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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
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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
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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
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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:
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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,
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IMF: The Risk Side of Exceptionally Low Interest Rates
Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have improved some indicators of banks’ health while supporting the economy and financial stability, according to new research from the International Monetary Fund. In
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The International Financial Institutions: Collaboration for Development and Growth
Leaders of the African Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the World Bank Group pledged on February 26, 2013 close collaboration to support development and growth. The leaders emphasized the need
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Banque Misr Liban: Committed to Excellence in Service Poised for Strong and Sound Future Growth
A number of factors help Banque Misr Liban to stand out in Lebanon’s relatively crowded and competitive banking sector. It is one of Lebanon’s oldest banks as it was established in 1929 and ranks number 3 on the official historical
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CFI.co Meets Dr. Naseer Shahir Homoud
Born in 1963 at Irbid, Jordan, Naseer Shahir Homoud is a multi-dimensional personality – primarily a real estate developer but also well known as an author and philanthropist. A dentist by training, Dr. Homoud has made significant contributions in many
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Frontier Asia and Hopes for More Inclusive Growth
The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) on January 28th held a conference in Bangkok, entitled “Frontier Asia: Economic Transformation and Inclusive Growth.” The conference brought together ministers, central bank governors, other senior policymakers and
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