Offshore Investment Bank

Latest News for: Offshore investment bank

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Wealthy Indians diversifying their investment portfolio internationally – Here’s why

Financial Express 26 Mar 2023

The trend is expected to continue, with experts predicting that Indian HNIs will allocate even more funds to offshore investments in the coming years.Also Read ... Offshore investments also provide HNIs access to international markets and currencies, allowing them to hedge against inflation and exchange rate fluctuations.

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I&m Bank Uganda Launches Offshore Banking

All Africa 16 Mar 2023

I&M Bank Uganda in collaboration with Mauritius financial giant, Bank One has launched Offshore Banking services for its clientele to have access to the best global investment solutions ....

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Nomo launches multi-currency accounts and card

Gulf Daily News 13 Mar 2023

Nomo is aiming to disrupt the GCC transfer market by offering international spending and transfers in the local currency, as well as fee-free transfers to GBP bank accounts – ideal for customers with offshore investment portfolios looking to send and receive money with low fees.

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Full steam ahead for Clarkson as dividend grows

The Times/The Sunday Times 07 Mar 2023

Clarksons describes itself as the world’s leading provider of integrated services and investment banking capabilities to the shipping and offshore markets ... .

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TD Bank to pay $1.2B to settle case

The Buffalo News 28 Feb 2023

... bank in Antigua. The settlement is a major victory for the court-appointed receiver, Ralph Janvey, who has struggled for years to recover money for the 18,000 customers of Stanford Financial who invested in high-yielding certificates of deposit issued by Stanford's offshore bank.

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Forbes Daily: Most Eligible Billionaires

Forbes 14 Feb 2023

These billionaires are still looking for a Valentine; foreign direct investment into China has gone negative; Tether moved $37 billion of its reserves to an offshore bank; and more ... .

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HNIs seek SAFE passage to startup valley

The Times of India 13 Feb 2023

Wealthy Indians, betting on Silicon Valley startups, have sent out feelers to the Reserve Bank of India (RBI), to lift the ban on offshore investments in 'SAFE notes' - a popular instrument floated by new ventures to raise money without diluting the equity of founders.

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Govt paves way for IFSC units to issue P-notes to foreign investors

The Times of India 02 Feb 2023

There is already some interest in enabling IFSC funds to issue P-notes and it will be interesting to see whether the benefit will be restricted only to offshore banking units of foreign banks or extended to other entities like alternative investment funds (AIFs) set up in IFSC as well, he added.

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NRIs in UAE: What are the effects of India Budget 2023 on your money?

Gulf News 01 Feb 2023

When it comes to investing in Offshore Derivative Instruments (ODIs), it’s the IFSC Banking Unit (IBU) which makes the investments in permissible Indian assets, on behalf of NRI or overseas investors ... Offshore Derivative Instruments (ODIs) are vehicles of investment used by ...

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NRIs in UAE: How does India Budget 2023 help better your finances?

Gulf News 01 Feb 2023

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Insigneo Appoints Homar Mauras to Market Head for the Andean Region, Central America and the Caribbean

Maryville Daily Forum 30 Jan 2023

He has worked in roles throughout multiple geographies, across all operational areas of the investment wealth-management business including operations management, sales management, offshore banking products, business development and business process improvements.

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Okowa’s N100bn Loan Request Gets Delta Assembly’s Approval

This Day 28 Jan 2023

Meanwhile, the House also granted another request by the governor for a N2 billion bank facility to fund additional investment of three per cent equity in UTM Offshore Limited Floating Liquefied Natural Gas (FLNG) Project ... ”UTM Offshore Limited, which in the first instance offered ...

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Suriname’s Oil Boom Hits A $10 Billion Snag

Oil Price 20 Jan 2023

A series of high-quality oil discoveries in Block 58 offshore Suriname combined with investment bank Morgan ...

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PETER DACHS: Are exchange-control loop structures still permitted?

Business Day 16 Jan 2023

In terms of the 2021 circular, SA companies and resident individuals with authorised foreign assets could invest in SA assets provided that, where such assets were acquired through an offshore structure, the investment was reported to an authorised dealer (commercial banks acting as agents for the Bank in relation to exchange control matters).

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Russia uses yuan for interventions

Hong Kong Standard 11 Jan 2023

The Russian central bank said it would carry out forex transactions on the ... Meanwhile, China's Ministry of Commerce and People's Bank of China jointly encouraged the banks to issue loans in offshore yuan to lower the financing costs for overseas investments.