Category Finance

How to minimise foreign currency risk in Hong Kong

foreign currency

Foreign currency risk is the exposure to potential losses that may arise from movements in exchange rates. Exchange rate movements can significantly impact businesses, particularly those that trade internationally or have operations in multiple countries. Foreign currency risk can also…

All You Need To Know About Consumer Durable Loans

A consumer durable loan is a form of loan which a person takes for getting different household items like a refrigerator, air conditioner, washing machine, furniture or television. The best part about this type of loan is that the interest…

Knowing About What Does Personal Financial Advisor Do

A personal financial advisor is someone who gives financial advice to clients according to their financial circumstances. In most countries, personal financial advisors must complete certain training and obtain certification by a regulatory body to give professional advice. They are…

Eight Major Financial Challenges of Banking Sector

Banks have tried every recipe in the book to secure their business post-Global Financial crisis in 2008. Because of it, the banking sector faces unprecedented development as the industry moves towards digitalization. Although the introduction of Financial Technology (Fintech) has…