China Minsheng Bank partners with Bolero to slash transaction times for importers
Bank will offer the multiple benefits of the Bolero platform as new agreement marks the start of long-term relationship...
Tag : IFM
Duqm SEZ wins two IFM awards
SEZAD Deputy CEO Ismail Bin Ahmad Al Balushi accepted the awards on behalf of the Authority...
Tapping the opportunities in Latam
HMC Capital has developed a complete platform of third party products and strategies, and proprietary products October 25, 2016: HMC Capital is a Latin American investment and financial advisory firm with offices in Chile, Brazil, Peru, Colombia and United States. With $5 billion under distribution (third party funds) and $1 billion under management, HMC provides...
More sovereign sukuk on the way
This was the opinion of delegates at the IFM’s summit on Islamic finance - Tim Evershed...
Avis Budget Group to acquire France Cars
Will make the company second largest light commercial vehicle fleet in France September 15, 2016: Avis Budget Group, a leading provider of vehicle rental services, announced it has agreed to purchase France Cars, a privately-held vehicle rental company based in France, to significantly expand its presence in the French market. Terms of the transaction were...
Tramonex selects Saxo Payments for cross border transfers
Low fees, quick transfer times and leading FX rates benefit customers of international cash management solutions provider September 15, 2016: Tramonex, the international financial services provider, has partnered with global transactions services provider, Saxo Payments, for segregated client accounts in 25 currencies, and FX liquidity. As part of Tramonex’s vision to shift away from classical...
Rent-A-Center adopts Provenir Cloud
Intelligent risk analytics solution provides scalability to high growth September 14, 2016: Provenir, provider of risk analytics solutions, announced that rent-to-own industry leader Rent-A-Center, Inc. has adopted Provenir’s hosted solution, Provenir Cloud, to support the processing of customer applications for lease purchase agreements in connection with its AcceptanceNow line of business. “Provenir’s risk analytics and...
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...
‘Brexit will cut global economic growth by 0.1 per cent’
Also, the referendum may distract EU decision makers from core areas Suparna Goswami Bhattacharya July 28, 2016: Almost a month after the UK decided to exit the European Union, economists around the globe have come out with data suggesting that the referendum has had a mixed impact on the global economy with certain areas getting...
Allied Irish Bank secures cloud use for 15,000 employees with Skyhigh Networks
Skyhigh helps bank identify 2,500 cloud services and secure its IT June 13, 2016: Skyhigh Networks, the leading Cloud Access Security Broker, announced its successful deployment at Allied Irish Bank (AIB), giving the bank even greater ability to monitor and secure cloud adoption across its IT estate. In the wake of high profile data breaches...