Dinahs Doodles http://dinahsdoodles.com/ Mon, 07 Jun 2021 08:49:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://dinahsdoodles.com/wp-content/uploads/2021/04/cropped-icon-32x32.png Dinahs Doodles http://dinahsdoodles.com/ 32 32 The Community Financial Corpora – Consensus Says 6.7% Potential Rise https://dinahsdoodles.com/the-community-financial-corpora-consensus-says-6-7-potential-rise/ Mon, 07 Jun 2021 08:16:53 +0000 https://dinahsdoodles.com/the-community-financial-corpora-consensus-says-6-7-potential-rise/

Community Financial Corpus found using ticker (TCFC) now have 2 analysts covering the stock with consensus suggesting a rating of “Hold”. The range between the high target price and the low target price is between 30 and 27 and has an average target of 28.5. With the stock’s previous close at 26.7, this indicates that there is a potential upside of 6.7%. The 50-day MA is 26.33 and the 200-day moving average is 23.31. The company has a market capitalization of $ 154 million. More information on: http://www.cbtc.com

The Community Financial Corporation acts as the banking holding company for the Community Bank of the Chesapeake which provides commercial and retail banking services to individuals and businesses. Its deposit products include savings, money market, demand deposit, IRA, SEP and term accounts. The company provides loan products, such as commercial real estate and other non-residential real estate, residential first mortgage loans, residential rental mortgages, construction and land development loans, loans on Home equity and second mortgages, commercial loans, consumer and commercial equipment. It also offers safe deposit box, night deposit, safe deposit box, automated clearing house transaction, wire transfer, automated teller machine (ATM), online and telephone banking, mobile banking from retail and corporate, remote deposit capture, reciprocal deposit, merchant card, credit monitoring, investing, positive payroll, payroll, account reconciliation, bill payment, credit cards and vault services strong. As of December 31, 2019, it operated 12 banking centers in Waldorf, Bryans Road, Dunkirk, Leonardtown, La Plata, Charlotte Hall, Prince Frederick, Lusby and California, Maryland, as well as in Fredericksburg, Virginia; four loan production offices in La Plata, Prince Frederick, and Leonardtown, Maryland, as well as Fredericksburg, Virginia; and 15 ATMs. The company was previously known as Tri-County Financial Corporation and changed its name to The Community Financial Corporation in October 2013. The Community Financial Corporation was founded in 1950 and is headquartered in Waldorf, Maryland.

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Raymond Adderly grew up quickly after his father was murdered. Now at 17, he is a candidate for the Broward School Board https://dinahsdoodles.com/raymond-adderly-grew-up-quickly-after-his-father-was-murdered-now-at-17-he-is-a-candidate-for-the-broward-school-board/ Mon, 07 Jun 2021 08:03:42 +0000 https://dinahsdoodles.com/raymond-adderly-grew-up-quickly-after-his-father-was-murdered-now-at-17-he-is-a-candidate-for-the-broward-school-board/

At only 17 years old, Raymond Adderly III will likely be the youngest candidate running for a seat on the Broward County School Board this cycle. But he says he’s been on his way to public service since a tragedy over a decade ago.

“Yes, I’m a college student. Yes, I’m 17,” Adderly told Florida Politics during a conversation about his campaign. “But what really happened to me that sparked this passion for activism , this passion for helping others is the fact that at the age of 7, I saw a home invasion turn into murder. “

This murder claimed the life of Adderly’s father, Raymond Adderly Jr. The elder Adderly was a friend of the rapper Rick Ross and was a budding rapper himself. In December 2010, two men entered his house in Miramar with bandanas draped over their faces, demanding money.

Adderly Jr. gave them money. He was still kicked and then shot in the death.

The youngest Adderly is now seeking the general seat of School Board 8, which is currently held by a member of the school board Donna Korn. When talking about his campaign, Adderly III is confident and knowledgeable in a way that would stand out from most 17 year olds. This is all the more noticeable given his traumatic past.

“My father was gunned down in front of me, my two younger brothers and my mother in my own home in Miramar,” Adderly said. “And quickly I realized how speechless people really can be.”

Adderly, who is class president at Fort Lauderdale High School, wants his campaign to be a voice for students and others who he says are not fairly shaken by the current school board. Adderly, who will begin her senior year in the fall, says two of her biggest issues are increasing funding for mental health and focusing on renovating school campuses, especially in low-income communities.

On the mental health front, Adderly argues that county schools are operating without enough mental health counselors to serve a larger student body.

“If this continues to persist, we will continue to see children fighting. We will continue to see children become addicted to drugs in college to deal with their stress. We will continue to have a society where people don’t know how to empathize, ”Adderly said.

“When we start to take more initiative to deal with these issues, we will be in a much better position. “

He also pointed to the county schools which “have bad air conditioning, mediocre multimedia centers, very bad roofs.” Adderly submitted a partial roof collapse in March at Rickards Middle School in Oakland Park. Adderly echoed concerns from Broward teachers’ union Anne Fusco that some students and teachers were trapped during the event, but no one was seriously injured.

“The stories I heard from parents and students there were excruciating,” Adderly recalls. “It’s not something every parent should have to worry about when they send their child to a Broward County school.”

While the district worked to stabilize the Rickards, some students were sent to study at Broward College’s North Campus, while others learned at home.

“It’s not what parents want to hear,” Adderly said. “This is not what the students want to hear. They want to be in their classes. Someone has to be that voice to make sure the board knows it.

“When we have better facilities in Broward, we will stop losing children to charter schools and private schools. “

Adderly – who turns 18 on election day in August 2022 – and his young candidacy could be reminiscent of the school board’s campaign of the 19-year-old then. Elie Manley Four years ago. Manley also pursued Seat 8, but finished third in a three-way battle with Korn and the Parkland parent. Ryan small. Young Manley’s age was above his share of the vote, which reached just under 19%.

Korn won that race, but with her term expiring in 2022, she has yet to seek re-election. So far, only Adderly and John Moreno Escobar have officially filed with the county. Others might come in if Korn refused to introduce himself again. If she shows up again, Adderly would face a three-term holder.

Adderly told Florida Politics he would be ready anyway.

“Our campaign is ready to run for an open siege or against an incumbent,” he said. “It’s a movement. We are here to win it.

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Ziina, Backed by YC, Raises $ 7.5 Million Seed Led by Avenir Growth Capital and Class 5 Global – TechCrunch https://dinahsdoodles.com/ziina-backed-by-yc-raises-7-5-million-seed-led-by-avenir-growth-capital-and-class-5-global-techcrunch/ Mon, 07 Jun 2021 08:00:40 +0000 https://dinahsdoodles.com/ziina-backed-by-yc-raises-7-5-million-seed-led-by-avenir-growth-capital-and-class-5-global-techcrunch/

Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup of coffee or a trip for an extended period of time, cash back is your best bet. This is one of the many financial problems that have not been approached In the region.

The good news is that startups are springing up to provide solutions. Last month, Telda, an Egyptian start-up for two months now, raised an impressive sum as a pre-seed to offer digital banking services. Today, Ziina, another Dubai-based startup, has secured $ 7.5 million seed funding to expand its peer-to-peer (P2P) payment service in the Middle East and North Africa.

Ziina succeeded in recruiting the best global investors and founders of fintech in the cycle. Avenir Growth and Class 5 Global led this final round of financing. Wamda Capital, FJ Labs, Graph Ventures, Goodwater Capital, Jabbar Internet Group, Jasoor Ventures from Oman Technology Fund and ANIM also participated.

The founders who participated are Guillaume Pousaz, CEO of Checkout via his investment fund Zinal Growth; Krishnan Menon, CEO of BukuKas, as well as executives of Paypal and Venmo. This adds to a list of executives and early employees from Revolut, Stripe, Brex, Notion and Deel who have joined Ziina’s cycle.

According to the company, it has raised more than $ 8.6 million since its launch last year. This includes the $ 850,000 pre-seed raised in May 2020 and $ 125,000 secured after going through the winter lot of Y Combinator earlier this year..

Ziina was founded by Faisal Toukan, Sarah Toukan and Andrew Gold. It is the latest addition to the bustling Middle Eastern fintech ecosystem and capitalizes on the region’s rapid adoption of fintech-friendly regulation..

The company allows users to send and receive payments with fair a phone number – no IBAN or Swift code required as is the de facto method in the UAE and parts of the Middle East. It also claims to be the nation’s first licensed peer-to-peer social app “on a mission to simplify finances for everyone.. “

After meeting in a hackathon in the United States, Faisal and Gold began to exchange ideas on how to create wallets, wanting to reflect the successes of platforms like WePay, Paytm have had. At the time, VCs seemed to be interested in how the wallet ecosystem intersected with banking.

“The boundaries between portfolios and banking services have become really blurry. Every wallet has a banking partner, and the people who use wallets use them for their day-to-day needs, ”CEO Faisal Toukan told TechCrunch..

On the other handSarah, who is Faisal’s sister, was on her personal FinTech journey in London. There, she attended several meetings hosted by the founders of Monzo and Revolut. Using his knowledge and the experience of the other two, the founders decided that solving P2P payment issues was their own way to have a massive impact in the Middle East..

So how far have they gone? “We have launched a beta version for the market, but it is limited for regulatory reasons and essentially to keep us in check with the ecosystem, ”said Toukan. “Since then, we have been regulated. We have a banking partner, one of the three largest banks in the UAE, and we have created a new portfolio in a month. This is also what we have been working on throughout our time at YC. So it was a pretty eventful year.

The fintech sector in the MENA region is growing rapidly; in terms of digits, at a CAGR of 30%. In addition, in the United Arab Emirates, it is valued that more than 450 fintech companies will raise approximately $ 2 billion in 2022 compared to the $ 80 million raised in 2017. FinTech in the region are concentrated on the resolution of payments, transfers and remittances. Along with its P2P offering, these are the areas Ziina wants to play in, including investment and cryptocurrency services..

According to Toukan, it is not easy to make online investments and remittances are done in exchange houses, a manual process where people have to physically visit an office. “So what we’re looking to do is bring all of these products to life in the UAE and grow beyond. But the first problem we solve is that people send and receive money with two clicks, ”said the CEO.

Starting with P2P has its own advantages. First, peer-to-peer services are a repeated behavioral mechanism that enables businesses to build trust with customers.. In addition, it is a cheaper customer acquisition model. Toukan says that as Zinna gets bigger geographically – Saudi Arabia and Jordan in 2022; and Egypt and Tunisia in a few years – he wants the company’s portfolio to become essentially seamless border. “We want a situation where if you move to Saudi Arabia or Dubai, you can use the same wallet instead of using different banking apps,” he added..

Being on the right side of regulation is key to any fintech expansion. And despite the region apparently friendly fintech regulatory ecosystem, this has been a huge hurdle that Ziina had to overcome, according to Toukan. Second, find the right banking partners. “You must argue with the banks that it is essentially a mutually beneficial partnership. And the way we did it is to essentially highlighting different cases around the world like CashApp which has worked with South Bank, ”he said.

Now that the business has overcome these challenges and is in full swing to get started. Presently, Ziina has up to 1,000 users, who Toukan says processed over $ 120,000 in volume last month. The company also has 20,000 people on its waiting list for to be embarked after launch.

Ziina has already built a team with experience in tech companies like Apple, Uber, Stanford, Coinbase, Careem, Oracle and Yandex. It plans to double its hires with this new investment and the acquisition of customers and to establish commercial partnerships..

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What You Do Online Can Help You Get The Loan You Need https://dinahsdoodles.com/what-you-do-online-can-help-you-get-the-loan-you-need/ Mon, 07 Jun 2021 05:21:00 +0000 https://dinahsdoodles.com/what-you-do-online-can-help-you-get-the-loan-you-need/

Need a loan but your credit history is poor or poor? Now you can leverage your online activities via desktop, tablet or mobile and possibly get a Yes for your app.

Traditional loan companies such as banks don’t just collect personal information from loan applicants to help them decide whether to approve or decline. They also have a scoring model to check if you have the ability to pay. They look at your income, the assets you own, and your current debts or loan payments that you still make. Plus, they review your credit history and check for any debts you have left unpaid or if you have any credit experience.

The irony here is that most of the people who apply for loans are those with insufficient income to meet their needs (and possibly their wants), with little or no assets, and several running liabilities. Worse yet, they may have missed paying a credit card or utility bill in the past when they’ve been through a rough patch. There are also those who have no experience with credit, including new graduates who are looking for work or have just started working.

If they cannot access credit from regulated companies like banks, they fall prey to informal lenders where interest rates are far too high and missed payments can cause debt to rise beyond the limit. debtor’s capacity to pay.

Changing our outlook on credit

Is there a happy medium between these two extremes? This is where the fintech company CredoLab Between.

Launched in 2016, the Singapore-based company, now present in 15 countries, aims to change the world’s outlook on credit.

According to Shaun Scheepers, regional sales manager for Asia, CredoLab is stepping up the game “by giving lenders access to a new approach to assessing risk – using alternative data. With our integrated scoring solution, companies can convert metadata from customers’ smartphones or behavioral data from the web into highly predictive indicators of possible requester delinquency in real time.

Before you get lost in the technical jargon, we asked Shaun to explain this in simpler terms.

Good news for concert workers and new graduates

“If you are a concert worker without a fixed monthly salary or a new graduate, you are automatically at a disadvantage in getting your credit application approved,” says Scheepers.

Let’s call our concert employee Juan. He is motivated and has the potential to start his own business. Scheepers says the traditional credit reporting system will most likely reject Juan’s loan application due to lack of information about his financial health. “CredoLab is leveling the playing field for candidates like Juan. By taking into consideration their behavioral data and willingness to repay the loan, we can provide them with a strong case, leading to a higher likelihood of their approval.

If Juan approaches a bank or lender that uses CredoLab’s built-in rating technology, he will be asked for permission to share non-personal data from his web browsing history. Once he says yes to this unique access, “within seconds his credit score is generated and sent to the lender.” If his score falls within the range that indicates he is a creditworthy customer and follows the other rules of the lender’s credit policy, he is instantly approved, ”says Scheepers. It further ensures that “CredoLab only uses data consented to by the first party, so that the end user always controls what data he accesses”.

And if you think your prepaid phone plan is putting you at a disadvantage, think again. “We are looking at the metadata of the smartphone, not the network or the subscription plan,” Scheepers says.

So what exactly is metadata? CredoLab, if it has access to your smartphone, will look at up to 50,000 data points and they can include checking your calendar (for example, how many events were scheduled on a weekday vs. end, but not what the event is or who are participating in it), storage (such as the number of media files versus documents, without looking at the contents of the files) and contacts (not the actual contact information, but if the contacts are grouped or not). All of these elements combined will give CredoLab and its lending partner behavioral information about the customer.

Post-COVID-19 credit recovery

Beyond approving loans for Juan and people like him, CredoLab boldly claims that their alternative credit score can uplift an entire population, which is quite timely as the world’s economies try to recover from the slump. financial devastation caused by COVID-19.

“When we look at traditional credit scoring in the Philippines, most financial institutions generate credit scores based on only a handful of personal attributes. At CredoLab, we open up financial opportunities to anyone who owns a smartphone, even without a credit history or credit bureau data, ”says Scheepers.

Match made in internet heaven

Considering the growing Filipino love affair with cell phones and all that is web based, this could be a perfect match in internet heaven.

Scheepers pleads his case by pointing out that “in 2019, approximately 57.6% of the Filipino population used a smartphone. By 2025, it is predicted that around 77.1% of the entire population will use smartphones. By allowing more users to access loans with confidence, more of them are able to pursue their financial aspirations without compromising their privacy. “

CredoLab is gaining support in countries like the Philippines and Indonesia with a large pool of unbanked customers.

Here at home they work with CIMB digital only bank, where CredoLab played a key role in bringing the customer journey online and simplifying the onboarding process. “In just 10 months of its launch, CIMB has gained 1 million customers, and in 3 months of launching its personal loan product, they have seen 50,000 customer requests. When the pandemic hit, CIMB saw the average balance per customer and the average inflow per customer increase by 350% and 400%. By working closely with financial partners such as CIMB, we are able to promote financial literacy and encourage greater adoption of fintech solutions, helping Filipinos have more confidence in their financial decisions.

Scheepers adds that “one of the major Indonesian banks saw an 85% rejection rate and low predictability in their existing underwriting process prior to working with us. Using our custom credit scoring algorithm, the bank was able to analyze metadata from customers’ smartphones, resulting in a 107% increase in approval rates. This means that more Indonesians have been able to access credit scores and financial solutions, while protecting their privacy. “

By giving its financial partners an extra layer of behavioral information, CredoLab is helping open more lines of credit to unbanked and underbanked people “so our clients can take a confident ‘yes’ approach more often,” concludes Scheepers.


Warning: The opinions expressed in this blog are those of the blogger and do not necessarily reflect those of ABS-CBN Corp.

blog roll, blogroll, Aneth Ng Lim, Pay term, loans, loans, credit rating, fintech companies, fintech, CredoLab, smartphone metadata, Shaun Scheepers, digital banking, CIMB

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QIB awarded Islamic Bank of the Year in Qatar and UK https://dinahsdoodles.com/qib-awarded-islamic-bank-of-the-year-in-qatar-and-uk/ Sun, 06 Jun 2021 06:48:27 +0000 https://dinahsdoodles.com/qib-awarded-islamic-bank-of-the-year-in-qatar-and-uk/

(MENAFN – The Peninsula) The Peninsula

Doha: Qatar Islamic Bank (QIB) received the prestigious “Islamic Bank of the Year in Qatar” award for the 9th consecutive year and “Islamic Bank of the Year in UK” at the Islamic Bank of year 2021 of Banker Magazine.

The two prestigious titles were awarded to QIB Qatar and QIB UK respectively, in recognition of their outstanding performance through 2020 and their success in outperforming the competition in terms of financial performance, digitization of banking products and innovation in the world of Sharia compliance. banking in Qatar and the United Kingdom.

Founded in 1926, The Banker Magazine is read by top decision makers from the world’s largest financial institutions. Through its annual Islamic Bank of the Year awards program, the publication produces comprehensive rankings of top Islamic financial institutions to promote and reward excellence within the global Islamic banking community.

Commenting on the awards, Bassel Gamal, CEO of QIB Group, said: “We are honored to have once again received the Islamic Bank of the Year award in Qatar as well as in the UK, further testimony to our success. in sustaining banking in Qatar and beyond with the support of the Board of Directors and the efforts of all QIB employees.

“QIB has transformed Islamic banking in Qatar, the region and around the world with innovative and digital products and solutions. Our customer-centric approach and commitment to excellence have positioned us better to continue to execute our long-term business strategy, while remaining focused on creating value for our shareholders and revolutionizing the industry ”, Gamal concluded.

Rated “A1”, “A- / A-2” and “A” by Moody’s, S&P and Fitch with stable outlook, QIB has managed to maintain positive financial performance levels in 2020 despite the impacts of the COVID- pandemic. 19. QIB recently announced the results for the period ended March 31, 2021. Net profit attributable to shareholders of the Bank amounted to QR 750 million for the period ended March 2021, an increase of 9.1% from compared to the same period in 2020.

Being the first and only Islamic bank in Qatar to introduce end-to-end digital products through its mobile app, such as instant finance, instant credit card, digital onboarding, and domestic worker digital account, QIB continues to serve its customers in the fastest, safest and most convenient way. Thanks to QIB’s award-winning mobile app, new customers can open their first account and existing customers get personal financing or a credit card in just a few simple steps in less than 5 minutes.

QIB is also the only Islamic bank in Qatar to launch a business-only mobile app, an integrated host-to-host (H2H) online payment management solution for its large businesses and SMEs, and the only Islamic bank in Qatar to launch a suite of integrated services through its smart point of sale, including postal delivery services and telecommunications billing and payment.

QIB UK posted positive financial performance on key metrics in 2020 including net earnings, return on equity, cost-to-income ratio and non-performing loan ratio. The Bank has also launched a mobile banking project which now allows private customers to access their bank accounts via the Internet or mobile. This digital solution enables QIB UK customers to manage their banking needs remotely, including account, card and payment management from anywhere in the world, 24/7.


Disclaimer: MENAFN provides the information “as is” without any warranty. We do not accept any responsibility for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have any complaints or copyright issues related to this item, please contact the supplier above.

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Metric assesses your ability to repay your personal loan; Check the steps to calculate your score here-India News, Firstpost https://dinahsdoodles.com/metric-assesses-your-ability-to-repay-your-personal-loan-check-the-steps-to-calculate-your-score-here-india-news-firstpost/ Sun, 30 May 2021 02:16:50 +0000 https://dinahsdoodles.com/metric-assesses-your-ability-to-repay-your-personal-loan-check-the-steps-to-calculate-your-score-here-india-news-firstpost/

A credit score above 750 is considered excellent and may get approval for a personal loan at lower interest rates

Representative image. Reuters

A personal loan is one of the most common borrowing options for people who are looking for funds for a variety of personal reasons. In India, some of the best personal loans help borrowers access great value sanction online and in minutes.

Among the many factors, this ease of access is totally dependent on your eligibility, one of the main factors of which is the credit score. Usually, lenders in India will require borrower to have minimum CIBIL score of 750. The higher the CIBIL score, the easier the processing time of these loans will be.

What is the CIBIL score?

This is a three-digit credit rating assigned by TransUnion CIBIL Limited. The CIBIL score or credit score is a number that is on a scale of 300 to 900 points. With these points, based on your credit history, lenders are able to decide a person’s creditworthiness or ability to repay a loan. Then they decide on the eligibility of the loan and the applicable loan terms accordingly.

A credit score above 750 is considered excellent and can get approval for a personal loan at lower interest rates. However, if your CIBIL score is below 750, an individual can still apply for a personal loan, but the interest rate odds can be high.

The CIBIL score is calculated on 4 key factors, which are:

Frequency of loan requests: People with multiple credit applications or previous loans can have a negative effect on the score, as it means that past loans may be equal to the current amount.

Payment history: If an individual has a credit history that reflects late payments or defaults, your credit score is likely to decline.

Use of credit: Borrowers who use a high percentage of their assigned credit limit indicate an increasing reliance on credit. It can also be another negative factor that can affect the credit rating.

Combination of credits: To have a positive impact on the credit score, a person must have a balance between secured and unsecured debt.

Steps to calculate the CIBIL score for free:

Step 1: Connect to the CIBIL website https://www.cibil.com/ and click on the ‘Get Your Free CIBIL Score & Report’ tab

2nd step: Create a Account by entering your personal information, such as your name, email id, proof of identity, pin code and phone number

Step 3: After creating an account, click on the “Accept and continue” tab. You will receive an OTP on the registered mobile number

Step 4: Enter the OTP and complete the verification process (before that you will be taken to a new window, where it confirms your registration)

Step 5: Finally, click on the option “Go to the dashboard” to view your credit score.

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Oakland County’s luxury home market is booming https://dinahsdoodles.com/oakland-countys-luxury-home-market-is-booming/ Sun, 16 May 2021 04:14:00 +0000 https://dinahsdoodles.com/oakland-countys-luxury-home-market-is-booming/

Oakland County is a luxury home buyer’s dream for a number of reasons, real estate agents agree. It’s ideally positioned near major cities such as Detroit and airports, but the county also offers cities that feel rural or suburban. The housing stock is extremely diverse, from high-end lofts to century-old houses to new constructions. It is also home to leading educational institutions and close to Michigan’s top universities.

Residential real estate in Oakland County, especially at the luxury level, will also benefit next year as Michigan is likely to attract new residents from cities like Chicago and New York who are looking for more lifestyles. calm or downsizing as they seek to retire. , Real estate agents said.

Nationwide, new home sales and housing starts are at their highest level since 2006. Even more telling is that the supply of homes for sale is at its lowest level since the 1970s. According to Goldman Sachs Research, competition between desperate buyers for what homes are out there and a low interest rate environment has pushed prices up 12% over the past 12 months – and this trend is expected to continue until the end of the year.

Falling interest rates have also had an impact on luxury homes. Brundage said $ 1 million to $ 1.5 million homes were often paid for in cash in the past. Now buyers are taking out a mortgage because they can make more money by leaving their money on the stock market, which has worked well since the pandemic.

RE / MAX of Southeast Michigan said there were 330 homes for sale priced at $ 1 million and up for March 2021, down 5.2% from last year. During this period, 34 homes were sold, which is a 36% increase over last year.

There’s a 4.9-month supply of premium inventory, and these listings spend an average of 72 days in the market. The days on the expensive home market are typically longer than most because these buyers “have that luxury of having time to sleep on them,” Bradford said, and the viewings can take longer to put in. up because buyers must prove they have financing for Properties.

Donna Barlow has lived in Oakland County for over 40 years and knows the market well. Barlow, who works as a real estate agent at Signature Sotheby’s International Realty in Birmingham, said the longer days in the market were a result of the houses themselves and the expectations of sellers. She said it could take four months to market a million dollar real estate ad, from planning the sale to staging and marketing to buyers.

The pandemic has also extended that time frame in some situations, Barlow said. She had a salesperson who didn’t want any sales signage in the yard and didn’t want anyone to come into the house unless he had a coronavirus test and he came back negative.

But she has a new list in Oakland Township that she’s working on that will likely be marketed for $ 7 million vacant, so scheduling visits will be easier. Barlow said she expected the sale to be faster and easier than others.

“A lot of people in the high end market didn’t want people in their homes. And when you have bigger homes, you have more money and bigger decisions,” Barlow said. “But we had our best year (in terms of sales) and we didn’t have any downtime. It was just go, go, go.”

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Chart of the week – Gold (cash) ‘s impulsive upward movement sequence remains intact https://dinahsdoodles.com/chart-of-the-week-gold-cash-s-impulsive-upward-movement-sequence-remains-intact/ Sun, 09 May 2021 05:09:06 +0000 https://dinahsdoodles.com/chart-of-the-week-gold-cash-s-impulsive-upward-movement-sequence-remains-intact/

VSheart of the week – Gold (cash)

The sequence of impulsive upward movements of gold (cash) remains intact

Short term technical analysis

click to enlarge the graph

Time stamp: May 8, 2021 at 2:30 p.m. SGT

  • In our previous “Chart of the Week” published in the Weekly Newsletter of March 8, gold (cash) rallied and hit the resistance / target of 1,755/65 as expected. Since its low on March 31, 1677, gold has shaped a bullish movement of + 9.9% to print a high of 1,843 on Friday May 7.
  • The positive elements remain intact; The 4-hour Relative Strength Index (RSI) has not issued any signals of bearish divergence in its overbought zone. Second, its price action shaped a strong + 5% rise after retesting the old neckline resistance of 1,755 from the mid-term “Double Bottom” bullish reversal pattern on April 29.
  • 1 790 short-term key pivot support (also the ascending trendline from the March 31 low) for a further potential push towards the intermediate resistance of 1870 before the risk of minor withdrawal / consolidation sets in. Subsequently, the next resistance to watch will be the significant major zone of 1940/1965 where the bulls were rejected twice on November 9, 2020 and January 6, 2021, leading to a -14% drop to print the recent March low of 1677. A weekly close above 1,965 is likely to signal the start of a potential major uptrend phase.
  • In contrast, an hourly close below 1,790 reverses the short-term bullish tone for a retest on the key medium-term support area of ​​1,765/55.

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QIB named Qatar Digital Bank of the Year and wins Best Mobile Banking Experience award https://dinahsdoodles.com/qib-named-qatar-digital-bank-of-the-year-and-wins-best-mobile-banking-experience-award/ Sun, 02 May 2021 07:13:00 +0000 https://dinahsdoodles.com/qib-named-qatar-digital-bank-of-the-year-and-wins-best-mobile-banking-experience-award/

Qatar Islamic Bank (QIB) was recognized as ‘Digital Bank of the Year’ and ‘Best Retail Mobile Banking Experience’ in Qatar at the 2021 Digital Awards of Asset Triple A magazine.

This recognition reflects QIB’s success in maintaining its leadership in digital banking in Qatar, enabling its clients to meet their banking needs remotely through the Bank’s innovative digital channels and services.

The recognition of the award took place in a virtual ceremony on April 28, during which QIB was represented by D. Anand, Managing Director of QIB – Retail Banking Group, and Dinos Constantinides, Director of Strategy and digital from QIB.

Dinos Constantinides said, “QIB continues to revolutionize the digital banking scene in Qatar with the introduction of innovative digital products and services related to everyday banking needs, from opening an account to instant execution of personal finance and financing. credit card.

Last year, we launched a new banking channel, the QIB Corporate Mobile app, while constantly improving our Retail Mobile app as well as Internet Banking portals for individuals and businesses.

As a result, and in light of the pandemic, we have experienced the highest level of customer engagement ever on QIB digital banking channels, enabling all of our retail and business customers to remotely meet their banking needs.

D. Anand, said: “Thanks to our relentless investment in upgrading our mobile banking services, the QIB mobile app has become the preferred channel of all of our retail customers and the one stop shop that offers them the most trusted banking. fastest and most secure. experience in Qatar.

With over 100 features and services, the mobile app now enables our customers to meet most of their banking needs in minutes, from sending local and international money to full control of their accounts and cards 24 / 7 and from anywhere in the country. world.”

QIB’s recognition as “ Digital Bank of the Year ” follows the Bank’s exceptional success in launching a series of new digital banking solutions in a short period of time to help clients meet all of their remote banking needs, and in light of COVID-19, where QIB has seen an acceleration in the introduction of innovative digital products and services.

The Bank has also been successful in dramatically increasing customer confidence and the use of digital channels to meet most of their banking needs in just a few minutes, including local and international transfers and payments, card application and management. and financing, opening and managing new or additional accounts and much more.

QIB received the “ Best Retail Mobile Banking Experience ” award for providing its retail customers with the best, safest and most secure banking experiences through the QIB mobile app, and for its success in the introduction of innovative services and app updates over the past year.

With over 100 features, the QIB mobile app has become the preferred banking channel for customers and a digital one-stop-shop to meet all their banking needs from any location in the world and anytime with 24-hour accessibility. and 7 days a week.

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QIIB reports net profit of QR 280.7 million for the first quarter https://dinahsdoodles.com/qiib-reports-net-profit-of-qr-280-7-million-for-the-first-quarter/ Thu, 29 Apr 2021 07:56:00 +0000 https://dinahsdoodles.com/qiib-reports-net-profit-of-qr-280-7-million-for-the-first-quarter/

QIIB Chairman and CEO Sheikh Dr Khalid bin Thani bin Abdullah Al Thani announced the results of the bank’s activities for the first quarter ending March 31, 2021, which showed positive results and remarkable progress in the various items in the Bank’s balance sheet.

The bank achieved a net profit of QR 280.7 million at the end of the first quarter (Q1) 2021, compared to QR 267 million at the end of Q1-2020, with growth of 5.1%. Following the meeting of the bank’s board of directors held to discuss the results of the first quarter of 2021, Sheikh Dr. Khalid bin Thani said: “We are satisfied with the continued performance of the bank. bank facing challenges.

It is clear that QIIB has been able to adapt its strategy to the latest market developments and benefit from the great potentials of the Qatari economy in all areas and sectors, with the support, patronage and advice of Amir HH Sheikh Tamim bin Hamad Al Thani.

He said: “The positive trends seen in the local business sector in the first quarter of 2021 have been reflected in our results. In fact, today we are reaping the rewards of the wise decisions the government has made since last year to deal with the repercussions of the coronavirus pandemic, which has had the greatest impact on many sectors.

And thank God, the Qatari economy has been able to maintain its steady growth and achievements, and maintain its leadership and prosperity, which has reflected on the banking sector and its ability to carry out its plans and strategies ”.

QIIB’s net operating income at the end of the first quarter was QR 436.5 million compared to QR 426 million at the end of the first quarter of 2020. The total assets of the Bank at the end of the first quarter increased by 3.5% to RQ 62.3 billion compared to RQ 61.3 billion in the corresponding period of 2020.

The bank’s financing assets increased to QR 42 billion at the end of Q1-2021, from QR 38.5 billion at the end of the corresponding period of 2020. The Chairman and CEO said, “QIIB has successfully faced unexpected risks and continued to achieve positive growth and results.

More importantly, he was able to turn challenges into opportunities and accelerate his digital transformation plans in a very efficient manner, which had a positive impact on his operational efficiency.

In fact, it is very encouraging because it opens new horizons for the bank, and makes us rely on the experiences that we have accumulated for the benefit of our bank, our customers and our shareholders ”. He said: “QIIB has continued to work with different sectors and participate in the financing of many projects, such as infrastructure and those related to SMEs.

The bank also actively interacts with various lines of business, reflecting the confidence of these sectors in QIIB as a major provider of banking services and the ability of the Bank to respond to market competition and bring its financing activities to a higher level. any other level, while maintaining a distinguished risk. management policy.

This is evidenced by the low level of bad or non-performing loans, which are considered among the weakest in the local banking sector ”. Sheikh Dr. Khalid bin Thani expressed satisfaction with QIIB’s continued journey towards excellence and its ability to achieve a strong financial position reflected by the bank’s credit ratings.

“Capital Intelligence confirmed QIIB’s rating at“ A ”with a stable outlook, preceded by Fitch who confirmed the bank’s already strong rating at“ A ”with a stable outlook. Likewise, Moody’s confirmed the bank’s rating at “A2” with a stable outlook “

QIIB Chairman and CEO expressed optimism for the coming period and the continued positive performance of the bank, especially with the new stimulus package approved by the government to deal with the possible repercussions that could result from the decisions. lockdown due to the spread of the coronavirus.

With regard to the banking sector, these decisions mainly provided that the Central Bank of Qatar will continue to support the liquidity of local banks, if necessary, which would strengthen the positions of Qatari banks and provide them exceptional support to deal with ” less market developments ”.

Sheikh Dr. Khalid underlined: “The bank will continue to focus its strategy in the coming period on the local market, while cooperating with different economic sectors, financing multiple projects and paying special attention to small and medium-sized enterprises, as they are key contributors. serving the Qatari community, in accordance with the principles of Qatar National Vision 2030. ”

He praised the sincere efforts of QIIB senior management and staff to achieve positive results, improve performance and respond to competition, as well as the challenges of unforeseen circumstances, while seeing trends positive in various performance indicators.

He urged all QIIB employees to continue their efforts to strengthen the position of the Bank and achieve the best results for the benefit of all ”. For his part, QIIB, CEO Dr Abdulbasit Ahmed Al Shaibei detailed the bank’s results for Q1-2021, and said: “QIIB’s net operating income at the end of the first quarter was 436.5 million. of QR versus 426 million QR at the end of the first quarter. In the first quarter of 2020, with a growth rate of 2.5%, the bank also continued to improve its operational efficiency, which contributed to a further decline in the cost-income ratio to 18.9%, considered the one of the best ratios in the Qatari banking sector.

The bank maintained a low ratio of non-performing loans at the level of 1.57%, which confirms the quality of the bank’s financing portfolio ”“ QIIB’s total assets at the end of the first quarter increased by 3, 5% to QR 62.3 billion compared to QR 61.3 billion in the corresponding period of 2020 ”.

Dr Al Shaibei said: “The bank’s financing assets increased to QR 42 billion at the end of the first quarter of 2021, compared to QR 38.5 billion at the end of the corresponding period of 2020, which represents a growth rate of 9.2%. “

The CEO underlined: “The volume of deposits rose to QR 38.2 billion at the end of the first quarter of 2021, while the capital adequacy ratio (under Basel III) reached 17.38%, higher than to the ratio required by the Central Bank of Qatar, which is 12.5 percent ”.

He asserted: “The results of QIIB during the first quarter reflect the harmony with the indicators of the Qatari economy, which has been able to overcome the various emerging circumstances, in particular those related to the coronavirus pandemic and the turmoil of the global market resulting from the persistence of the pandemic in various countries around the world ”.

Dr. Al Shaibei said: “We are monitoring the implementation of our strategic and intermediate plans defined by the board of directors of the bank, which focus on the local market and the financing of various large infrastructure projects.

We also pay special attention to SME enterprises, due to their huge impact on development, as QIIB continues to collaborate with Qatar Development Bank in this regard. “In addition, we believe that the government’s decision to extend the national guarantee program to support these projects will have a positive impact on their continuity at a good pace.”

The CEO noted, “During the first quarter of 2021, QIIB continued to drive innovation to deliver technology and financing solutions that meet the needs and aspirations of our customers.

We were able to provide a qualitative complement to our bouquet of digital services by offering financing to customers via digital channels (mobile banking and internet banking).

“Customers can now obtain personal financing without having to visit the bank’s branches, which is one of the solutions provided by the bank as part of its digital transformation process. Many similar measures have already been taken by the bank in response to emerging circumstances and challenges ”.

In terms of digital transformation, Dr Al Shaibei said: “QIIB was the first bank in Qatar to announce the launch of the visual banking phone service, which is an important channel, which customers can use through their mobile phone to acquire many banking services. without the need to visit bank branches.

The bank recently launched the QIIB-Pay platform for contactless payment services. And we are currently focused on developing our digital channels, with most of the bank’s services now available through these channels.

We hope that all services will be delivered through the digital platforms in order to easily meet the banking needs of customers and increase the operational efficiency of QIIB. Dr Al Shaibei expressed his optimism about the coming period and QIIB’s ability to achieve the target growth figures and gradually implement the established plans, while relying on its great financial value and ability to take advantage of the opportunities available in the local market, responding to market challenges and competition and choosing appropriate low-risk external opportunities ”.

In the area of ​​human resources, affirmed the CEO of QIIB, “QIIB continues to implement its Qatari policy and to attract Qataris to join the different departments of the bank, while offering them career development opportunities. career through qualification and training, and by appointing them to specialist and managerial positions. with the aim of strengthening the presence of Qataris in all the Bank’s executives ”.

Regarding corporate social responsibility, Dr Al Shaibei underlined: “QIIB places its role in the service of the community at the top of its priorities, thus seeking to offer banking products and services that bring added value to society. and meet the needs of society in an efficient and appropriate manner.

The Bank also continues to forge partnerships and to support and sponsor numerous community initiatives in various fields, with an emphasis on education, obviously due to its role in the advancement and development of society ”.

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Abbes wins the Prix Dormane de la PA Gr3

29 Apr 2021 – 10:03 AM

It was a special day for the French coach registering a 1-2-3 in this competition as the finalist and the third are also coached by him.

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