Insight Archives - Page 2 of 11 - New European Economy

Building a Future of Trust and Excellence: A Vision for BNF Bank

Categories: Cover Story, Insight

“As we stand within a rapidly evolving financial landscape, I am excited and determined to lead our Bank into a future that continues to build our reputation, deepens established trust among stakeholders, and propels us toward unparalleled heights of service excellence,” commented Mr David Power Chief Executive Officer at BNF Bank.

BNF Bank’s journey thus far has been marked by resilience, innovation, and a commitment to its clients, and it is upon this foundation that the team at BNF are committed to build the next chapter of the Bank’s success story.

Preserving and Upholding Trust
“Trust is the cornerstone of any successful financial institution, and we are fortunate to have earned the trust of our esteemed clients, partners, and communities over the years,” noted Mr Power. This trust has been forged through the Bank’s dedication to transparency, integrity, and putting customers’ interests first. “By consistently delivering on our promises and fostering open communication, we will further solidify our position as a bank that can be relied upon in both calm and turbulent times,” he continued.

A Reputation For Accountability: Cook Islands Finance

Categories: Insight

Dominic Hale speaks to Alan Taylor, CEO of Cook Islands Finance about the unique features and benefits of the South Pacific jurisdiction’s unique suite of pioneering and innovative products and services for those focused on wealth building, management and protection.

The Cook Islands is synonymous with best-in-class transparency, accountancy and responsibility, yet remains the go-to IFC for those seeking privacy and protection. Alan Taylor explains the secrets to its success…”

Fintech’s Trillion-Dollar Forecast

Categories: Insight

Competition from fintech towards traditional finance continues to elevate the customer experience for so many across the globe – including those historically excluded from accessing financial services

By 2030, it is estimated that the global fintech industry will be worth in excess of $1.5 trillion. Despite a difficult 2022 for fintech and turbulence now being felt across banking services – fintech looks set to continue disrupting the way we approach finance in the coming years. This is according to CEO of Lanistar, Jeremy Baber.

Five Green Flags You Need to See in Your Ideal IT Partner

Categories: In Focus, Insight

Five questions you need to ask to ensure you have the right IT partner to lead you through your digital transformation

With digital transformation, the only certainty in the years to come is uncertainty. We have seen that resilient and agile companies are more likely to survive the challenges facing businesses as technology evolves. And with continued uncertainty in the workplace, agile, scalable IT to meet your specific needs, is vital to business operations, proving managed IT services are more than just outsourced technology.

Rachel Thorne, Director of Operational Excellence at Espria, gives five key questions every business should ask to ensure they have the right IT partner for their needs.

Global Investor

Categories: Caribbean, Cover Story, Insight

Interview with Charmaine Quinland-Donovan, CEO, CIU Antigua and Barbuda

CEO Insight: Why has citizenship investment become so important for global investors?

Charmaine Quinland-Donovan: Profit optimization, portfolio diversification, access to new markets and tapping into unique business opportunities are the outcomes global investors pursue. The early development of the investment migration industry was driven by the need for investors, particularly from jurisdictions whose travel documents did not afford ease of travel, to have access to greater mobility. However, as the industry has developed, all of the traditional investment imperatives are also operating as pull factors for many global investors. As such, they are in pursuit of much more than mobility – they are in search of options, both for their commercial interests as well as their lifestyle. Citizenship paves the way for real societal and economic integration: global investors understand, adopt to and transform the industries and economies in which they operate. There is a duality of benefit as the host countries receive direct inward investment, augment skills and competencies and foster the growth of the many ancillary activities which accompany the increased economic activity.

European Payments Initiative Size-Down:

Categories: In Focus, Insight

Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling global payments processors. Having 20 banks opt out, the remaining institutions are expected to shift focus to creating a digital wallet.

Inflation Rattles Wall Street

Categories: Insight

‘’Energy is being increasingly weaponised as the war in Ukraine looks set to enter the long haul and expectations grow that a crude oil embargo will end up being slapped on Russia by the EU. For now the tit for tat retaliation centres around gas supplies, with Russia turning off the taps to Poland and Bulgaria after both nations’ refusal to pay in rubles. Sanctions isolating from Russia from the global financial systems have prompted this strategy to drive a ruble rebound, after the currency went into freefall following the invasion, and it’s been working helped by the initial 20% interest rate hike and currency controls. High incoming tax receipts expected have helped push up the currency this week.

5 Tips For Choosing The Right Bank

Categories: Cover Story, Insight

Choosing the right banking partner is crucial for success for corporations engaged in international trade. It is essential to choose a provider based on the requirements of the business.

Here are 5 tips to help that would help a corporate to choose wisely.

1. Consider Your Special Requirements
For an SME in the import/export business, it is important to look for a financial institution that specializes in trade finance products, that provides services such as letters of credit, bank guarantees, supply chain finance and international trade settlement.