Average credit card debt by age

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Consumers of all ages have credit cards, but some generations have larger outstanding balances than others. Gen …

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Krungsri Accelerates Proactive Assistance Measures, Providing Loans to Increase Liquidity to Business Customers Affected by COVID-19

Krungsri Accelerates Proactive Assistance Measures, Providing Loans to Increase Liquidity to Business Customers Affected by COVID-19 Bangkok (June 7, 2021) – Krungsri (Bank of Ayudhya PCL) responds to Bank of Thailand (BOT) measures to accelerate assistance to corporate clients affected by COVID-19 by ensuring that teams of Relationships are proactively …

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Banking technology: this time it’s personal

Technology within the financial services industry continues to thrive as US banks explore new ways of communicating with their customers. Minneapolis-based US Bank, the fifth-largest banking institution in the United States, this month announced plans to offer individual clients video meetings with bankers. The live video offerings aim to provide …

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Inventory shortage is pushing home prices at record pace

With continued listing shortages, US real estate markets remained “blank hot” in April, with home prices rising at a record – and unsustainable – annual rate of 14.8%. Black Knight’s latest Mortgage Monitor report recorded “the highest annual home price growth rate we’ve ever seen” in nearly 30 years, said …

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The stakes rise as CBDCs move towards launch

Share Tweeter Share Share Share E-mail As the world’s third-largest central bank, the People’s Bank of China rightly attracts much of the attention regarding the advancement of central bank digital currencies (CBDCs), but it is far from the only one as the Monetary regulators around the world are moving forward …

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