Banking
Back to homepage
The Equator Principles: Banking on Sustainability
Financial institutions worldwide are increasingly benchmarking their larger investment projects to the Equator Principles of social and environmental risk assessment. A third and more comprehensive edition of these guiding principles has now been drawn up and is being used by
Read More
Africapitalism: A Way to Unleash Africa’s Potential
Doing well in business whilst doing good for Africa. That is the challenge set by Nigerian banker-turned-philanthropist Tony Elumelu who earlier this week announced a five-fold increase in the number of grants his foundation provides to business start-ups. The Tony
Read More
Complimentary Currencies: Development Tool on Trial in Kenya
The Central Bank of Kenya has asked the public prosecutor to charge American economist and former Peace Corps volunteer Will Ruddick with forgery. Earlier this year Mr Ruddick and five others were duly arrested by police and thrown in jail.
Read More
Doomsayers Enjoying a Field Day with Deutsche Bank
A tiny but apparently growing number of pundits is pretty sure the Deutsche Bank will shortly tumble and fall. As a systemic – if not essential – bank, the DB will not descend into insolvency on its own. Those in
Read More
World Bank: Philippines Poised for More and Better Jobs
By Axel Van Trotsenburg, World Bank Vice President for East Asia and Pacific If the first quarter of this year is any indication, the Philippines is doing well in terms of gross domestic product (GDP) growth. At almost 8 percent,
Read More
The Swiss Banks: Handing Over Data
The tax row with the United States is raising a feeling of uncertainty among cantonal banks, as well as adding a greater administrative burden, even for banks that are not directly concerned, a swissinfo.ch survey of all 24 institutions has
Read More
Angola’s Sovereign Wealth Fund Announces Investment Policy
Asset allocation to support preservation of capital, maximisation of returns and infrastructure development José Filomeno dos Santos appointed FSDEA chairman Luanda, Angola, 21 June 2013 – The Fundo Soberano de Angola (FSDEA), today announced the publication of its Investment Policy
Read More
CBI Urges Banks to Think of Customers First
The CBI commented on the Government’s formal response to the recent report from the Commission on Banking Standards. Matthew Fell, CBI Director for Competitive Markets, said: “Britain needs a healthy and sustainable banking system to help drive our economy, so
Read More
Italy: IMF Mission Statement
An IMF team visited Italy from June 24 to July 4, 2013, for the annual evaluation of the economy as part of the regular consultations under Article IV of the IMF’s Articles of Agreement. This statement describes the preliminary findings:
Read More
Nigeria’s Minister of Agriculture: Sustainability and Growth in Investments from Private Sector, but Banks Overcharge
The expected gains of the N450billion Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) special credit portfolio set aside by the Central Bank of Nigeria is yet to be seen due to high interest rates pegged on it by banks,
Read More