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Lower Interest Rate Enable Banks to Earn More in Interest Income, Experts Says

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CEO of Los Angles based investment advisor Chantico Global said that the Federal Reserve Bank is hinting that it will lower short-term rates later this month, which is good news for banks. By lowering the interest rate, banks would do best in the current rising interest rate environment. In this case, banks would earn more in the interest income. Spread between short and long term rates is widening after compressing them earlier this year. And this is continued in the bank’s profit.

In mid-march of this year, rates were compressing. Last ten years’ rate was 2.63% while the last two-year rate is 2.46%. The spread is narrower for the seven and one-year rates. Since then the spread has widened. Long term rates are at a healthy place relative to short term rates. As of 12th July, profit on the ten-year treasury is 2.12% as compared to 1.84% of the last two years; there is a spread of 28 basis points.

As the Federal bank is signaling to widen the spread, approach for banks would increase more, and net interest income is expected to increase again. Finansis is a relatively cheap loan provider finance company, which provides a cheap loan with a low-interest rate. One can take a minimum of $550 and a maximum $64,000 loan amount from Finansis, without security with a flexible repay period of 15 years. It provides a comparison service where you can get suggestions from popular banks which are providing the lowest interest rate.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Stankevicius Interactive Media Platform is an Advantage to Global Business

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PR and advertising firm Stankevicius MGM is releasing a new media platform enabling companies to publish various format materials online such as articles and press releases. As companies are seeking for audiences locally and globally it is important to them not limit themselves to general marketing techniques such as social media but also extend limitless opportunities to foreign markets via general media.

Stankevicius firm has been providing public relations and media services for companies to achieve branding excellence, attract investors and gain new customers. According to Stankevicius, traditional journalism provides just enough belief to convince the audience of the brand’s message. 

As media has been a powerful channel for centuries it has not stopped, just that due to recent technological advancements, companies have forgotten how important media can actually be and is. Cheaper access tools like Facebook and Instagram are no longer working due to extreme competition. PR and advertising agencies are expensive. 

Since PR is about people relations, it does involve a lot of work which makes the service cost expensive and not affordable to many customers around the world. However, Stankevicius Interactive Media platform reduces the manual work and enables customers to interact with media digitally online at their own convenience. This reduces the cost of PR service dramatically making media affordable to companies around the world.

Having a published article is not just a show off but actually a strategic move to build up a global presence. Consider that the internet is like one world, and search engines such as Google are in a way a marketplace for clients to search for providers. Every business should take care of their Google search results as it is absolutely critical to make sure that your company is trusted online. 

Consider that businesses today perform most of the activities online and creating a strong online presence is done not just through social media but actually through the actual media. If a business has no articles and a potential clients Googles company name and finds nothing but Facebook and Instagram accounts, that company is not differentiating. A client must be convinced and impressed. Now, if a business has published many articles via various local and global media it shows that the company is truly active in the industry, is strong and capable as well as respected and covered by 3rd media parties around the world. Such actions make the client’s decision making turn to buying side.

Stankevicius provides access for companies around the world to join Stankevicius Interactive Media platform and start publishing news as soon as possible. Every hour counts. Sign up for platform release here: interactive.stankeviciusmgm.com.

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