behind Sterling’s collapse in the past fortnight to decade lows and the question remains whether these factors will reverse any time soon.
At the top of the pyramid of causes for Sterling’s demise, in my view, is not the UK’s large current account deficit or Bank of England (BoE) policy but the stance on EU membership which Prime Minister Theresa May has adopted.
So while Sterling’s greater competitiveness may eventually drive FX inflows into the UK and help Sterling to recover, financial markets and investors are likely to continue to take their cue from the British government near-term.
Simply put, if Theresa May continues down of the path of “Hard Brexit”, however ill-defined, Sterling is likely to remain under pressure.
However, history shows that while EU leaders have a tendency to drag their feet over key issues, they are able and willing to eventually find some kind of compromise.
Moreover, Theresa May will be subject to the will of her own Conservative Party – which on the whole supports membership of the UK or at least a softer form of exit from the EU – and of the people.
While the BoE would prefer a more stable currency and lower yields, there is probably little than it can (or should) do near-term beyond trying to reassure markets, investors and households.
Capital Market Days 2008 - Mikael InglanderSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
SEB Enskilda Nordic Banks Seminar, May 2010Swedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Roadshow, Öhman Baltic Banking Day, Maris AvotinsSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our
Roadshow, London, Jan Liden, CEO and Mikael Inglander, CFOSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Roadshow, Lehman Brothers Global Financial Services ConferenceSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Roadshow, UBS Nordic Banking Conference Jan LidénSwedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Electrolux Interim Report Q1 2013 - PresentationElectrolux Group
Highlights of the first quarter of 2013. Net sales amounted to SEK 25,328m (25,875) and reported income for the period was SEK 361m (499), or SEK 1.26 (1.76) per share. Organic growth was 3.8%, while currencies had a negative impact of –5.9%. Continued strong sales growth in North America, Asia/Pacific and Latin America. Market conditions in Europe weakened and sales for Major Appliances, Small Appliances and Professional Products were negatively impacted. North America more than tripled its earnings year-over-year as a result of strong volume growth and improvements in price and mix. Lower volumes and a weak price/mix trend in Europe negatively impacted results. Negative impact from currencies by SEK –318m impacted earnings for Latin America, Europe and Small Appliances. Seasonal build-up of inventories and working capital needs driven by strong growth impacted cash-flow in the quarter.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Similar to Roadshow, Öhman Baltic Banking Day, Priit Perens (20)
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
2. 2
I Overview of the macroeconomic situation
II Overview of the Banking sector in Estonia
III Swedbank Estonia
- Market shares/volumes
- Financial results
- Credit portfolio
4. 4
Estonian macroeconomic environment
• 2006-2007 Estonian rapid GDP growth was based on internal consumption and
inflow of external money
• Now GDP growth is negative (-0,5%, Eurostat)
• Consumer confidence is dropping bringing down internal consumption
• Residential real estate market is illiquid and prices are down around 20 %
• Import is declining (-6% in August yoy), export growth is still strong (+8% in August
yoy)
• Economy is rebalancing, but further development depends on success in building
more competitive export companies.
• Dependence on foreign funding still high – loan deposit ratio ca 189%
• KEY Issues:
– How are our export target countries economies doing?
– Access to liquidity?
5. 5
GDP growth has dropped to negative area
-15%
-10%
-5%
0%
5%
10%
15%
1990 1993 1996 1999 2002 2005 2008p 2011p
6. 6
Belief into the future has vanished
But there is strong effect of international financial crisis
Confidence indexes
-60
-40
-20
0
20
40
60
May-02 May-03 May-04 May-05 May-06 May-07 May-08
industry
consumer
construction
retail
service
7. 7
Low confidence is reflected in the consumption
Annual growth of retail sales
-40%
-20%
0%
20%
40%
60%
80%
Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08
retail total cars and related items other goods clothes furnishings etc
During the last months the car sales down average by 38%, incl. new
cars 24%, used cars 47%
8. 8
Without consumption there is no production …
Growth of industrial production
-10%
-5%
0%
5%
10%
15%
20%
25%
Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08
industrial production
manufacturing industry production
export sales
internal market sales
9. 9
But rumors about death of core Estonian export are
exaggerated
Annual export growth
-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
50%
Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08
-400%
-300%
-200%
-100%
0%
100%
200%
300%
400%
500%
electronics passanger cars other goods mineral products (rhs)
10. 10
Labor cost per hour in Euros/ 2006
0 10 20 30 40
Estonia
Latvia
Lithuania
Finland
Sweden
Germany
11. 11
There is no dominant sector in Estonian export
(Jan-Aug 2008, change in the brackets)
groceries (13.8%)
chemical
products (18.3%)
electronics
(+13.2%)
machinery etc
(+7.8%)
vehicles (-0.1%)
others (6.5%)
textiles
(-1.8%) mineral products
(-21.2%)
wood, paper
(-2.7%)
13. 13
The components of CAD, % to GDP
-25
-20
-15
-10
-5
0
5
10
2007 2008 6M
goods and services FDI reinvested
FDI dividends interests
other private sector return/transfers EU funds
Estonian government payments
14. 14
Real estate market: Estonia
Gradual correction in residential market since April 2007
Market situation
• Lower numbers of transactions, longer sale
periods and decreasing prices in residential real
estate
• Apartment prices down -22% from peak in Apr’07.
Further decrease is likely.
• Difficult to sell apartments in unfinished buildings
• Largest decrease in transactions of land plots due
to higher construction costs and higher risk to
complete the construction without a profit
Market outlook
• Several developers have liquidity problems and
stock of unsold apartments is increasing. It is
likely that prices on new apartments will continue
to decrease
• Risk of tenants reducing their office areas. Start-
up office projects and office buildings with weak
concepts and poor quality will be most affected
• The quality of tenant mix, rental agreements,
location, popularity of retail centers will be crucial 10
12
14
16
18
20
2002 2003 2004 2005 2006 2007
EUR/m2/month
0%
5%
10%
15%
20%
25%
Vacancyrate
Rent rate Vacancy rate
Tallinn apartment price and transaction development
Tallinn office rent and vacancy development
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08
EUR/m2
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Nooftransactions
No of deals (rhs) Average price (lhs)
Source:
* Residential data – Estonia land board
** Office data – credit analysts data
20. 20
Highlights
• Long-term focus maintained on core strategic strengths - performance culture,
credit skills, wide distribution and strong team
• Short-term focus on managing the business through the economic cycle with
particular focus on productivity and asset quality
• Steps taken in the beginning of 2007 have slowed down credit growth and the
trend is expected to continue throughout 2008. As a result, minor deterioration in
market shares has been visible and is also expected going forward. However, no
major change is expected.
• Employee productivity is being monitored closely and employee growth will be
negative during 2008 given slowdown in volume growth. Operational efficiency
program is gradually rolled out in all countries.
• Credit teams have been strengthened and work-out processes are being reviewed
to a more pro-active stance. Asset quality indicators (credit losses, overdues) have
risen according to expectations
21. 21
Loans and Deposits
Deposits (group consolidated) *
90
117
-115
-150
-100
-50
0
50
100
150
1Q 08 2Q 08 3Q 08
EURm
Loans (incl leasing&factoring)
change *
229
255
118
0
50
100
150
200
250
300
1Q08
2Q08
3Q08
EURm
Loan (incl leasing&factoring)
change 9m 2008
602
1,411
0
200
400
600
800
1,000
1,200
1,400
1,600
BB Est Market
EURm
Deposits' change 9m 2008
(bank solo)
155
408
-50
200
450
700
BB Est Market
EURm
Loan (inl leasing and factoring) to deposits
100%
150%
200%
250%
12/06 03/07 06/07 09/07 12/07 03/08 06/08 09/08
Rest of the Market Swedbank Estonia
* According to Management reporting (consolidated). Trade Finance portfolio was taken into Estonian books from
January (loan +111 m EUR; deposits +71 m EUR) This change was eliminated from 1Q 2008 change
24. 24
Performance against mid-term financial
targets
*Net loan losses = (changes in general and special provisions + net write offs) / credit portfolio at the beginning of the
year
<0.35%0.55%0.76%Net loan losses
168.9%
38%
32%
-14%
YTD 2008
<42%
>20%
>20%
BBTarget
168.9%Loan to deposit ratio
36%Cost-income
32%ROE on actual equity
-15%EBT growth, YoY
Q3 2008Estonia
33. 33
Large corporate portfolio
Credit losses relatively isolated in the real estate sector
Estonia Rating 6&7 exposures by industries
0 20 40 60 80 100
Commercial real
estate
Production
Retailing
Transportation
Other EURm
Q4 2007
Q2 2008
Q3 2008
Large corporate risk profile
0%
5%
10%
15%
20%
25%
1 1- 2 2- 3 3- 4 4- 5 5- 6 6- 7
Q4 2007
Q2 2008
Q3 2008
• Downgrades in large corporate (exposure >
EUR 0.8m) portfolio has been
counterbalanced with lending to customers
with low risk
• The main part of 6&7 ratings comes from
real estate sector (in particular residential
real estate development & early
development)
34. 34
Lending by sectors
Portfolio, (9053 EURm) Sept 2008
Other
22%
Individuals
44%
Transport
5%
Retail &
Wholesale
5%
Real-estate
mgmt
15%
Construction
3%
Industry
6%
35. 35
Real estate portfolio
Most sensitive part of portfolio to current changes in macro
environment. Developments according to expectation.
• The residential real estate development is the most
sensitive sector in Baltic Banking portfolio.
Sensitivity’ has started to appear in overdue and
default figures of corporate portfolio.
• Around 60% from total Real Estate
portfolio are cash flow generating
properties with good tenant mix.
• Properties under development process
(25% of RE portfolio) are currently affected the
most by decreasing prices and liquidity in the
market.
• Additional defaults in residential real estate
development sector are anticipated in 2008, but no
major surprises are expected due to previously
implemented portfolio limitations and individual
level monitoring. Restructuring capacity has been
put in place.
Real Estate
23%
6%
25%
25%
15%
6%
Office
Production &
Warehouse
Residential
Retail
Land plots
Other
36. 36
Other sectors under close watch
Transportation
Trucking companies are facing problems due to increasing fuel prices and lagging freight rates. This
global problem has started to reflect in Baltic Banking provisions (especially in SME segments) since the
beginning of the year.
Retail & wholesale
Well performing sector with low levels of overdues, but potentially vulnerable to decreasing consumption
Wood processing
Raw material price increase coupled with sales price downwards pressure have a negative impact on
Baltic wood processing industry. Current portfolio quality is around average with only few problem cases
observed. Additional problems may occur after export duties will be imposed on Russian round wood as
there is dependence on imported round wood in Estonia.
* Overdues over 60 days / 12 months old portfolio
38. 38
Mortgage delinquency rates*
Percentage of outstanding amount of loans
0
1
2
3
4
5
6
90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08
Swedbank
Estonia
USA
UK
Spain
Australia
Canada
France
Finland
Portfolio quality better than in more stable
developed markets
*Mortgages >90 days in overdues / portfolio
Note: Loans refer to mortgages for all countries except Finland and Italy where they include all loans to the households sector.
For Italy, they refer to new bad debts during the year as a percentage of outstanding loans.
39. 39
Mortgage portfolio
Mortgage risk profile
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
1 2 3 4 5 6 7 8 9 10 11 12
Portfolio, Dec-07 Portfolio, Sept-08
0
50
100
150
200
250
3Q05
4Q05
1Q06
2Q06
3Q06
4Q06
1Q07
2Q07
3Q07
4Q07
1Q08
2Q08
3Q08
0
500
1,000
1,500
2,000
2,500
3,000
3,500
Growth Portfolio (right hand scale)
Portfolio
• Employers in difficulties – lower workload, loss of work, problems with salary (drop or delay in payment): mainly in
companies connected to real estate, construction, transport, industrial goods, furniture and wood industry
• Change of employment
Main reasons for payment difficulty
40. 40
Mortgage LTV (indexed market values)
Portfolio average LTV below 60%
• Apartment / private house price drop in EE (- 22% from peak)
has reduced positive effect from portfolio ‘maturing’
• Higher LTV portfolio issued for safe ‘home loan’ segment
• No difference observed in overdue / default levels for ‘high’
and ‘low’ LTV segments.
Estonia
64%
68%63%
0
250
500
750
1000
2000 2001 2002 2003 2004 2005 2006 2007 2008
EURm
-20%
0%
20%
40%
60%
80%
21yAverage maturity
59%LTV, total portfolio - August '08
*Should be treated as conservative evaluation (do not
account for guarantees and other non-residential RE
collaterals)
EE
Indexed LTV values and
maturity for private apartments
/ houses*
Mortgage LTV and portfolio by year of origination
Mortgage portfolio - LTV
0%
10%
20%
0-
10%
10-
20
20-
30
30-
40
40-
50
50-
60
60-
70
70-
80
80-
90
90-
100
>100
Back book, Sept 08
41. 41
Summary
• Growth of Estonian economy has stopped
• Resulting fast rebalancing of the economy.
• Still high dependence on foreign funding (but not directly from the
international markets)
• Swedbank Estonia is showing relatively strong results, yoy income declined
by 14% caused by increasing loan losses and losses from equities trading.
• Efficiency still high
• The Bank’s main activity is managing credit portfolio and improving
efficiency
• Credit portfolio quality is deteriorating. Residential real estate development
under growing stress. No spillover to other sectors.
43. 43
Portfolio quality
Credit losses driven by real estate defaults
• Credit losses mostly driven by worsening macro situation
• Real estate (in particular residential real estate development projects) is the main driver of credit losses
• Trend is in line with updated credit loss forecast level
Estonia
0.55%31.6Total
0.06%0.1- Other
0.34%0.6- Car leasing
1.79%3.0- Consumer products
1.30%1.0- Revolving
0.13%2.7- Mortgage
0.27%7.5Private individuals
0.67%6.4SME/SSE companies (exposure <0.8m EUR)
0.32%2.1- Other
-0.16%-0.4- Transportation
0.45%0.8- Retailing
0.43%1.0- Production
1.76%14.3- Commercial real estate
0.84%17.8Rated companies (exposure >0.8m EUR)
RatioEURmNet loan losses, YTD 9m 2008
44. 44
Key financials
Estonia
29 bp57 bp50 bp58 bp76 bpNet loan losses
2.57%
38.0%
32.2%
83
153
153
113
298
YTD
2008
2.75%
36.0%
40.0%
131
178
178
107
298
YTD
2007
-7%
-37%
-15%
-15%
5%
-1%
12%
14%
Q3
% ∆YoY
-261
2
3
3
-2
5
-115
118
Q3
∆ QoQ
2,789
2.41%
39.9%
31.5%
26
49
49
40
99
4,998
8,128
Q2
2008
-36%
-14%
-14%
6%
0%
YTD
% ∆ YoY
4428EVA on allocated equity
2,7292,528Employees (FTE)2
105104Revenues
3638Expenses
2.74%
34.4%
38.5%
62
62
4,360
7,217
Q3
2007
52EBT
8,246Loans
4,883Deposits
2.76%Net interest margin
36.3%Cost-income
32.2%Return on equity1
52Net income
Q3
2008
in millions of EUR
1 ROE is calculated based on Swedbank capital allocation: 8.4% for the Baltics
2 without Group and IT
45. 45
Provisioning principles
• Credit portfolio losses are recognised through special and portfolio provisions
• Main guidelines for estimating provisions:
• Key regulations for provision estimation are: provisioning principles and provisioning rates
• Supplementary regulations are: LGD methodology and rating methodology
• Current provisions constitute 1.05% of credit portfolio (111 EURm portfolio provisions and 106 EURm
special provisions)
• General and special provision rates are back-tested once per year. Historically provisions have always
covered loan losses with a reserve
product specific LGDOverdue >90 daysFixed rate based on product typeRetail
fixed LGD (based on asset type for
leasing)
Overdue >90 daysFixed rate for all portfolioSME
Individual assessment based on
Net present value (based on
discounted value of revalued
collateral and cash flow)
Rating 6 - 7
default frequency (based on rating) *
LGD (based on credit analyst estimate)
Large corporate
Special provisioning for
impaired assets
Impairment trigger
Portfolio provisions
(for performing portfolio)
Portfolio segment
LGD – loss given default
46. 46
Regular process of outstanding loan review
• Portfolio quality improvement measures introduced already in 2007
– Increased risk margin in certain sectors (eg real-estate)
– Portfolio limitation and close individual level monitoring for higher risk segments
– Stricter product conditions (LTV, service ratio, previous credit history). Ongoing review
and adjustments Improved credit assessment process through better credit decision
support applications (scoring/rating tools)
• Share of real estate sector decreasing, existing portfolio regularly scrutinized
• Strengthened risk units
– Increased number of people dealing with problem loans
– Strengthened workout team
– Increasing cooperation with Swedabnk FR&R team
– Improved the quality and increased frequency of portfolio quality reporting
• Targets for new origination quality
• Regular loan review process includes
– Overall portfolio stress test once a year
– Extensive portfolio analysis 2x per year, monthly/quarterly portfolio reviews + ad hoq
individual portfolio deep-dive analysis
– Monthly "watch list” report
– IRB portfolio scoring 1x per month
• On the individual loan basis:
– Client rating review minimum 1x per year + review subject to material events
– Rating classes 5 and higher are subject to more frequent assessment
– Quarterly financials/covenants assessment
– For SME/SSE and private portfolio weekly overdue report (with client names identified)
47. 47
Credit quality management process
• Proactive management of watch list clients
– Private clients - communication on step-by-step actions to take before falling into
overdues. Development of standard remedial action to ensure serviceability of the credit
(assistance in family budget planning, restructuring of payments, postponement of
payments for temporary income loss; assistance in voluntary sale of assets)
– Corporate clients - proactive communication, frequent client meetings and positive
attitude to find solutions
• Overdue management - concentrates on time horizon from occurrence of distress situation
(either through late payment or on the bases of client information) to moving credit over to
restructuring or workout phase. The primary focuses in overdue management is:
– Process design for fast and prudent management of overdues, clear process ownership
– Constant re-evaluation of the tactics on their effectiveness and adequacy
– Clearly set timing and channel of client contacts
– Build capacity to work with distressed clients and adequate training of employees
– Centralized decision making
– Internal target setting and incentives to reach targets
– Up to time reporting and follow up on taken activities
• Distressed debt restructuring
– Defined tactics of restructuring. Solutions to ensure client serviceability of the debt
(based on industry of the client, collateral structure)
– Extended capacity to work with distressed clients
– Effective solutions for collected collaterals handling