Moody’s Rating Agency has decreased rating for 6 of 7 biggest Canadian Banks. The Royal Bank has defended its rating but this was not possible for the following banks: Toronto Dominion Bank, Scotiabank, Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank as well as acting primarily in Quebec, Desjardins cooperatives.The decision was made […]
Consumer credit is really any kind of loan that is not made on the goals related to economic activity. This is an agreement concluded between the consumer and the entrepreneur, which relates to the loan amount to 25 000 EUR or its equivalent in another currency. It is worth mentioning that a person who provides such loans need not be a bank.
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