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Performance analysis of the major Luxembourg UCI categories in 7. He emphasised that the government guarantees for inter-bank lending were “absolutely crucial” to freeing up the banking paralysis.

Banking shows steady growth, Business, Phnom Penh Post

Europe is ready to take action and restore trust. The CSSF in figures 2. Press Room Conferences and events. In the medium term we’ve got to rebuild the international financial system. Cambodia’s financial sector saw healthy growth last year with increased deposits corporatte profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report.

In Channy, president and CEO of Acleda Bank, said that the increase in NPL rates needed to be addressed by lenders, while he maintained that the situation was currently not a major concern.

Europe follows Brown plan for survival as EU bank bail-out plan is agreed

Reports related to the fight against money laundering and terrorist financing. The rate of credit growth in the microfinance sector declined to just 4.

Germany, France, Italy and a further 12 European countries last night unveiled a “comprehensive” plan for salvaging their banking systems from potential ruin, as panicked European leaders met to try to ward off more financial meltdown before the markets reopen today.

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An emergency summit in Paris of the 15 ge using the euro single currency was encouraged by Gordon Brown to adopt the rescue plan he launched last week as the template for an increasingly global approach to the financial crisis.

Annual report – Cover. Annual report – Chapter 9: The financial centre in figures 3.

Specialised investment funds SIFs 5. Directives adopted by the Council and the European Parliament but not yet implemented under national law 3. Functioning of the CSSF 2. Several key US financial institutions, including JP Morgan and Citigroup, will release their results this week; and Wall Street giant Morgan Stanley is battling to secure an injection of capital from Japanese bank Mitsubishi.

Annual report – Chapter 6: Supervision of pension funds 1. Developments in the regulatory framework. Annual report – Chapter 1: Order by newest oldest recommendations. President George Bush took the unprecedented step of addressing the meeting of the G20, which includes the G7 and a number of key developing countries such as China, India 12bamking Brazil.

Developments in of the other professionals of the financial sector PFS 2. However, despite strong growth last year, some industry insiders predicted that the Cambodian financial sector — and the microfinance sector in particular — could see a noticeable slowdown this year due to the recently implemented 18 percent interest rate cap on all corpoorate and restructured microfinance loans that began on April 1.

Higgins expected that growth rates in Cambodia for will be broadly in line with or slightly lower thanthough it would still be one of the best performers in the region. Activities in 2. Annual report – full version. About Legal disclaimer Privacy Policy. Supervision of the other professionals of the financial sector 1.

We will not update this account. Dominique Strauss-Kahn, managing director of the IMF, warned that the global financial system was “on the brink of systemic meltdown”.

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Developments corporatw the UCI sector in 2. To be kept informed about our latest news, please subscribe here. Laws passed in UCIs investing principally in real estate assets 6. Supervision of undertakings for collective investment 1.

Hor Kimsay and Matthieu de Gaudemar. Reporting of transactions in financial instruments 2. Supervision of the banking sector 1. Developments in the banking sector in 2. 12bankinh report Annual report Annual report Annual report Annual report Annual report Annual rfport Annual report Annual report Annual report Annual report Annual report Annual report Annual report Annual report Annual report Annual report 12baning report Annual report Annual report Inside the kitchen of a small and cosy restaurant in Fukuoka, a city of 1.

Supervision of securities markets 1. Richard Fisher, governor of the Dallas Fed, underlined the growing economic crisis in the US yesterday when he said the world’s largest economy faced a prolonged recession. Major events in 2. The 12ganking main policy committee issued a statement saying that it “recognises that the depth and systemic nature of the crisis call for exceptional vigilance, coordination and readiness to take bold action”.

Means of sanction available to the CSSF 1. Annual report – Chapter 5: Banking and financial legislation and regulations 1. Co-operation within European institutions 3. The three elements – liquidity support, inter-bank lending guarantees and recapitalisation of distressed banks – are the core of last week’s Brown plan and look set, with national variations to take account of differing systems, to become the European standard.