During a period of recession that has hit most of the world’s influential economies, Brazil has still managed to develop a strong corporate governance programme that builds on legislation changes and promises to protect the country should future global financial problems occur. Deloitte has worked hard in building Brazil’s corporate governance, a process which is…
Nacional Financiera Boliviana Sociedad de Titularización S.A. (NAFIBO ST) is the leading securitisation company in Bolivia and the most innovative in Latin America having securitised future cash flows of small companies, cooperatives and NGOs oriented to microcredit. NAFIBO ST has also pioneered the use of structured notes over the past few years, while such products…
Not many countries with two million people and an area of 20, 0000 sq. km have played in the 2010 World Cup, and are attracting thousands of visitors to the Slovenian pavilion in Shanghai designed around the fact that its capital Ljubljana is also this year’s UNESCO World Book Capital. Companies that want to relocate…
The bank has remained the most profitable in Bolivia for the fourth year in a row. In order to achieve these profits, the bank cut costs significantly, therefore being able to counteract the significant decrease in interest rates that affected the financial system. The bank continued its growth strategy both in deposits, loans and investments….
China has played down the risks in a wave of borrowing by local governments, saying that officials were getting to grips with a debt problem that economists warn could yet destabilise the financial system. A statement issued by the Ministry of Finance and the China Banking Regulatory Commission (CBRC) gave a largely clean bill of…
Life insurer Friends Provident, now part of the British group Resolution, sees a rise in employee benefits in the Middle East as a springboard to growth in the region’s nascent insurance industry, an executive said. “The main focus is on the United Arab Emirates and we are currently speaking to another territory about getting a…
Founded in 1926, Banca March is the foremost family-owned Spanish bank. Soundness, prudence and a close-knit relationship with its clients are the cornerstone values of a bank that has been around for nearly a century. Banca March also has the best solvency ratio among Spanish banks and one of the highest in European banking (19.7…
The bank prides itself on understanding the needs as well as the strategies of its clients in order to provide them with customised services efficiently and quickly. The bank focuses on corporate clients with annual revenues above R$150m. Its culture led to fast growth throughout its more than twelve years of existence, positioning Banco PINE…
The plunge of the European common currency has been the market theme for much of 2010. With the euro value declining to the lowest level against the dollar since 2006, foreign exchange trading has given way to extraordinary profit taking. Feeding on turbulence, the forex market offers unparalleled opportunities in both upturn and downturn markets…
Back in the fifties, Mifel was a small company servicing SMEs on financial strategies. Later on, it began to grow a small fund to operate with and eventually obtained the first private concession for an exchange house in Mexico back in the tumultuous and complicated eighties. In 1993, Mifel set up a leasing company and…
