RDB

Partial Policy Life Settlements with LifeRoc Capital Offer Enhanced Financial Flexibility to Policyholders

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星期一, 三月 11, 2024

A Retained Death Benefit (RDB) (aka partial policy life settlement) is a strategic life settlement option, enabling policyholders to sell their life insurance for a lump sum now while retaining a portion of the death benefit for their beneficiaries later.

Key Points: 
  • A Retained Death Benefit (RDB) (aka partial policy life settlement) is a strategic life settlement option, enabling policyholders to sell their life insurance for a lump sum now while retaining a portion of the death benefit for their beneficiaries later.
  • "Partial Policy Life Settlements can help provide immediate liquidity for policy owners, but also a future death benefit for their beneficiaries.
  • "Advisors and agents are using Partial Policy Life Settlements to create meaningful dialogue with clients," Giroux went on to say.
  • Recognizing this demographic trend and the need for adaptability, LifeRoc Capital uses a wide variety of Partial Policy Life Settlements to address a changing financial landscape and the lifestyle adjustments many seniors face today.

EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows

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星期五, 四月 5, 2024

EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows

Key Points: 
  • EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows
    The European Banking Authority (EBA) today published its Q4 2023 quarterly Risk Dashboard (RDB), which discloses aggregated statistical information for the largest EU/EEA institutions.
  • EU/EEA’s banks capitalisation stands at record levels, liquidity has improved, while return on equity (RoE) stood at 10.3%.
  • Yet, early signs of credit quality deterioration have become more apparent.
  • Financial market conditions during the first months of 2024 were benign with high level of debt issuances from banks.

EU/EEA banks: benefits from rising interest rates are stabilising, the EBA says

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星期二, 十月 17, 2023

EU/EEA banks: benefits from rising interest rates are stabilising, the EBA says

Key Points: 
  • EU/EEA banks: benefits from rising interest rates are stabilising, the EBA says
    10 October 2023
    The European Banking Authority (EBA) today published its Q2 2023 quarterly Risk Dashboard (RDB).
  • The less positive growth outlook for China creates additional risks for the European economy.
  • - The European Union and European Economic Area (EU/EEA) banks maintained robust capitalisation levels in the second quarter.
  • Banks’ net interest margin (NIM) increased further, yet the quarterly growth rate was slower than in previous quarters.

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

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星期四, 七月 13, 2023

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

Key Points: 
  • EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
    13 July 2023
    The European Banking Authority (EBA) today published its Q1 2023 quarterly Risk Dashboard (RDB).
  • Banks’ profitability continued to increase, and their capital, funding and liquidity ratios remain strong.
  • Bank debt issuance has resumed after a temporary halt due to the Silicon Valley Bank (SVB) and Credit Suisse (CS) induced turmoil.
  • - The uncertain economic outlook has resulted in lower consumer and business confidence as well as reduced risk appetite among banks.

RavenDB Welcomes David Baruc as Chief Revenue Officer: Seasoned Tech Leader to Drive Global Sales and Accelerate Growth

Retrieved on: 
星期二, 六月 13, 2023

HADERA, Israel, June 13, 2023 /PRNewswire/ -- RavenDB, the leading global NoSQL document database, today announced the appointment of David Baruc joining its leadership team as Chief Revenue Officer (CRO) to fuel its continued global expansion.

Key Points: 
  • HADERA, Israel, June 13, 2023 /PRNewswire/ -- RavenDB , the leading global NoSQL document database, today announced the appointment of David Baruc joining its leadership team as Chief Revenue Officer (CRO) to fuel its continued global expansion.
  • With high performance and fully transactional (ACID) data integrity, RavenDB is the trusted solution for over 1,000 organizations, including Fortune 500 and global enterprises.
  • Having joined RavenDB in 2022 as the head of global sales, David's promotion to CRO solidifies his role in leading RavenDB's worldwide sales teams and operations.
  • I'm thrilled to be part of an amazingly talented team in a space I love," said David Baruc, newly appointed Chief Revenue Officer of RavenDB.

Robust EU/EEA banking sector shows strong capital and liquidity ratios

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星期二, 四月 4, 2023

Robust EU/EEA banking sector shows strong capital and liquidity ratios

Key Points: 
  • Robust EU/EEA banking sector shows strong capital and liquidity ratios
    04 April 2023
    The European Banking Authority (EBA) today published its quarterly Risk Dashboard (RDB) together with the first edition of the RDB on minimum requirement for own funds and eligible liabilities (MREL).
  • Banks’ capital and liquidity ratios remain strong and profitability continues to increase.
  • - Banks increased their capital ratios and maintained high liquidity ratios in Q4 2022.
  • - The average Liquidity Coverage Ratio (LCR) reached 164.7% (vs. 162.4% in Q3 2022) while the average Net Stable Funding Ratio (NSFR) decreased slightly (125.8% in Q4 2022).

VISIT RWANDA LAUNCHES INSTAGRAM CITIZEN SCIENCE PROGRAM FOR GORILLA CONSERVATION

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星期二, 九月 27, 2022

LOS ANGELES, Sept. 27, 2022 /PRNewswire/ -- Visit Rwanda and the Rwanda Development Board (RDB) is launching a new innovative use of technology to protect and conserve gorillas and promote sustainable and responsible wildlife tourism in the country. With GorillaGram, visitors to Rwanda's Volcanoes National Park will not just get to spend time with the country's famed mountain gorillas, but they can also utilize Instagram to help play an active role in gorilla conservation by sharing their own experiences and photos through the platform.

Key Points: 
  • Rwanda is home to some of the only populations of mountain gorillas, and their protection has been a conservation success story in Rwanda.
  • With the intentions of continuing conservation efforts and further growing the population of wild gorillas, the Rwandan gorilla families will now have a presence on Instagram through this project.
  • Now, Visit Rwanda celebrates the holiday with an annual baby gorilla naming ceremony, Kwita Izina .
  • Ms. Rugwizangoga adds, "Those looking to make positive change and environmental impacts through travel need look no further than gorilla tracking in Rwanda.

GameOn Files Q2 Financials & Provides Corporate Update

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星期二, 八月 30, 2022

VANCOUVER, BC, Aug. 29, 2022 /PRNewswire/ -- GameOn Entertainment Technologies Inc. ("GameOn") (CSE: GET) (OTCQB: GMETF), a leading game technology company partnered with the world's biggest IPs to launch, operate, and monetize web3 games, has today filed its Q2 financials and provided a mid-year corporate update below.

Key Points: 
  • VANCOUVER, BC, Aug. 29, 2022 /PRNewswire/ -- GameOn Entertainment Technologies Inc. ("GameOn") (CSE: GET) (OTCQB: GMETF), a leading game technology company partnered with the world's biggest IPs to launch, operate, and monetize web3 games, has today filed its Q2 financials and provided a mid-year corporate update below.
  • A subsequent event to Q2 financials, the company announced a loan agreement with Proje Ventures Inc. for US$550,000 - an intentional number that management believes is required to reach profitability in 2023.
  • As such, GameOn can be up and running with new partners in weeks, not months or years, a key differentiator when selling in the market.
  • In Q1 and Q2 2022, GameOn reported $330,481 of revenue, up from $10,081 in the first half of 2021.

GameOn & RDB Car Club Turn On Their Engines for Web3 Games

Retrieved on: 
星期二, 八月 23, 2022

As part of the partnership, RDB Car Club will license GameOn's technology to hyperfuel web3 engagement, retention, and revenue, in particular for their recently-launched NFT collection.

Key Points: 
  • As part of the partnership, RDB Car Club will license GameOn's technology to hyperfuel web3 engagement, retention, and revenue, in particular for their recently-launched NFT collection.
  • GameOn will also receive 10% equity ownership in the RDB Car Club project, including 10% revenue share on all NFT sales from the effective date.
  • "We're thrilled to enter the auto category to help drive engagement, retention, and monetization for RDB Car Club," said Matt Bailey, CEO of GameOn.
  • With partners like Chibi Dinos, Tetavi, and now RDB Car Club, GameOn continues to leverage this tailwind with its growing portfolio of web3 partners.

Ginkgo Bioworks and the Rwanda Development Board Announce Plans to Develop and Implement New Biosecurity Capabilities in Rwanda

Retrieved on: 
星期四, 八月 11, 2022

BOSTON and KIGALI, Rwanda, Aug. 11, 2022 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), the leading horizontal platform for cell programming, and the Rwanda Development Board ("RDB"), representing the government of the Republic of Rwanda, today announced that they have entered into a Memorandum of Understanding ("MOU") with the intent of developing and implementing new biosecurity capabilities in Rwanda.

Key Points: 
  • RDB, a Rwandan government institution, was established in 2008 to accelerate Rwanda's economic development by enabling private sector growth.
  • Ginkgo will build relationships with Rwandan public health institutions and private sector-led biotechnology initiatives in Rwanda; the RDB will contribute expertise in skills development and on-the-ground support for the partnership.
  • We are excited about our plans to partner with Ginkgo to bring cutting-edge biosecurity capabilities to Rwanda across various sectors including health and agriculture.
  • The Rwanda Development Board is a government agency responsible for leading the country's transformation into a dynamic global hub for business, investment, tourism and innovation.