Given an economically active workforce of around 21 million, of whom just eight million are signed up to the independent savings regime, the pensions industry in Colombia has huge potential for future growth. No wonder one of the leading players calls itself Porvenir – the Spanish word for future – and has a sunrise as…
A company can only be competitive if it has a well-designed global strategy. That was the cornerstone of Itautec’s international operations. What is more, this competitiveness has enabled the company to achieve an outstanding position that has been kept over the past thirty years of existence. The efficient implementation of this strategy has allowed us…
Banco Inbursa is a subsidiary of Grupo Financiero Inbursa which was established in Mexico 44 years ago, and since its foundation the same controlling shareholders have been managing the group. The bank has a strong balance with a 21.1 percent tier 1 capital ratio and loan loss reserves that cover 3.6 times its non performing…
For more than 25 years, active traders have been finding their competitive edge in the world’s markets with the award-winning charting and market analysis in eSignal. Especially now, as exchanges around the globe point to economic recovery, subscribers to eSignal’s charting and market data can find profitable opportunities using time-tested technical analysis methodologies. A comprehensive…
Under the current economic environment many countries are confronted with the need for rigorous budget measures to meet deficit-cutting targets. The enormous government debts, resulting from the accumulated government deficits over several years, or in some cases even decades, is causing severe problems. The common denominator in the budget measures that are currently being introduced…
Under the current economic environment many countries are confronted with the need for rigorous budget measures to meet deficit-cutting targets. The enormous government debts, resulting from the accumulated government deficits over several years, or in some cases even decades, is causing severe problems. The common denominator in the budget measures that are currently being introduced…
Easily the most significant of a mountain of laws now being drawn up in the backrooms of Congress and the Senate with the vigorous intervention of the White House is one that decrees no bank will be so big that it will not be allowed to fail. In short, no more bail-outs. The so-called “resolution…
The economic crisis slashed global FDI flows by around 40 percent in 2009, affecting, albeit to a varying extent, all countries, all sectors, and all forms of investment. Mergers and acquisitions in high-income countries were the quickest to contract soon after the sub-prime mortgage crisis in 2007. Gradually the contagion spread and affected new, greenfield…
Even before the recent well publicised economic difficulties experienced by some members of the eurozone – in fact, since it was first launched as a currency – questions had been raised about the long term viability of the euro. In 2005 the US economist Milton Friedman warned: “The euro is going to be a big…
No Islamic bank needed to be bailed out during the credit crisis and no tax-payer cash was needed to prop up feckless and reckless lending. Many banks, like the Jordan Islamic Bank (JIB) actually increased deposits and upped market share. In fact, H.E. Mr Mohammed Abu Hamour, the Minister of Finance, turned to JIB itself…
