Credit Suisse didn’t implode. As it turns out, the shrill social media cacophony and sundry doomsday bloggers didn’t actually have the inside line on…A ‘Historic’ $4 Billion Meme Stock Restructuring
Trio the Nobel Laureates 2022, in Economics, asserted that banks are crucial to the economy, though also dangerous.Trio the Nobel Laureates 2022, in Economics, asserted that banks are crucial to the economy, though also dangerous.0 Comments
Trio the Nobel Laureates – 2022, in Economics, Ben Bernanke, Douglas Diamond & Philip Dybvig asserted banks are crucial to the economy, they are also dangerous.
The three laureates’ central insight was that banks were not the neutral intermediaries between savers and borrowers that other economic models had assumed. Instead, they offer vital services to the wider economy: gathering information on borrowers, providing a liquid means of saving and deciding to whom to extend credit. From this insight flows an important conclusion: because banks are crucial to the economy, they are also dangerous.
Money Protects (MP) endeavors along its products concept based on similar research on credit crunch and liquidity disequilibrium on macro econometrics cycles on global economies. MP embarks on open banking to leverage its product-services on maintaining the equilibrium of defaults due to liquidity and credit risks resulting in huge Non-Performing Loans/Assets. Gross loss due to massive withdrawals on contagion crisis shall always affect economies and GDPs of a countries. The imbalance created leave banks to do provision on impairments though problem stays much longer in the economies and along year-on-year addition of trillions of USD globally.
Money Protects inks agreement with Crowe MAK UAE, JRB Chartered AccountantsMoney Protects inks agreement with Crowe MAK UAE, JRB Chartered Accountants0 Comments
The objective at large is to target and reduce UAE’s NPL (Non-Performing Loans) impairments by Dh 20 billion in 3-5 years which has a yearly addition Dh150 billion.
Q3 edition of Wealth & Finance International Magazine, UK, published Money Protects as Most Dedicated Financial Solution Provider-UAE.Q3 edition of Wealth & Finance International Magazine, UK, published Money Protects as Most Dedicated Financial Solution Provider-UAE.0 Comments
Great evening with Nikhil Kamath, Co-Founder of Zerodha Traders & True Beacon, experienced the Unicorn founders bandwagon feel and inspirational talks. At Money Protects the vision of financial innovation, entrepreneurship and value addition in consumers’ problems at least cost are the key takeaway from talks.
Thanks Siby Sudhakaran and big support for your perseverance in startups initiatives and journey with #StartupME.
Thanks JRB Chartered Accountants and others being partnering with Money Protects for bigger journey.