For the second time in 2017 to discuss the latest developments and challenges in the banking sector, the CEOs Advisory Council of the UAE Banks Federation (UBF), a professional representative body comprising 48 member banks operating in the UAE, met. Namely the Ethical Selling Code of Conduct as well as the Customers Complaint Framework, the…

Under the chairmanship of Khalifa Mohammad Al Kindi, Chairman of the Board, the Board of Directors of the Central Bank of the UAE held its 3rd meeting for 2017 recently. The meeting was attended by Khalid Juma Al Majid, Deputy Chairman, Mubarak Rashed Al Mansouri, the Governor, and Board members; Younis Haji Al Khoori, Khalid…

“I am proud that one of the world’s five largest banks is coming to Serbia and that the briefness of the period in which the preliminary license was given says a lot about this bank and its cooperation with the Central Bank of Serbia.” This was proudly announced by Jorgovanka Tabakovic, the governor of Central…

According to reports, the Cooperative for Ethical Finance has filled all the necessary documents to the Croatian National Bank in order to start the procedures for the foundation of the first ethical bank in Croatia. The nature of the Ethical Banking will be rather different from the commercial banks. Its clients will have a continuous…

There are a lot of people who believe that Fintech start-ups are the source of disruption. There is also a group of people that they will say that they are more of a distraction. But if you actually think about it, both sides are correct since the underlying market mechanism behind most of this new…

Mortgage Applications raised up to 14.2 Percent in U.S. There was new data information -­post-­Brexit­- from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. The data shows : The Market Composite Index increased 14.2 percent, on an unadjusted basis. The Index increased 14 percent compared with the previous week. The Refinance Index increased 21 percent….

It was last week where the results of the first round of the Federal Reserve’s annual «Stress Tests» were announced. The «Stress Tests» evaluate whether U.S. banks have enough capital to withstand a financial crisis. They were created after the financial crisis as a means of evaluating whether banks have enough of a financial cushion to absorb losses…

Millennials are now the largest generation of consumers in the world. Born between 1977 and 1995, this generation is 77 billion people strong in the U.S. and makes up 24% of the country’s population. That is a lot of buying power to harness, but traditional marketing tactics don’t always work with this generation. They shop…

Even thought it seems that fintech innovation has lost a little bit of its shine. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised and London facing an uncertain future with Brexit. But none of that means that innovation is any less necessary. Indeed, many banks are just…

Some investors are fans of growth stocks, others of value stocks and some prefer a mix of both. It’s difficult for a stock to satisfy everyone’s needs, but there are 3 companies that are worth investing in! 1. Nike Nike is the leader in athletic apparel for decades and everyone recognises it! Despite the huge…

Page 2 of 3 1 2 3

© 2018 PETROS STATHIS | ALL RIGHTS RESERVED.

Petros Stathis

STAY CONNECTED WITH US: