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Spain's economy minister says Catalan bank clients, business have nothing to fear

Spain's economy minister says Catalan bank clients, business have nothing to fear

2017-10-04 09:47:52, thestar.com.my

MADRID (Reuters) - Spain's Economy Minister said on Wednesday that the clients of Catalan banks and businesses have nothing to fear from a growing crisis in the region which has said it will declare independence from the rest of Spain following a banned referendum. "Catalan banks are Spanish banks and European banks are solid and their clients have nothing to fear," Luis de Guindos said on the sidelines of a conference in Madrid

 

Economy

Mida continues to play role to attract investments, ensure inclusive economic growth: Najib

Mida continues to play role to attract investments, ensure inclusive economic growth: Najib

2017-10-01 06:00:46, thesundaily.my

KUALA LUMPUR: Datuk Seri Najib Abdul Razak said the role of the Malaysian Investment Development Authority (Mida) is expected to be more important in the years to come in ensuring an inclusive economic growth and build Malaysia's image as a high technology country and a global activity centre. The prime minister said the organisation that had been operating since 1967 was capable of helping the country achieve a developed nation status

 

Economics

M'sian banking industry sound, can support economic growth: HLIB Research

M'sian banking industry sound, can support economic growth: HLIB Research

2017-03-24 07:34:10, nst.com.my

KUALA LUMPUR: The Malaysian banking sector has ample liquidity and has benefitted from regulations on capital management, said HLIB Research today in its 'Industry Insight' report on banking. The research house's note on Bank Negara Malaysia (BNM)'s 2016 annual report, which was released yesterday, highlighted that despite the challenges faced in 2016, positives like SMEs lending support to business loans, the cooling down of household debt, and an increased use of technology by banks, kept the banking sector on firm ground

 

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