Bosnia Banking

The Association of Italian Businessmen in BiH officially started its work – Sarajevo Times

The Association of Italian Businessmen in Bosnia and Herzegovina officially started its work with a formal reception held at the Radon Plaza Hotel in Sarajevo. The goal of the association is, among other things, to monitor all movements related to economic indicators between BiH and Italy, networking of BiH and …

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10th Meeting of Regional Central Bank Governors Held – Sarajevo Times

Governor of the Central Bank of Bosnia and Herzegovina, Senad Softic, participated in the 10th Jubilee Meeting of Governors of Regional Central Banks, which was held on May 5-6, 2022 in Rovinj. The topics of this year’s meeting are inflation and monetary policy, uncertainty and the financial sector in the …

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Global Elections 2022: Global Rise of Alpha Dreamers

Who are these five billion alpha dreamers around the world? are they globally connected, mostly silent and invisible among billions of people around the world? How did they slowly come together to form the “most informed bloc” of global audiences that has ever existed in human history? What are their …

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Inflation has not peaked yet

ZAGREB, May 6 (2022) – Addressing a traditional conference of regional central bank governors in the northern Adriatic city of Rovinj on Friday, Croatian National Bank (HNB) Governor Boris Vujčić , said all central banks had revised down their growth projections for this year and inflation has yet to peak. …

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Saudi iftar program benefits over 1 million people

LONDON: A British pilgrim who performed Umrah during Ramadan described the experience as ‘overwhelming’ and said it was ‘great’ to be back at Mecca’s Grand Mosque after the COVID-19 pandemic. 19. Following the lifting of most coronavirus restrictions in Saudi Arabia, Muslims around the world have flocked to the holy …

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ECB response to inflation | By Dr. Atiq-ur-Rehman

ECB response to inflation Historically, the objectives of the central bank have been multiple, including price stability, GDP growth and full employment. The objective of price stability and full employment often has a compromise; that is, if you try to complete one goal, progress to the other goal will become …

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Putin is going to use a nuclear bomb – what will Xi do next?

Emboldened by the perception of the West’s terminal decline, no one in this group dwells on the prospect of open confrontation with America and Europe. In fact, the core members of this group would all be among the primary beneficiaries of a deeper schism. Consider Putin’s war cabinet, which is …

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Missouri Senate Supports Limits on Property Tax Increases | app

JEFFERSON CITY, Mo. (AP) — Some Missouri homeowners could be spared from paying higher property taxes under a pair of proposed constitutional amendments approved by the state Senate on Wednesday. × This page requires JavaScript. Javascript is required for you to play premium content. Please enable it in your browser …

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How will the sanctions against Russia affect the oil refinery in BiH? – Sarajevo Time

The takeover of Sberbank’s European branches, including those in the country, is the first consequence felt in Bosnia and Herzegovina (BiH) due to the sanctions against Russia. How will other Russian companies continue their activities and will an economic “bailout” be applied to the Bosanski Brod oil refinery? Bentonite and …

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Turkish public lender Ziraat Bank secures $1.24 billion syndicated loan

Turkey’s largest bank announced on Monday that it had secured a syndicated loan totaling $1.24 billion, managing to fully renew the loan it secured last year. The loan will be used according to environmental sustainability criteria and to support gender equality in production, Ziraat Bank said in a statement. The …

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Sberbank signs agreement to sell 44% of Fortenova in Croatia to Hungarian Indotek

ZAGREB (Croatia), April 9 (SeeNews) – Croatia’s largest private company, Fortenova, which took over from collapsed food retailer Agrokor, said its biggest shareholder, top Russian lender Sberbank, has signed a agreement with the intention to sell its 44% stake in the Fortenova group to the Hungarian asset manager Indotek. The …

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Launch of the Saudi iftar program in Bosnia and Herzegovina

RIYADH: Boulevard Riyadh City keeps surprising its visitors with even more splendid news: the arena has announced a special offer of free entry during Ramadan and will be open from 4:00 p.m. to 4:00 a.m. every day. The large complex, decorated with dazzling Ramadan decorations, offers visitors an excellent leisure …

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MICROCAPITAL BRIEF: Green Fund for Growth lends $5.5 million to MF Banka to promote renewable energy and SME efficiency in Bosnia and Herzegovina

The Green for Growth Fund (GGF), a Luxembourg-registered public-private partnership, recently partnered with MF Banka ad Banja Luka, a bank that primarily serves small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, to expand the bank’s loan for energy efficiency and renewable energy projects. MF Banka borrows 5 million euros …

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Analysis: Sickening scenes from a Kyiv suburb remind the world of the cruellest moments in history

On Sunday, a CNN crew saw at least a dozen dead in body bags piled up in a mass grave in the town of Bucha, northwest of the capital. Residents said around 150 people were buried there, while the mayor had said in public remarks a day earlier that there …

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Recently Moved, Promoted, or Appointed to Lincoln | Local business news

Fork Von Minden Levic Jürgens Shrimp Worthington Snader Lincoln, Neb. (March 12, 2022) – Swanson Russell recently promoted seven in its Lincoln and Omaha offices: Allen Forkner, Lynette Von Minden, Almir Levic, Abby Jurgens, RJ Shrimpton, Millie Worthington and Jordan Snader. Forkner was promoted to vice president/director of public relations. …

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3 Russian actions that may never recover from recent sanctions

Unfortunately, the ongoing conflict between Russia and Ukraine is claiming too many unfortunate victims. Investors who couldn’t get out of the battered Russian stocks before international exchanges abruptly suspended trading in Russian stocks can still hope to get out one day once trading resumes. However, the harsh, painful and crippling …

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🇧🇦 Bosnia and Herzegovina: BHRT on the brink of closure

BHRT, Bosnia and Herzegovina‘s public broadcaster, is set to shut down after its business bank accounts were blocked. BHRT management has issued an urgent appeal to the Bosnian government and associated stakeholders to save the future of the public broadcaster. BHRT has revealed that the public broadcaster’s accounts have been …

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Outstanding Contribution to Capacity Building: Peter Nicholl

One day in the late 1990s, an International Monetary Fund official walked into the Washington office of his colleague Peter Nicholl. The official asked Nicholl if he would like to be a central bank governor. Nicholl had come to IMF after a distinguished career at the Reserve Bank of New …

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Potential sale of Fortenova from Sberbank gains momentum after sanctions

(Bloomberg) – Sberbank PJSC’s stake in the Balkan’s biggest retailer has attracted interest from several suitors, according to two people familiar with the negotiations, as the Russian lender pulls out after being hit with war sanctions in Ukraine. Indotek-Investments, a fund controlled by Hungarian businessman Daniel Jellinek, is among the …

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BiH Financial Stability Standing Committee meeting held – Sarajevo Times

The Standing Committee for Financial Stability of Bosnia and Herzegovina (SCFS) held a meeting on the analysis of the situation of the financial sector in Bosnia and Herzegovina. It was concluded that the restructuring process of Sberbank BH dd Sarajevo and Sberbank ad Banjaluka was successfully completed. All previous risks …

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The United States and its allies will strip Russia of privileged trade status

The 1930s tariffs were designed to impose high levies on imports of manufactured goods and agricultural products, but low rates on imports of raw materials – a design that would limit costs for American factories, Mr. Gresser written in a blog post. The U.S. tariff on palladium, for example, which …

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The war in Ukraine is causing a flood of misinformation and fake news

In Serbia, the Twitter account of Youth of JAZAS, an NGO committed to HIV support and prevention, was taken back by an unknown person on February 25. Tweets from the hacked account compared Ukraine to AIDS and claimed Russia was “the cure”. The next day, after regaining control of the …

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Nova Banka of Bosnia acquires Sberbank Banja Luka

SARAJEVO (Bosnia and Herzegovina), March 3 (SeeNews) – Bosnian lender Nova Banka [BANJ:NOVB-R-E] acquired Sberbank Banja Luka, a local subsidiary of Sberbank Europe based in Austria, itself controlled by Russian Sberbank, the government of the Republika Srpska said, after announcing that it would buy the bank itself. The Republika Srpska …

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EU to restrict 7 Russian banks from SWIFT

European Union officials have agreed to withdraw seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the Belgium-based global financial messaging service, Bloomberg reported Tuesday, citing unnamed sources. The banks are VTB Bank, Bank Otkritie, Novikombank, Sovcombank, Promsvyazbank, Bank Rossiya and VEB, the sources told the press …

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Apple says it has ‘suspended’ all product sales in Russia

Tech giant Apple on Tuesday announced a halt to all product sales in Russia, the latest fallout from Moscow’s invasion of Ukraine. Western governments, sports organizations and big business cut Russia off or slapped punitive sanctions on it for the internationally condemned attack on its neighbor. “We have suspended all …

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With sanctions, Russian Sberbank faces “failure” in Europe

Sberbank and Russian bank branches in southeastern Europe face closures or takeovers following international sanctions imposed on Moscow over its invasion of Ukraine By DUSAN STOJANOVIC Associated Press February 28, 2022, 12:31 • 3 minute read Share on FacebookShare on TwitterEmail this article BELGRADE, Serbia – Faced with a rush …

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Challenges of cross-border payments for non-EU countries in Europe and future regulatory changes

Ognjen Vlacinaresponsible for payments and cash registers IKEA Southeast Europedetails the main cross-border payment challenges encountered in non-EU countries in Europe and future regulatory developments Over the past two years, in part due to COVID-19 restrictions, e-commerce transactions in retail have seen an overall increase over in-store transactions. Of the …

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Nuclear project with Russian reactors shakes up Bulgarian politics – EURACTIV.com

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Before you start reading today‘s edition of Capitals, be sure to read the article EU foreign ministers discuss Russian crisis amid fears of false flag …

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Wave of cybercrimes, political clashes, buffet region

On February 1, the Serbian branch of Raiffeisen Bank warned its customers that requests sent to customers to reactivate their mobile banking applications via email were fraudulent. The bank advised its customers not to follow these instructions. Two days later, the Serbian Post informed citizens that fraudulent messages were being …

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Endava: Margins under pressure, but outlook is good (NYSE: DAVA)

lcva2/iStock Editorial via Getty Images Investment thesis Shares of Endava plc (NYSE:DAVA) have corrected 27% from their December highs as interest in growth companies has waned in the market. In our view, this is an excellent opportunity to take a stand. Endava is actively growing in the most competitive market …

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As Russia announces withdrawal, Biden warns Ukraine invasion still possible

Video Russian President Vladimir V. Putin has said he intends to continue talks with the West and that Russia will withdraw some of its troops from the Ukrainian border. US officials said they were still assessing Russian troop movements.CreditCredit…Pool photo by Sergey Guneev MOSCOW – President Vladimir V. Putin said …

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To survive, BiH citizens are increasingly in debt – Sarajevo Times

To survive, the citizens of Bosnia and Herzegovina are increasingly in consumer debt. Of the total debt, which amounts to more than seven billion marks, no less than 75% relates to loans for general consumption. And while economic experts offer solutions to alleviate the crisis, the government is silent. “We …

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Greece and Bulgaria top EU COVID death list – EURACTIV.com

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Before you start reading today‘s edition of Capitals, take a look at the article ‘Could animal-to-human transplantation fill the organ shortage void in the EU? …

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Asseco South Eastern Europe SA: SEE (ASEE) acquires a majority stake in BS Telecom Solutions, specialized in complete telecommunications, intelligent traffic and Smart City information systems.

With this acquisition, ASEE strengthens its portfolio of telecommunications, intelligent traffic and AI-driven Smart City systems. ASEE has acquired a 60% stake in BS Telecom Solutions (BSTS), consolidating its position as a regional market leader in Southeast Europe in the area of ​​business digitalization. The acquisition is part of ASEE’s …

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King Abdullah Port highlights its commitment to the logistics sector

RIYADH: On the sidelines of the LEAP technical conference in Riyadh, Huawei Consumer Business Group opened its doors at the company’s new store in the capital, its largest overseas flagship store. The inauguration of the store took place on February 2, at Riyadh Front on King Salman Road and Airport …

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Huawei opens largest overseas flagship store in Riyadh

RIYADH: On the sidelines of the LEAP technical conference in Riyadh, Huawei Consumer Business Group opened its doors at the company’s new store in the capital, its largest overseas flagship store. The inauguration of the store took place on February 2, at Riyadh Front on King Salman Road and Airport …

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Five Star Bank Switches to Bitcoin, Picasso NFTs, Binance Unlocks SEPA+ Deposits More News

An associative image. Source: Adobe/matiasdelcarmine Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news. __________ Adoption News US-based community bank Five star bank announcement a partnership with the Bitcoin Company (BTC) NYDIG. This will allow bank customers …

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United Bank of Albania plans digital turnaround amid losses | Salaam Footbridge

When Bosnian Amel Kovačević took over as CEO of United Bank of Albania (UBA) in 2020, the institution recorded a loss of more than 356.6 million Albanian Lek ($3.3 million), falling from a profit of Lek 30.7 million ($0.3 million) in 2018 and Lek 8.7 million ($0.08 million) in 2019. …

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Profile of women and companies: Helena Rados Derr

Helena Rados DerrCEOStewart Capital AdvisorsStewartcap.com Helena Rados Derr considers many places her hometown. Born in Zenica, Bosnia and Herzegovina, Rados Derr arrived in Pittsburgh as a refugee in 1999 before moving to Indiana, Pennsylvania, where she became a naturalized citizen. After graduating from college, Rados Derr immersed himself in banking. …

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Banking as a Service Market Size, Share and Trend Analysis Report by Application, Regional Impacts of COVID-19, 2020-2027

Banking market OREGAON, PORTLAND, USA, January 18, 2022 /EINPresswire.com/ — Allied Market Research recently released a report, “Banking Services Market by Component (Platform and Service), Type (API-Based Bank-as-a-Service and Cloud-Based Bank-as-a-Service). Service), Enterprise Size (Large Enterprises and Small & Medium Enterprises) and End User (Banks, FinTech/NBFCs and Others): Global Opportunity …

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Credit Suisse chairman resigns after Covid investigation

Chairman of Credit Suisse Group, António Horta-Osório, steps down immediately after an investigation involving violations of the Covid protocol. Mr. Horta-Osório, in office for less than a year, would have broken quarantine rules to travel on a London-Zurich flight in November and attend the Wimbledon finals in July. The council …

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An international inventory of the evolution of public procurement

Healthy public procurement can unlock $1 trillion in savings each year that could be used to support green, resilient and inclusive economies. Governments today spend approximately $13 trillion on public contracts for goods, services and public works. At the same time, they lose a quarter of that spending to inefficiencies. …

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Saudi Minister of Islamic Affairs meets with Grand Mufti of Bosnia and Herzegovina

TAIF: Nahawand, a new music center in Taif which opened recently and offers a range of music lessons and services with the aim of discovering and developing new local talent, already intends to expand to six other Saudi cities. The center, named after a type of Arabic melody known as …

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Online identity document checks grow in the UK

Is the UK taking a side step or one more step towards digital ID by allowing more checks with uploaded ID documents? Changes to the Identity Trust Framework promise the private sector faster and more secure checks on people’s right to hire, work and request background checks. Among the providers …

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5 banking facts to fortify your finances in 2022

2022. New year. New you. A new look at banking? It would be a smart decision. Now is a great time to review your banking habits and see what you can do to help you reach your financial goals. Here are five facts to know about banking in 2022 and …

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In under-vaccinated Bosnia, the prison population stands out | Ap

SARAJEVO, Bosnia and Herzegovina (AP) – Bosnia’s coronavirus vaccination rate is one of the lowest in Europe, but a population in the Balkan country has thwarted the national trend: its inmates. More than 80% of the 2,000 men and women serving sentences in Bosnia’s 13 prisons have received at least …

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UniCredit chairman says bank mergers and acquisitions must focus on Europe -La Stampa

Adds detail quotes MILAN, December 27 (Reuters) – Bank mergers should target European expansion, UniCredit IDRC.MI Chairman Pier Carlo Padoan said in a newspaper interview on Monday, warning against deals that force lenders to focus more on the domestic market. Asked about the potential for post-pandemic banking mergers and acquisitions …

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Minimum corporate taxation – Explanation – Modern diplomacy

What has the European Commission proposed? The European Commission has proposed a directive to guarantee a minimum effective global tax rate of 15% for large groups operating in the European Union. agreement reached by the OECD / G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). The proposal sets …

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What we need to prevent a climate catastrophe

COP26 was not a fist in the air, nor the victory against climate change that humanity was counting on. Unfortunately, politics and commerce put a hard thumb on procedures, limiting possible action. Commitments to “phase out” coal, rather than a firm commitment to phase it out altogether, show how far …

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UK approves Covid jab for under 12s as new daily cases surpass 100,000

LONDON: For the past two years, the global refugee crisis has been eclipsed by the battle against COVID-19. But in 2021, there was a worrying increase in the number of people fleeing poverty and conflict, and everything points to the situation going to get even worse in 2022. Anyone who …

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Bosnian Federation banks increase 9-month net profit

SARAJEVO (Bosnia and Herzegovina), December 22 (SeeNews) – Net profit of the Bosnian Federation banking sector reached 264 million mark ($ 152.2 million / € 135 million) in the first nine months 2021, compared to 151.2 million mark in the same period a year earlier, the entity’s bank agency said. …

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bne IntelliNews – OPINION: Bosnia breakup momentum signals weak economy

More than 25 years after the Dayton Accords defined the heavy construction of post-war Bosnia and Herzegovina with a unitary state divided into distinct ethnic enclaves and the district of Brcko, the military and defense officials of the United United and EU have suddenly sounded the alarm over the danger …

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Serbia’s online bank completes IPA-funded European banking project

BELGRADE (Serbia), Dec.20 (SeeNews) – Serbia’s central bank, NBS, announced on Monday that it has successfully completed another project funded by the European Union’s Instrument for Pre-Accession Assistance (IPA) mechanism . Dubbed the ‘Program for strengthening the capacities of central banks in the Western Balkans for integration into the European …

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BNP Paribas exits US retail banking with $16.3 billion sale

For sharper, insightful business and economic news, subscribe to The daily advantage newsletter. It’s completely free and we guarantee you’ll learn something new every day. Bye. Farewell. Don’t let the door bump into you on the way out. On Monday, France’s biggest bank, BNP Paribas, became the latest in a …

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Ongoing OIC MF Council Extraordinary Session – Pakistan

Published on December 18, 2021 23:46 The meeting is convened against the backdrop of the worsening humanitarian situation in Afghanistan ISLAMABAD (Dunya News) – The 17th extraordinary session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) is underway to focus on the current worsening humanitarian …

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UniCredit S p A: wins the 2022 CEE Awards for Global Finance Trade Finance and Supply Chain Finance

UniCredit was named Best Trade Finance Bank in Central and Eastern Europe, Bosnia and Herzegovina and Croatia, and Best Supply Chain Finance Bank in Central and Eastern Europe in the Global Ranking of Best Finance Providers Global Finance 2022 Trade and Supply Chain Strategy. UniCredit was named Best Trade Finance …

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The Deutsche Bundesbank, together with 19 national central banks of the European System of Central Banks, the European Central Bank and the European Commission, completes the EU-funded program to support central banks and banking supervisory agencies in candidate countries to the EU and potential candidates from the Western Balkans

Together with 19 national central banks of the European System of Central Banks (ESCB), the European Central Bank (ECB) and the European Commission, the Deutsche Bundesbanktoday was the closing ceremony of an EU-funded program for the benefit of the Bank of Albania, the Central Bank of Bosnia and Herzegovina, the …

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Can Britain turn Bosnia away from secessionism?

Following the decision of the former High Representative Valentin Inzko to impose a ban on the denial of genocide and war crimes, officials of the entity Republika Srpska (RS), led by Milorad Dodik, launched a number of processes which are a secession in all but name and would lead to …

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A founder who fled Bosnia as a child learned to code by hand. Here’s how he built his career in tech, selling his first company at age 20 and taking his last company to the stock market.

Epti founder Arli Mujkic, aged around 10, taken in 1996, and 35, taken in 2021. Epti Arli Mujkic was six when his family fled Bosnia for Sweden in 1993. His family couldn’t afford a computer, so he learned to code by copying books. Today, Mujkic is preparing to introduce his …

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Authorities arrest director of Bosnian pharmaceutical company for money laundering

Head of Bosnia and Herzegovina’s largest pharmaceutical company appeared in Court of Bosnia and Herzegovina for laundering more than $ 4.6 million, according to Sarajevo daily OsloboÄ‘enje reported Thursday. Nedim Uzunović, director of the Bosnalijek company, the largest producer of medicines in Bosnia and Herzegovina, based in Sarajevo. (Photo: Bosnalijek)Nedim …

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Middle East autocrats sigh with relief: US signals Democracy Summit will not change policies

The United States signaled ahead of next week’s Democracy Summit that it is unlikely to translate empty words into adherence to human rights and democratic values ​​in the Middle East into a policy that demonstrates seriousness and commitment. In A declaration, the State Department said the December 9-10 summit would …

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The sperm banking market is expected to experience a notable increase over the next few years by 2027

The global sperm banking market size was valued at $ 4,741.51 million in 2019 and is expected to reach $ 4,860.39 million by 2027, registering a CAGR of 5.2%. PORTLAND, OREGON, UNITED STATES, November 24, 2021 /EINPresswire.com/ – According to the Allied Market Research report, titled “Sperm banking market By …

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International Banker Awards 2021 for Western and Eastern Europe

IIn light of the last United Nations Climate Change Conference, COP26, held in Glasgow, Scotland, much of the most notable recent banking activity has been around lenders’ commitments to cope with climatic risks. In the UK, for example, Bank of England (BoE) Governor Andrew Bailey confirmed in early November that …

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Microfinance Provider Partner Expands Energy Efficiency Portfolio in Bosnia and Herzegovina

With the help of the Green for Growth Fund (GGF), Partner has grown into one of the largest micro-lenders in Bosnia and Herzegovina, with over 60 offices. It has achieved an expansion of its rural clientele of 20%. With 5,000 microloans, Partner has helped clients in Bosnia and Herzegovina insulate …

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BTTS tips from Tuesday’s 20/1 World Cup qualifiers

With several European giants set to wrap up their respective World Cup qualifying campaigns tonight, our expert has one final fivefold of 20/1 WCQ BTTS tips to share. Plus, find out how you can bet £ 10 Get £ 30 at Betfred. Click here to join Betfred and bet £ …

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Guardian’s take on Bosnia and Herzegovina: High time to take a stand | Editorial

Bbetter late than never ? The United States and Europe are finally showing signs of realizing the dangers Bosnia faces. A long-rooted crisis has worsened considerably, with the chief representative of the international community, Christian Schmidt, warning that the country could soon erupt. He described a “very real” prospect of …

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Eurobites: Telekom Srbija turns to Vodafone for supply and more

Also in today’s EMEA regional roundup: rumors of Rwandan LEO satellites; Vivendi / TIM at the latest; faster speeds in Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogoch. State property Telekom Srbija hope a pinch of Vodafone fairy dust will help her with supplies and more. The two operators have entered into a new partnership agreement covering …

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Household deposits with commercial banks in Bosnia and Herzegovina amount to over BAM fourteen billion – Sarajevo Times

According to data from the Central Bank of Bosnia and Herzegovina, at the end of September 2021, the total household deposits with commercial banks in Bosnia and Herzegovina amounted to BAM 14.49 billion, the highest level recorded . Household deposits represented by far the largest share of total deposits with …

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The Central Bank of Bosnia and Herzegovina hosted the Fourth International Research Conference – Sarajevo Times

As part of its activities in the field of international cooperation, with the aim of stimulating academic debate, the Central Bank of Bosnia and Herzegovina (CBBH) organized an international research conference entitled “How Central Banks Cope to the macroeconomic consequences of the Covid-19 pandemic? “ This is the fourth international …

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Sberbank sells six banks in South East Europe to focus on key markets

ZAGREB (Croatia), November 4 (SeeNews) – Vienna-based Sberbank Europe has announced that it has signed an agreement for the sale of six subsidiary banks in Bosnia, Croatia, Hungary and Slovenia with total assets of 7.329 billion euros ($ 8.45 billion) to Serbian AIK Banka, Gorenjska Banka of Slovenia and Agri …

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bne IntelliNews – Bosnian central bank raises economic growth forecast

The Central Bank of Bosnia and Herzegovina (CBBH) has raised its projections for Bosnia’s economic growth in 2021 and 2022 compared to the projections of May 2021, which were prepared on the basis of quarterly data from the end of 2020. The CBBH press release says economic activity growth in …

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Debt to banks amounts to BAM 20 billion – Sarajevo Times

The rise in the prices of basic foodstuffs, clothing, shoes, fuel, has obviously forced citizens to Bosnia Herzegovina (BH) to increase further Following ready, be able to ensure their existence. Citizens, so to meet basic needs, increase loans, as evidenced by statistics kept by the Central Bank of Bosnia and …

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The World Bank Group at the World Climate Change Summit

In 2015, the world came together in Paris to fight climate change. Six years later, COP26 in Glasgow will aim to deliver on the promises of the Paris Agreement. World leaders and national delegations, business, civil society and youth representatives meet for two weeks to accelerate progress. What’s at stake? …

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Why are financial welfare benefits needed? ► FINCHANNEL

A recent CNBC report found that nearly 77% of Americans are worried about their financial situation. So, when these people show up at their workplace, they are faced with distractions thinking about solving financial problems. In fact, more than half of employees experience financial stress, which impacts productivity and results …

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Central bank: yesterday and today

The “Federal Reserve” is a story of insiders and outsiders, and the attempts of those in power to maintain and focus it. The People and Events That Shaped The Federal Reserve’s Monetary System Today | Part i This article will look at the creation of the Federal Reserve System, as …

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Bosnia Events Calendar October 27

SARAJEVO (Bosnia and Herzegovina), October 25 (SeeNews) – Here is a calendar of corporate, economic and political events taking place in or related to Bosnia and Herzegovina until November 29. New or modified entries are marked . Wednesday October 27 – The Statistical Institute of the Serbian Republic of Bosnia …

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PayPal-Pinterest brings social to great apps

PayPal could make a social commerce purchase soon, but likely on a larger scale than consumers buying many items: The financial services company is reportedly interested in purchasing the photo-sharing platform Pinterest. The potential acquisition – first reported by Bloomberg, which cited people who asked not to be identified because …

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Crocs says demand goes beyond supply

Crocs executives say they remain on track to meet long- and short-term sales targets despite headwinds in the supply chain as demand for polarizing shoes continues to outstrip supply. CEO Andrew Rees, in a conference call with analysts and investors Thursday, Oct.21, said the company saw its direct-to-consumer (D2C) sales …

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Chinese banking sector bad debt rate rises as pandemic impact lingers

Adds quotes, details BEIJING, October 21 (Reuters) – China’s banking sector saw its bad debt ratio drop to 10.87% at the end of September against 1.86% three months earlier under the effect of the The COVID-19 pandemic persiststhe sector regulator said Thursday. The expiration of loan relief policies, put in …

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Former AFCON Super Eagles winner joins Rangers

Former Super Eagles winger Ejike Uzoenyi is set for a sensational return to the Nigerian Professional Football League (NPFL) seven years after leaving the domestic scene. According to an official statement released on Monday by Rangers International FC, a deal has been successfully negotiated with the small left winger, who …

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Nepal’s transition to green, resilient and inclusive development (GRID) for sustainable recovery, growth and jobs

In 2021, Nepal adopted the Green, Resilient and Inclusive Development (GRID) approach to systematically address the impacts of COVID-19 and Nepal’s structural challenges, including slow national job creation, strong vulnerability to climate change and environmental degradation, low inclusion rates, and significant infrastructure gaps. The GRID approach involves a fundamental change …

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The Balkans becomes fertile ground for crypto scams

The Balkans are emerging as a hotbed of crypto scams, due to the region’s rambling financial regulations. Cryptocurrency trading on the peninsula has grown significantly, but the varying degrees of legal implementation in the Balkan countries is attracting a criminal element. In Croatia, for example, cryptocurrencies are not considered as …

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Why is China’s development a problem?

Houhai area in the Nanshan District of Shenzhen, south China’s Guangdong Province, September 17, 2020. / Xinhua Houhai area in the Nanshan District of Shenzhen, south China’s Guangdong Province, September 17, 2020. / Xinhua Editor’s Note: Ismail Bashmori is an Egyptian observer who lives in Toronto, Canada. This is an …

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Press release on the AQR carried out in Montenegro

Press release on the AQR carried out in Montenegro 09/15/2021 The first ARQ carried out outside the EU according to the ECB’s methodology confirmed the stability of the banking sector in Montenegro In line with the recommendations of the 2016 FSAP mission, the Central Bank of Montenegro (CBCG) launched the …

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3 pitfalls of using an online bank

When it comes to opening a check or savings account, you have the choice. You can use a brick and mortar bank, or you can use a online bank. Online banking certainly has their advantages. On the one hand, they don’t have the same amount of overheads as physical banks, …

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Nigerian Access Bank to issue Eurobonds next week

By Chijioke Ohuocha ABUJA, September 9 (Reuters) – Access bank ACCESS.LG, Nigeria’s largest lender, expects to problema dollar-denominated bond next week after a series of investor meetings this week, subject to market conditions, the bank said Thursday. Access Bank seeks to issue senior five-year unsecured bond and asked Absa, Barclays, …

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