On reassessing its investment in Nova Ljubljanska banka (NLB) in 2006, KBC decided to position itself as a purely financial investor in the Slovene bank. Consequently, KBC’s entire 34% stake became available on the market. KBC has now set the terms and conditions for a comprehensive structured process that will govern any future sale of KBC’s 34% stake in NLB to a third party and the divestment of KBC’s 50% stake in NLB Vita. KBC and the Slovene Government aim to organise an orderly, efficient and transparent tender process led by KBC, so that the most suitable new partner(s) for NLB can be selected in mutual consent between KBC and the Republic of Slovenia. The tender process started on 30 April with a resolution of the supervisory board of NLB supporting the sales process.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more