Banking

During the past five years, they have streamlined their organizations through closure of less efficient branches and scaling back their workforces through ..... and early retirement, among other factors.

The initial recapitalization from 2003-2005 amounted to at least RMB608bn, consisting of an injection of capital through State Administration of Foreign Exchange (SAFE) investment, new shares subscribed to by the National Social Security Fund, and accumulated losses ..... by the Ministry of Finance.

Singapore's 2006 budget outlines many ..... for businesses operating in Singapore in the financial and related sectors.

Such large government-backed initiatives and the drive to create a new tourism hub in Singapore ..... well for the large tourism industry, which saw nine million tourists arrive on Singapore's shores in the past year.

Alfa Bank (Ukraine) is part of the Russian financial and industrial ..... Alfa-Group; this Ukrainian bank cannot only rely on the support of its parent company in Russia, but is a rapidly growing and profitable entity in its own right.

UkrSibBank is the third-largest bank in Ukraine, with a controlling 51% stake held by BNP Paribas; the remaining 49% belongs to two Ukrainian businessmen, who also hold substantial stakes in the country's metallurgical and chemical industries, the ..... of Ukrainian export.

Last year was a good year for the Turkish economy, which has proven to be resilient against monetary readjustments that in the past would have caused problems; the present government, tied up with the upcoming elections and the EU ..... talks, still manages to master inflation rates and maintain economic growth objectives.

Adabank had been seized by the Banking Supervision and Regulation Agency (BDDK) in July 2003 as part of the Imar Bank investigations and was put up for public ..... by the Saving and Deposits Insurance Fund (TMSF).

In the 1970s, the industry realised that it simply couldn't be good at everything; it then began to consolidate, converge and sell off those parts of the business that could be better sourced externally, especially where external suppliers could ..... greater economies of scale by supplying multiple manufactures.

If one doesn't have the time, money or skill to do the job internally, or if there is a function that is a burden or is ..... affecting other parts of the business, outsourcing is worth considering.