Latest News for: Bank offshore


Turkey ranks as 5th biggest wind investor in Europe

Anadolu Agency 13 Apr 2021
Germany and France also invested the most in onshore wind and France financed its second and third offshore wind farm ... "Bank finance remains crucial, and more and more of it is project-specific rather than corporate debt, especially in offshore wind," the report said.

New wind investments in Europe rise to EUR 43bn in 2020

Renewables Now 13 Apr 2021
The offshore wind investments last year were pushed up by big projects such as Dogger Bank in the UK and Hollandse Kust Zuid in the Netherlands ... The debt-to-equity ratios for wind farms remain at between 70-90% debt and 10-30% equity, with bank finance becoming increasingly project-specific, especially for offshore wind projects.

Prosecution Service rules controversial Nama trial to be heard in non-jury court

Belfast Telegraph 13 Apr 2021
A controversial trial linked to the Nama property scandal involving a former Sinn Féin MLA, a party member and loyalist Jamie Bryson is to be heard in a Diplock-style non-jury court ... Under Assembly privilege, he named a number of people he said were to benefit from £7m moved to an offshore bank account as part of the deal ... .

This upper-class traitor walked away from billions — and he's here to tell us how ...

Raw Story 13 Apr 2021
What if a rich person steals money from people and then parks it in an offshore trust or some other type of account or asset? There is a law professor at the University of Richmond named Allison Tait who describes this as "high-wealth exceptionalism." ... So what do you do? You move it into an offshore tax haven. You open up a bank account ... .

EDITORIAL: Tax evaders should consider if evasion is still worth the risk

Business Day 12 Apr 2021
Sars commissioner Edward Kieswetter says Sars also has arrangements with offshore banks and other financial institutions to automatically submit information about South Africans with bank accounts in their jurisdictions ... assets offshore in banks and financial institutions.

Egyptian banks face further pressure from COVID-19 fallout

Gulf News 10 Apr 2021
Rising loan impairments amid the difficult economic environment and low interest rates have resulted in declining profitability of banks ... Banks tend to park the largest part of this foreign currency inflow in (liquid) offshore inter-bank placements but some would also use a small portion to grant (less liquid) foreign currency domestic lending.

Weekly renewables M&A round-up (Apr 5-9)

Renewables Now 09 Apr 2021
Renewables Now covered M&A stories about ACS, Vinci, Norges Bank, Atlantica and others over the past week ... The asset management division of Norges Bank, Norway’s central bank, has agreed to buy a 50% stake in the 752-MW Borssele 1 & 2 offshore wind farm located in Dutch waters from Danish energy group Ørsted SA (CPH.ORSTED).

Rafale row: Sushen Gupta legal team breaks silence over alleged payments, dubs reports “baseless”

TeluguStop 09 Apr 2021
New Delhi, April 9 ... It said that the reports seem to be "motivated" ... The French news portal has alleged that the bulk of the payments were made before 2013 ... The legal team also said that Gupta does not have any companies or bank accounts outside India and has never had any offshore dealings with Dassault, Thales or Safran as alleged.

Georgia Gambling Conference 2021 – Event About the Opportunities and Prospects of the Georgian Gambling ...

Bitcoin Garden 09 Apr 2021
Georgia Gambling Conference 2021 will take place in Tbilisi on April 15 ... Event will be organized by Smile-Expo ... Presentation ... in Europe, Asia, Africa, offshore jurisdictions and the USA. Provides support at all stages of remote opening of accounts in foreign is a new online platform on the Ukrainian gambling and entertainment market ... .

New Yahoo News/YouGov poll: Americans favor every key aspect of Biden’s infrastructure plan

Yahoo Daily News 09 Apr 2021
Despite Republican opposition in Congress, majorities of Americans favor every key aspect of President Biden’s infrastructure plan, according to a new Yahoo News/YouGov poll. The survey of 1,649 U.S ... Republicans are opposed, 58 percent to 22 percent ... taxes by putting their money in offshore banks; and a majority (51 percent) support raising the U.S ... .

Swiss banker to Venezuelan kleptocrats becomes star witness

Wtop 08 Apr 2021
During that time, Krull, who worked for the Julius Baer Group, played a singular role as the go-to private banker for the so-called Bolichicos — the privileged offspring of Venezuela’s Bolivarian revolution — as they looked to shuttle their overnight fortunes offshore ... Other banks were hungry, too.

Norway oil fund takes stake in Dutch wind farm

Market Watch 07 Apr 2021
Norges Bank Investment Management, the arm of Norway's central bank that manages the country's ... Norges Bank Investment Management said it will buy the stake in the Borssele 1 & 2 offshore wind farm from Denmark's Orsted AS, who will remain co-owner and operator of the project.

Ørsted to sell stake in offshore wind farm to NBIM

Power Technology 07 Apr 2021
Denmark-based power company Ørsted has signed an agreement to divest a 50% ownership stake in its Borssele One and Two offshore wind farm to Norges Bank Investment Management (NBIM) ... stake in its Borssele One and Two offshore wind farm to Norges Bank Investment Management (NBIM).

Norwegians buy 50% stake in Ørsted’s Borssele 1 & 2 offshore wind farm

Splash24/7 07 Apr 2021
Norges Bank Investment Management (NBIM), an asset management division of the Norwegian central bank, is to acquire a 50% ownership in the largest offshore wind farm in the Netherlands, Borssele 1 & 2 from Denmark’s Ørsted ... Mie Holstad, chief real assets officer at Norges Bank Investment Management, stated.

Norges Bank arm to buy 50% stake in Borssele 1&2 from �rsted

Renewables Now 07 Apr 2021
The asset management division of Norges Bank, Norway’s central bank, has agreed to buy a 50% stake in the 752-MW Borssele 1 & 2 offshore wind farm located in Dutch waters from Danish energy group Ørsted SA (CPH.ORSTED). Norges Bank Investment Management (NBIM) ...