Euro Exim Bank was proud to be a key exhibitor, and panelist at the recent 3i Africa Summit held on May 13-15 in Accra, Ghana. …
Amidst challenges and opportunities, faith stands out as a cornerstone of success in the diverse African business landscape. Beyond mere religious belief, faith in oneself, in the vision, and in a higher power plays a pivotal role in navigating the complexities of entrepreneurship in Africa. Of multifaceted importance, faith fosters resilience, perseverance, and innovation, ultimately driving business success across the continent.
Step into the world of Cook Islands Finance with an exclusive interview featuring CEO Tony Fe’ao. Gain insights into the innovative financial products, brand-building endeavours, and strategic partnerships shaping the organization’s dynamic presence in the ever-evolving international financial services landscape. This interview unveils the multifaceted strategies and forward-thinking initiatives propelling Cook Islands Finance on its mission in the global financial arena.
BNF Bank announced a robust financial performance for the year 2023, recording a profit before tax of €13.0 million – a 6.75% increase over 2022. Higher profitability in 2023 was primarily due to increased net interest income of €32.5 million (2022: €25.8 million). In addition to net interest income, net fees and commission income and other ancillary income contributed to a net operating income for 2023 of €36.2 million (2022: €30.1 million). The Bank’s cost-to-income ratio reflects the technology investment the Bank is undergoing, which will be in the Bank’s long-term financial interest. The cost-to-income ratio stood at 65.1% for…
