January 10, 2012 – 4:30 am
Ramallah, Palestinian Territory (IRIN) – Izz Tawil draws a black circle on the flip-chart in his office in Ramallah, capital of the West Bank in the occupied Palestinian territory (oPt). “The Palestinian economy is a closed cash-circle,” the general manager of the Palestinian microfinance network Sharakeh explains. He goes on to draw several small arrows read more »
Tags Bank, economy, external shocks, gaza strip, healthier, isolated system, microfinance network, occupied palestinian territory, palestinian economy, Visions, West
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HSBC plans to offer customers in Australia yuan-denominated financial products as part of the bank’s efforts to roll out services using China’s currency across the region. View full post on All Stories
The Philippines registered a higher-than-expected 4.5 percent inflation rate for April on Thursday. The 12-month high inflation rate prompted the Philippine Central Bank to increase the key lending rate by 25 basis points in a bid to contain inflationary pressure. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance read more »
Tags April, Bank, basis, basis points, Central, economy business, finance, hike, inflation, inflation rate, inflationary pressure, lending, percent, Philippine, Philippines, Points, Prompts, rate
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Strong inflationary pressure that threatened to derail Russia’s feeble economic recovery prompted the central bank to raise its key interest rate by 0.25 basis points to 8.25 percent. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance Stories
Tags 8.25%, Bank, basis points, Central, economic recovery, economy business, inflationary pressure, Interest, interest rate, Pressure, raises, rate, recovery, Russia, Russia's
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Vigen Barseghyan: a large bank should not keep away from any type of banking business, while normal bank’s portfolio should be diversified. View full post on All Stories
Wake up and good morning . One of Tampa Bay’s more prominent philanthropists, Dr. Kiran Patel ( photo, below, left ), finds himself back in the news — not for his latest generosity but for his lawsuit against a bank he says mislead him into investing $10 million. In U.S District Court in Birmingham, Ala., read more »
Tags Ala., Alabama, Bank, bauer financial, Birmingham, Claims, Dr. Kiran Patel, failing enterprise, investor, Kiran, kiran patel, loan institution, News, Patel, philanthropist, stable, struggling, Sues, Suit, Superior, superior bank, TAMPA, Tampa Bay, tampa physician, U.S. District
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The collapsed merger of four savings banks in Spain may be a setback for the government in its efforts to convince the rest of the world that its financial house is in order. View full post on All Stories
Tags Bank, banks in spain, Collapse, Government, mars, Merger, rest of the world, restructuring, savings banks, setback, Spain
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General Electric has expressed an interest in buying ING Direct USA, the online banking arm of Dutch financial services company ING Groep NV. View full post on All Stories
Tags Bank, Electric, financial services company, General, general electric, ING, ing direct, ing groep nv, ING's, interested, online, U.S., USA
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February 5, 2011 – 5:40 am
Inflation is putting pressure on India’s economy and threatening the country’s rapid economic growth. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance Stories
Tags Again, Bank, Central, economy, economy business, finance, fuels, increase, India, India's, inflation, Interest, Pressure, rapid economic growth, Rates, rising, speculation
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December 29, 2010 – 5:51 am
Allstate Corp. has sued Bank of America Corp and 18 others for misrepresenting the risks on more than $700 million of mortgage securities it bought from Countrywide Financial Corp. Allstate, the … View full post on Insurance Stories
Tags Allstate, allstate corp, America, Bank, bank of america, bank of america corp, Corp., Countrywide, countrywide financial, countrywide financial corp, Losses, Mortgage, mortgage securities, Over, Sues
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