Thursday, Jan 27, 2022
International Finance

Tag : IFM

Finance Wealth Management

Ecology Building Society makes investment via crowdfunding platform Abundance

The move extends Ecology’s support of UK Renewable Energy Projects May 5,2015: Ethical investment in the UK continues to thrive and expand its reach as the Ecology Building Society has made an investment of £250,000 through Abundance, the UK’s leading online ethical investment platform. Both organisations have a long commitment to the spirit of democratic...
Islamic Banking

For Luxembourg, €200mn bond was just a start

The Grand Duchy has a long history of working with the Islamic sector, but is not content to rest on its laurels Tim Evershed December 17, 2014: The government of Luxembourg is ready to help Islamic finance move into the mainstream financial markets with a raft of initiatives. The Grand Duchy has a long history...
Islamic Banking

Market for takaful in Europe is looking brighter

The parallels with the mutual sector are helping Tim Evershed November 28, 2014: Takaful insurance can have a bright future in Europe due to its parallels with the mutual sector, according to panellists at International Finance Magazine’s EU Islamic Finance and Banking Summit that took place in London on November 18-19. Non-marine mutual insurance can...
Economy

Italy is back in technical recession

Istat indicated that domestic demand was growth neutral, whilst net exports were a drag on growth August 6, 2014: Istat just released its flash GDP estimate, signaling that in 2Q14 the Italian economy fell back into technical recession. According to Istat, the Italian GDP contracted 0.2% QoQ (from -0.1% QoQ in 1Q14) and 0.3% YoY....
Islamic Banking

DIB’s ‘Smart Bank’ set to redefine customer service

New customers can complete their account opening formalities and walk out with their ATM cards and cheque books within 15-20 minutes July 23, 2014: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of ‘Smart Bank’, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s,...
Economy

Property deal underlines confidence in New Zealand’s economy

Canadian institutional investor buys portfolio of 18 assets July 22, 2014: A property portfolio of 18 assets, held in the AMP Capital Property Portfolio (APP) and worth in excess of NZ$1 billion, has been sold to Public Sector Pension Investment Board (PSP Investments), a Canadian institutional investor, on behalf of exiting investors. The deal, which...
Business Leaders

For JTB, it is all about SMEs

At Jammal Trust Bank, anyone who needs to finance a productive idea is considered a potential SME July 18, 2014: SMEs are a fundamental part of the economic fabric in Lebanon. They play a crucial role in furthering growth, innovation and prosperity. Unfortunately, they are strongly restricted in accessing the funds that they require to...
Economy

Concerns about stagnation in Germany

he ZEW index, which measures investors’ confidence, continued its recent downward trend and decreased in July for the seventh month in a row July 16, 2014: While the World Cup trophy just landed in Berlin, the German ZEW index sends more signs of caution. The ZEW index, which measures investors’ confidence, continued its recent downward...
Economy

Mexican inflation rate up, but stays below predictions

Independent survey says manufacturing sector witnessed moderate improvement in business conditions, reports Team IFM Mexico City, July 15, 2014: Mexico saw consumer prices rising moderately in June following two consecutive monthly declines from the preceding month, the increase driven primarily by jumps in processed food and services prices after the central bank cut interest rates...
Economy

French woes continue, industrial output falls in May

Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...