Investments and Business

A Term Deposit Certificate (CDT) is the document that certifies that your money is in charge of a bank for a certain time. This in order to take advantage of your investment thanks to the profitability which is caused by interest rates. The higher it is, the higher the interest that the financial institution will pay. It is also important to keep in mind that the money that is deposited is not needed for the period of the investment so as not to have the need to withdraw the money before the established term.“The return you get for your CDT…

The Labor Minister, Gloria Inés Ramírez, has met for three days with production unions such as the National Association of Entrepreneurs (Andi), the Colombian Farmers Society (SAC), the National Federation of Merchants (Fenalco), the Colombian Association of Micro, Small and Medium Enterprises (Acopi) and Asobancaria to arrange the text of the labor reforms which will be filed next Thursday, March 16.(You can also read: Pension reform: proposes four pillars to transform the system). “We are in the conclave that we have been holding, with the business sector in which we have been studying the articles of the reform one by…

ROAE is an acronym derived from Return on average capital. According to Investidor Sardinha, the Brazilian financial education web channel, ROAE It is a financial indicator used by investors to measure and analyze a company's return on average equity.(Also read: Lulo bank will have a rate of 8% on your savings account).That said, although the acronym is similar to ROE which is derived from Return on equity, it is important to know that both have different uses. That is, the ROAE ignores fluctuations that occur throughout the year and provides a broader view for the investor.While the ROE, seeks to…

While the thousands of users affected by the cessation of operations of the company live air must request that they reimburse the money they paid for their tickets, in the court of the Civil Aeronautics (Aerocivil) is gambling the fate of the integration between that airline and Avianca.About this topic, he referred to Avianca's director of operations, Frederico Pedreira, in an interview with the magazine change. (You can read in context: In the next few hours there will be decisions on the integration of Avianca and Viva)It should be remembered that the integration request of Avianca and Viva Air was…