Banks in Central, Eastern and Southeastern Europe (CESEE) reduced the pace of deleveraging in the first quarter of 2015 compared with the previous quarter, and the related capital outflows moderated. Credit growth continued to diverge across the CESEE region, according to the latest report from the Vienna Initiative Steering Committee. Banks reporting to the Bank … Continue reading
Originally posted on EbolaInfo:
All 5 BRICS nations central Banks are members BIS (Bank for International Settlements) B – Brazil Central Bank of Brazil R – Russia Central Bank of the Russian Federation I – India Reserve Bank of India http://en.wikipedia.org/wiki/Reserve_Bank_of_India C – China People’s Bank of China S – South Africa South African Reserve…
At the end of 2014, the Bank for International Settlements (BIS) in Basel published the most recent data outlining the position of foreign banks in Russia and Russian banks abroad, and shedding light on the possible losses for the parties involved (the banking systems) should the banks be drawn further into the war. By Valentin … Continue reading