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Disruption is normally seen as being bad news for incumbents. This is not necessarily the case.

Disruption is normally seen as being bad news for incumbents. This is not necessarily the case.

Source: Financial IT
The previous edition of Financial IT provided a comprehensive overview of Blockchain. This edition of Financial IT, whose publication coincides with the Sibos conference taking place in Geneva on 26-29 September, covers the other main source of disruption for financial services executives. If that other source could be summarised in one word, that word would be: FinTechs.  Read more
International Investment Bank is 45

International Investment Bank is 45

Source: Финансы
The International Investment Bank (IIB) was established in 1970 by Council for Mutual Economic Assistance (CMEA) member states to implement investment projects in these countries. The Agreement establishing IIB as an international financial institution was registered with the UN Secretariat under the number 11417. IIB headquarters is located in Moscow. During the Soviet times, the IIB was the largest investment bank in CMEA member states, and many large facilities were built with its financial…  Read more
International Investment Bank opens council meeting in Hanoi

International Investment Bank opens council meeting in Hanoi

Source: Nhandan
Addressing the conference, World Bank country director Victoria Kwakwa said the IIB has affirmed its role in providing better support for the private economic sector, contributing to economic development in its member countries including Vietnam. Governor of the State Bank of Vietnam Nguyen Van Binh noted that after 45 years of operation, the IIB has developed into a modern international financial organisation meeting global standards. Vietnam joined the IIB in 1977 with the committed charte…  Read more
IIB wraps up its 104th Council Meeting in Vietnam

IIB wraps up its 104th Council Meeting in Vietnam

Source: VIR (Vietnam Investment Review)
The highest governing authority of the International Investment Bank (IIB), the IIB Council, held its 104th meeting in Hanoi last Friday, marking the formal completion of IIB’s institutional reform, which started in 2012. All member states of the Bank have now adopted the new statutory documents, which will come into force after once all members have approved. The meeting boasted the bank’s achievement of financial stability and balanced growth dynamics of the main…  Read more