ING Nederland’s Post

**RATES LUNCHTIME** A mixed set of upgrades and downgrades so far today from the likes of UBL UK repricing their 2 & 5 yr business deposit, and 4 yr cash ISA. UBL UK offer the leading rates in 3 & 5 yr business deposits. Monmouthshire Building Society raises it's 1 yr fix to 4.71%, from 4.4% LHV Bank reprice their 1 yr fix to 4.91% from 4.8% Charity Bank set their 1 yr business deposit at 4.51%, down from 4.86% FirstBank UK Limited set their 90 day notice at 5.25% Cumberland Building Society price their easy access business deposit at 3.05%, up from 2.45% Close Brothers lift their 1 yr cash ISA to 4.95%, from 4.95% /\Enjoy your lunch!/\ More changes to come throughout the day, keep an eye on the Daily Rate Change to see these update in real time, go here: https://lnkd.in/gRnJ94-v Our intuitive, web-based platform supports real-time rates analytics and historical savings rate data - please do reach out for a demo: [email protected] #savings #interestrates #banks #savingsindex

*************FOR INFORMATION ONLY*************** THIS IS THE LAST CHANCE THIS YEAR TO GET INTO PPP. STRICTLY CONFIDENTIAL PROCEDURE AND RULES OF THE ROAD. IF the IBOE owner CAN issue an MT 199, then if IBOE is deposited in a BANK. RWA MUST BE from the TOP TEN Baank followed by a MT 799 blocking OR ready to MT760 SWIFT block of the IBOE in favor of the platform. IF IBOE IS NOT on THE BANK, THEN, THE IBOE HAS TO BE DONATED TO OUR CHARITY FOUNDATION ( PRAVESH BHANDARI FOUNDATION.) SO, WE CAN DEPOSIT INTO THE BANK AND GET IT MONETIZED. This is the ONLY WAY WE CAN MONETIZE YOUR IBOE. The owner of the IBOE needs to issue his CURRENT DATED CIS/KYC for DUE DILIGENCE. The IBOE will be verified after that by THE GOVERNMENT. After DD, the contract will be issued BY THE PPP PLATFORM OR OUR FOUNDATION. We request you please get a final response ASAP from the IBOE owner regarding the completion and signing of the contract. QUOTE: DIRECT PLATFORM FOR TRADING IBOE - 1. The IBOE OWNER needs to submit CIS/KYC and a photocopy of the IBOE. 2. IBOE will be submitted to the intake officer to check that all information is completed for CIS/KYC including UCC FILES. 3. Window time will be set up with the DD inspector and Beneficiary of the fund & translator if necessary on a conference call. Our foundation will open a bank account ( A SMALL FEE WILL BE CHARGED TO THE IBOE OWNER ) TO deposit the IBOE into the foundation's name & ACCOUNT after signing the JOINT VENTURE AGREEMENT / DONATION AGREEMENT WILL BE SIGNED WITH the owner of IBOE. ( NO EXCEPTIONS ). 4. Upon completion and satisfaction, a trade document will be issued directly to the PRAVESH BHANDARI FOUNDATION for the MONETIZATION OF THE IBOE then FOR TRADE. PROFIT DISTRIBUTION* **THE MONETIZATION VALUE OF IBOE BACKED BY GOLD IS MAXIMUM AT 10% ( TEN PERCENT ). **IF IBOE BACKED BY ASSETS IS 5% MAXIMUM. PAYOUTS:- TO THE OWNER OF IBOE/Investor - 10% ( EVERY WEEK OR EVERY MONTH According to the program is available ) MAXIMUM, THIS IS APPROXIMATELY FIGURES, ACTUAL FIGURES WILL BE GIVEN TO THE OWNER/investor OF THE IBOE AFTER THE FIRST PAYMENT IS RELEASED. FOR TRADER HIS SERVICES: UNKNOWN Trade Platform MANDATE INTAKE OFFICER - 1% DEPENDS UPON THE LTV% ( 50% OF THE 8% WILL GO TO THE HUMANITARIAN PROJECTS OWNER - CLOSED) LAWYER/ PAYMASTER FEE--- 1% Intermediaries A (trader side)- 1% Intermediaries B (investor side) - 1% REST WILL BE TRANSFERRED TO THE OWNER OF THE IBOE/INVESTOR. THIS'S THE TIME to do a trade with his IBOE. PLEASE NOTE: FIRST COME FIRST SERVED BASIS. After ONE year, the IBOE will be RETURNED to the OWNER of the IBOE or whatever is the decision of the TREASURY ). ( THESE ABOVE FIGURES ARE APPROXIMATE ) UNQUOTE : These are the details of the new IBOE offer for 2024. (CASE TO CASE BASIS) **** ALL THE FIGURE SHOWED ABOVE ARE APPROXIMATE *****

How can alternative credit scoring transform the lives of 360,000 #Manchester, UK residents? We recently partnered with the Manchester Chamber of Commerce to host a roundtable on financial exclusion. We're pleased to share the readout notes, featuring insights from local councils, debt charities, credit unions, academia, banks, and lending organisations. The roundtable focused on our alternative credit scoring research which revealed: 📊 8 in 10 financially excluded people in Manchester could pass credit to access more affordable credit. 💸 These individuals currently face higher lending rates and costs for daily services due to being deemed high risk. 📈 Manchester shows above-average financial exclusion levels compared to the national rate of 12% in the UK. This analysis has been made possible through our advanced data modelling and linking capabilities. Read more: https://splr.io/6046lKoQk #FinancialInclusion #CreditRisk

#RIAs: We believe it's imperative to proactively engage with clients in conversations about their held-away #cash. Many individuals have sizable deposits in traditional bank accounts, earning minimal interest and potentially exposing them to the risk of being #uninsured. We have helped hundreds of advisors uncover billions of dollars through thousands of your clients (depositors). All your clients have savings— they are just looking for a #bettersavingsaccount from you. Read our latest Cash Update. https://lnkd.in/eYANtRse

The Cash Conversation is top of mind. If you are not speaking to your clients about cash, I GUARANTEE you someone is..... Let's connect so you can provide a better option to your clients! #RIAs #cash #uninsured #bettersavingsaccount

A few years back, the interactions between the finance and 3rd sectors raised some eyebrows. Fast forward to today, and you might ask: Has anything changed? Are the dynamics between finance and charities evolving with technology, or is there a deeper issue at play? Our latest blog post delves into this intriguing topic: https://lnkd.in/gazQRevW #Finance #ThirdSector #Banking #Nonprofits #DigitalEra

Access to cash is crucial for financial inclusion across the UK. With bank branches and ATMs closing, vulnerable communities are facing financial exclusion and higher costs. Cash continues to help low-income families and those with disabilities manage their finances and supports local businesses dealing with high card transaction fees. Preserving access to cash is essential for ensuring everyone can participate fully in the economy. Let's advocate for solutions that maintain cash accessibility and promote a fair, inclusive financial system for everyone. #Cash #FinancialInclusion

StepChange Connected 2024 - Introducing our regulator panel   We're excited to announce more speakers for our upcoming partner event, StepChange Connected.  Alongside our keynote speaker, Nikhil Rathi, Chief Executive of the FCA, we are delighted to be hosting a panel discussion featuring senior representatives from the UK's major regulators, including the FCA, Ofwat, and Ofgem. The panel will explore the long-term impacts of the cost-of-living crisis and how organisations can continue supporting consumers. Introducing our panel:  Alex Pitcher, Chief Risk Officer, StepChange Debt Charity (Chair)  Jonathan Phelan, Consumer Finance Head of Department, FCA  Jemma Baker, Deputy Director, Ofgem  Andrew Lincoln, Customer Policy Lead, Ofwat   Peter Tutton, Head of Policy, StepChange Debt Charity    With limited spaces, we expect StepChange Connected to be oversubscribed. If you are interested in attending you can join the waitlist, and we'll notify you if space becomes available. Join the waitlist here: https://bit.ly/SCConnected

Congratulations to Unity Trust Bank, which supports organisations to deliver positive social impact, and is a long-time supporter of Responsible Finance and its member CDFIs, for being honoured with a prestigious King’s Award for Enterprise in Sustainable Development 2024.   Announced today (Monday 6 May 2024), Unity is one of only 29 businesses to receive the award for excellence in this category.   The King’s Awards for Enterprise are amongst the most prestigious business awards in the UK and this year recognised 252 organisations for their contribution to International Trade, Innovation, Sustainable Development or Promoting Opportunity. Colin Fyfe, CEO of Unity Trust Bank, said: “We’re honoured to receive the King’s Award for Enterprise in Sustainable Development which recognises how we support socially-minded organisations across the UK and improve the lives of local communities. It’s particularly special to receive this award in the same week that we marked Unity’s 40th anniversary.   As an ethical bank committed to a ‘double bottom line’ of delivering positive impact and commercial success, we’re so proud that our work in sustainable development has been recognised in this way." As part of its commitment to sustainable development, Unity uses customer deposits to support organisations that make a difference to society - including SMEs, housing associations, membership organisations, social enterprises and charities. Every loan proposal is reviewed for its positive contribution to society and aligned against one or more of the United Nations’ Sustainable Development Goals (SDGs) ensuring that the bank’s financing delivers quantifiable impact.   Unity was founded by the trade union movement in 1984 to serve the common good. It reported a record level of lending in its end of year results in 2023 - exceeding £1 billion for the first time and growing 21% from the previous year - with 45.3% of financing going into areas of high deprivation. #ResponsibleFinance #KingsAward #SustainableDevelopment

🚦 "Getting credit at all, let alone fair credit, is near impossible for many." 🌍 No matter how much Fair for You expands and grows, the problem of credit exclusion is much wider than anything we can tackle alone. 🏦 That's why the Fair Credit Charity, which owns Fair for You, is asking the banking sector to do more to address this pressing social issue. 📄 Find its whitepaper below... #FinancialExclusion #FinancialInclusion #AffordableCredit #credit #finance #loans