Latest News for: Bank offshore

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UAE expats and offshore banking: All you need to know

The National 20 Jun 2021
An offshore bank account is a must for many internationally mobile expats operating in the UAE and Middle East ... But when Robert Salmon looked to open a new offshore bank account, he wanted something different. The oil services specialist, 58, says customer service at the big offshore banks leaves much to be desired.
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Foreign debt fell 1.5% to $97b at end-March — BSP

Manila Standard Today 20 Jun 2021
The recorded drop was due to settlement of maturing obligations by private domestic banks; increase in resident investments in Philippine debt papers issued offshore; and negative FX revaluation, which slightly offset the increase caused by prior periods’ adjustments.
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NV Capital to launch country's 1st Media & Entertainment Credit Fund

Sify 17 Jun 2021
Mumbai. NV Capital on Wednesday announced the launch of its maiden Media and Entertainment Credit Fund ... The fund recently received a nod from SEBI as Category II Alternative Investment Fund. NV Capital is looking to raise funds from domestic as well as offshore investors such as Financial Institutions, HNIs, Family Offices and Banks ... .
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Fin close reached on 247-MW Arcadis Ost 1 wind project off Germany

Renewables Now 16 Jun 2021
Belgium’s Parkwind NV announced on Tuesday the financing close on its 247-MW Arcadis Ost 1 offshore wind project in German waters of the Baltic Sea ... The project was successful in Germany’s offshore wind auction in April 2018.
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Yuan deposits decline for a third consecutive month

Taipei Times 16 Jun 2021
Yuan deposits held by local banks last month slipped by 0.45 ... Yuan deposits at local banking units fell 0.62 percent to 206.3 billion yuan, the central bank said. Offshore banking units reported a fractional 0.66 percent increase in yuan deposits to 31.74 billion yuan, it added.
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Researchers discover largest-known flock of declining shorebird roosting in coastal SC

The Post and Courier 16 Jun 2021
About 20,000 whimbrel were confirmed roosting at night at the Deveaux Bank Seabird Sanctuary, off Seabrook Island 20 miles south of Charleston, during their annual journey north ... Crab Bank compromise will move dredge material away from mouth of Shem Creek ... Sustaining shorebird species involves protecting seabird sanctuaries such as Deveaux Bank.
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Global Tax Deal Holdouts Face Squeeze Under Biden Plan

Wall Street Journal 16 Jun 2021
The Biden administration aims to deflect those attempts ... consumer market to give other countries a choice. impose a minimum tax or watch the U.S ... changed its tax laws in 2010 to prod foreign banks into identifying Americans’ offshore accounts to the Internal Revenue Service ... .
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How COVID-19 crisis redefined IT resilience

Live Mint 16 Jun 2021
Premium Premium ICICI Bank raises ₹2,827 crore by issuing bonds. Premium Premium RBI slaps fine on two co-operative banks for non-compli .... Industries that will turn to automation the most will be supply chains, manufacturing, offshoring and BPO services, e-commerce, banking and insurance.
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Enormous flock of declining shorebird discovered in South Carolina

Phys Dot Org 16 Jun 2021
But when Sanders pursued a hunch about the large numbers of whimbrel she saw congregating at Deveaux Bank—a small island just 20 miles south of Charleston—she could barely believe what she'd found ... They seek large, isolated offshore refuges like Deveaux Bank, where disturbances from people and predators are minimal ... "That's Deveaux Bank ... Felicia J.
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Global tax deal holdouts face squeeze under Biden administration plan

Live Mint 16 Jun 2021
Some countries might try to stay outside the emerging agreement to impose a global minimum tax on corporations so those nations can use low tax rates to attract businesses ... MORE FROM THIS SECTIONSee All ... changed its tax laws in 2010 to prod foreign banks into identifying Americans’ offshore accounts to the Internal Revenue Service ... What i .... The U.S.
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Stanford Marine Group secures financing from National Bank of Fujairah

Gulf Daily News 15 Jun 2021
The new financing reflects both the strength of SMG’s relationship with NBF and the bank’s confidence in SMG’s prospects and management’s ability to execute on these – underpinned by NBF’s in-depth knowledge in the offshore support vessel sector, which is one of the bank's focus areas.
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Access Bank officially launches its operations in South Africa

Independent online (SA) 15 Jun 2021
YESTERDAY marked the official launch of Access Bank South ... With its transactional account and online banking, commercial and asset finance, offshore investments and foreign exchange requirements or deposit solutions, Access Bank put the power of choice in clients’ hands, he said.
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RWE begins construction works at Sofia Offshore Wind Farm

Power Technology 14 Jun 2021
German offshore energy company RWE has started construction works at its 1.4GW Sofia Offshore Wind Farm project on Dogger Bank, UK ... In 2010, a consortium of energy companies, including RWE, secured the rights to develop offshore wind energy on Dogger Bank from the Crown Estate, as part of its Round III Leasing Round.
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Stanford Marine Group secures financing, gets new board

Gulf Daily News 14 Jun 2021
The new financing reflects both the strength of SMG’s relationship with NBF and the bank’s confidence in SMG’s prospects and management’s ability to execute on these – underpinned by NBF’s in-depth knowledge in the offshore support vessel sector, which is one of the bank's focus areas. .
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Onshore works start on RWE’s 1.4-GW Sofia wind farm in UK waters

Renewables Now 14 Jun 2021
“By installing next generation wind turbines and the most advanced balance of plant technology so far offshore, we will also gain valuable insights to deploy on our new projects, especially our two new adjacent sites on Dogger Bank South which we were recently awarded by The Crown Estate,” said Sven Utermoehlen of RWE Renewables.
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