International Finance

Category : Banking

Banking

KBL epb 2015 net profit rises 22%

Full year net profit reaches €81 million; revenues rise to €548 million May 10, 2016: KBL European Private Bankers (KBL epb), headquartered in Luxembourg and operating in 50 cities in Europe, announced its positive financial results for the 12-month period ending December 31, 2015. KBL epb reported a group net profit of €81 million for...
Banking

Swiss pvt banks need to intensify their industrialisation efforts

Ten steps have been recommended to become state-of-the-art bank September 07, 2016: The most recent SFI White Paper reveals that Swiss private banks are being forced to revise their value chains further using industrialisation strategies in order to be able to fulfill the present and future requirements of state-of-the-art banking. According to a survey of...
Banking

Laos and World Bank to end poverty and build shared prosperity

Lao PDR has made significant strides in relation to poverty reduction. July 15, 2013: The World Bank Group and the Lao PDR have forged a constructive partnership for development lasting more than five decades, during which time, the Lao PDR has made significant strides in relation to poverty reduction. It has reduced the poverty headcount from almost half...
Banking

The Note in your Wallet- Full Speech by Chris Salmon

Chris Salmon, Executive Director for Banking Services and Chief Cashier, Bank of England , At the Plymouth Chamber of Commerce. June 19, 2013: I would like to thank Victoria Cleland, Mona Naqvi, Roy Whymark and Kevin Wills for their contributions and am grateful for helpful comments from other colleagues. I am grateful to you for...
Banking

Central Counter-Parties what are they, why do they matter and how does the Bank supervise them?’

Benefits of Central Counter-parties. June 19, 2016: Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. As such, they play a crucial role in helping the economy and financial markets to function. Central counterparties (CCPs) –...
Banking

Payments Council plays key role in Launch of Revised International Financial Standard

The Payments Council develops and supports the development of national and international standards for the payments industry. May 10, 2013 : ISO 20022, the global standard that ensures the reliable transfer of financial data, has now had a 2013 revision published, thanks to UK banking industry recommendations led by the Payments Council. The series of...
Banking

Asia Prosperity Requires More Innovation, Inclusion, Integration – ADB President

DELHI, INDIA – Growth in Asia and the Pacific has been more robust than expected after the global crisis, and must be sustained for the region to reduce poverty and increase prosperity, Asian Development Bank (ADB) President Takehiko Nakao said in his first address to the ADB Board of Governors....