IDR

How Strong Is the State of the Student Loan Repayment System?

Retrieved on: 
Wednesday, March 6, 2024
The Pew Charitable Trusts, Social, Seizure, Student debt, Social Security, COVID-19, Union, Organization, IDR, Forgiveness, FUTURE, Research, Education, Bank

WASHINGTON, March 6, 2024 /PRNewswire/ --The following is provided by Brian Denten, an officer and Ilan Levine, a senior associate with The Pew Charitable Trusts' student loan initiative.

Key Points: 
  • The last year has brought several changes for federal student loan borrowers, including options that are helping those feeling a financial burden get on a path to successful repayment.
  • Last August, the Biden administration launched an income-driven repayment (IDR) plan known as Saving on a Valuable Education (SAVE).
  • The administration also implemented a limited-time program called Fresh Start for borrowers who missed payments for at least 270 days—those in default status.
  • The ability to make $0 payments while staying current on loan repayment helps limit financial burdens.

EQS-News: Multitude SE: Fitch Revises Multitude's Outlook to Positive; Affirms IDR at B+

Retrieved on: 
Thursday, February 15, 2024
European, Fintech, Outlooks, RR6, Woodwind instrument, WKN, Fitch Ratings, IDR

Multitude SE: Fitch Revises Multitude's Outlook to Positive; Affirms IDR at B+

Key Points: 
  • Multitude SE: Fitch Revises Multitude's Outlook to Positive; Affirms IDR at B+
    The issuer is solely responsible for the content of this announcement.
  • Multitude SE: Fitch Revises Multitude's Outlook to Positive; Affirms IDR at B+
    Helsinki, 15 February 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company”) announces that Fitch Ratings has revised Multitude SE's and its fully-owned operating bank Multitude Bank plc's Outlooks to Positive from Stable, while affirming their Long-Term Issuer Default Ratings (IDRs) at 'B+'.
  • Multitude's senior unsecured notes have been affirmed at 'B+' with a Recovery Rating of 'RR4' and its subordinated hybrid perpetual capital notes at 'B-' with 'RR6'.

EQS-News: An outstanding year with promising prospects for robust growth in the future

Retrieved on: 
Monday, February 12, 2024
CFO, Senior, Central Europe, ICR, USD, Growth, Sale, Motorcycle, Fitch Ratings, Risk, Absa Bank Limited, IPO, CO2, IDR, Electricity, Eurobond, SDRR, FX

The successful results were driven by the efficient integration of the ExpressCredit business and outstanding performance in the Group’s European consumer markets.

Key Points: 
  • The successful results were driven by the efficient integration of the ExpressCredit business and outstanding performance in the Group’s European consumer markets.
  • Shortly after, Fitch Ratings assigned a rating of ‘B-‘ with a Recovery Rating of ‘RR4’ to the respective bonds.
  • In January 2024, the Group received all the necessary approvals from Belarussian government authorities with respect to the Mogo Belarus sale.
  • The sale is expected to be finished within 2024 once all aspects of the transaction, including asset refinance, will be implemented.

Temenos achieves market-leading Net Promoter Score highlighting trusted status and customer success

Retrieved on: 
Thursday, February 8, 2024
Cloud, Growth, ESG, KPI, NPS, IDR, Core banking, API, Tree, Trust, Digital banking, Risk, Fitch Ratings, Software as a service, LEAP, Dow Jones, Cryptocurrency

GENEVA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has achieved a market-leading Net Promoter Score (NPS) of +54 following a survey of over 900 customer contacts.

Key Points: 
  • GENEVA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has achieved a market-leading Net Promoter Score (NPS) of +54 following a survey of over 900 customer contacts.
  • NPS, an industry standard KPI, measures the propensity of customers to promote Temenos to prospective customers.
  • The score is reflective of Temenos’ status as the most trusted banking platform provider and leading position in the industry driving customer success and business growth.
  • Banks are putting their trust in Temenos to run their mission critical business as its banking platform has proven its robustness and resilience over the years.

Christine Cooper, Founder and CEO, aequum and Co-Chair of SIIA's Price Transparency Committee Presents at SIIA Healthcare Price Transparency Forum, February 2024

Retrieved on: 
Tuesday, February 6, 2024
Legal, Insurance, Finance, Hospitals, Professional Services, Practice Management, Other Health, Managed Care, Health, Federal, Multimedia, Policy, QPA, IDR, Plasma protein binding, Patient, SIIA, Government, NSA, Education, Lobbying, Health insurance

View the full release here: https://www.businesswire.com/news/home/20240206563553/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240206563553/en/
    SIIA Price Transparency Forum "I'm Attending" Graphic (Photo: Business Wire)
    “I am honored to lead this esteemed committee and to contribute to discussions that are crucial in bringing price transparency throughout the healthcare ecosystem,” says Cooper.
  • “Transparency is pivotal to ensure that patients are given the opportunity to make informed decisions about their healthcare.
  • “The government so significantly underestimated the number of surprise bills that would be taken through the Federal IDR Process,” she observed.
  • Transparency is about the future of employer-sponsored care, meaning plans are paying the right price for the correct patient care, in addition to doing all they can collectively to effectively manage rising costs.”

BRI's 2023 Stellar Performance: Earning Rp.60.4T Profits

Retrieved on: 
Thursday, February 1, 2024
Multimedia, Growth, IDX, Risk management, IDR, NPL, Digital, Tax, MSME, BRI, CASA, Development, Edhi Sunarso, PNM, CIR, Brimo, Yoy, Empowerment, LDR, TBK, BBRI, Woman

JAKARTA, Indonesia, Jan. 31, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) concluded 2023 with an exceptional financial performance, showcasing resilience and growth despite external challenges. The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.

Key Points: 
  • The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.
  • Effective risk management was another cornerstone of BRI's success, with Non-Performing Loans (NPL) controlled at 2.95% and NPL Coverage of 229.09%.
  • Despite high-interest rates, BRI achieved a 3.9% YoY deposit growth to IDR 1,358.3T by December 2023.
  • With over 740,000 agents, transactions reached IDR 1,427T in 2023, generating fee-based income of IDR 1.5T.

World Economic Forum 2024: BRI Highlights Ultra-Micro Holding's Role in Driving Inclusive Growth

Retrieved on: 
Friday, January 19, 2024
Woman, Sustainable business, Brimo, Bank Rakyat, Artificial intelligence, Multimedia, Sustainable Development Goals, WEF, IDX, PNM, AI, BBRI, IDR, Poverty, Growth, Renewable energy

During this event, Sunarso addressed critical topics pertinent to BRI, focusing on fostering inclusive economic growth and employment opportunities.

Key Points: 
  • During this event, Sunarso addressed critical topics pertinent to BRI, focusing on fostering inclusive economic growth and employment opportunities.
  • To tackle these challenges, Sunarso emphasized the need to establish an inclusive economic growth engine.
  • BRI, a state-owned enterprise, recognizes the value of profitability, which can be reinvested to drive social impact and stimulate economic growth.
  • BRI's commitment to inclusive growth is evident through the Ultra Micro Holding initiative, which includes BRI, Pengadaian, and PNM.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024
App Store (iOS/iPadOS), Digital, Trust, Multimedia, BRI, CASA, Pension fund, IDX, Confidentiality, BBRI, QR, Edhi Sunarso, IDR, Development, Google Play, Growth, Online shopping

(IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.

Key Points: 
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).
  • BRI also prioritizes data confidentiality with robust security measures like PINs, OTPs, and CVVs, making your mobile banking experience safe and secure.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024
App Store (iOS/iPadOS), Digital, Trust, BRI, CASA, Pension fund, IDX, Confidentiality, BBRI, QR, Edhi Sunarso, IDR, Development, Google Play, Growth, Online shopping

(IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.

Key Points: 
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).
  • BRI also prioritizes data confidentiality with robust security measures like PINs, OTPs, and CVVs, making your mobile banking experience safe and secure.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024
App Store (iOS/iPadOS), Digital, Trust, BRI, CASA, Pension fund, IDX, Confidentiality, BBRI, QR, Edhi Sunarso, IDR, Development, Google Play, Growth, Online shopping

JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.

Key Points: 
  • JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).