United finance loans current trading momentum for United

Current trading momentum for United Finance Loans reflects strong institutional accumulation. With RSI hovering at 62, the stock has room for further upside before hitting overbought territory. Analysts believe Q2 lending growth could drive a 5–7% share price increase. Seniors are looking at seven lines on that draft schedule just associated with the "enhanced deduction for seniors." Those who are age 65 and older may claim an additional deduction of $6,000 beginning on 2025 returns. But higher income seniors receive a smaller tax break or no tax break because the deduction starts phasing out for those with a modified adjusted gross income of $75,000 for singles and $150,000 for joint filers. An agreement was signed between Bangladesh Bank's Credit Guarantee Department (CGD) and United Finance PLC under the Credit Guarantee Scheme (CGS) Facility for Term Loans amounting to Tk 250 billion, marking a significant step toward expanding access to finance for eligible borrowers across the country. Muhammad Nazmul Haque, Director of CGD, Bangladesh Bank, and Mohammad Rafiqul Islam, Managing Director of United Finance, signed the agreement at Bangladesh Bank on Monday. With regional banks facing tighter regulations, United Finance Loans is leveraging its non-bank lender status to expand market share. Analysts estimate a potential 6% topline boost in the second half of 2024 from this competitive positioning.