Reykjavik, Iceland--October 21st 2007--Kaupthing Bank Luxembourg S.A., a accessory of Kaupthing Bank hf., has active an acceding by which Kaupthing Bank Luxembourg S.A. purchases Robeco Bank Belgium.
Robeco Bank Belgium is a baby Belgian case that was founded in 2002 and focuses mainly on clandestine cyberbanking and asset management. The case has 32 advisers and is based in Brussels and Antwerp. Robeco Bank Belgium has 6,800 clients. At the end of August 2007, the allotment of client's assets placed as deposits amounted to about EUR 300 million. This accretion will accept an bush aftereffect on Kaupthing Bank Luxembourg's operations.
Magnus Gudmundsson, Managing Director of Kaupthing Bank Luxembourg:
"Robeco Bank Belgium represents a acceptable cardinal fit for Kaupthing Bank Luxembourg. This accretion is a analytic footfall in architecture up Private Banking offerings in the Benelux countries. By demography over the activities of Robeco Bank we become anon operational in Belgium and will accept a belvedere there for added growth."
The transaction is accountable to the approval of the Luxembourgish and the Belgian Financial Supervisory Authorities. The accretion is accepted to be bankrupt afore year end.
For added advice amuse contact:
Jónas Sigurgeirsson, Chief Communications Officer, tel +354-444 6112
About Kaupthing Bank
Kaupthing Bank is a Northern European case alms chip banking casework to companies, institutional investors and top net account individuals. These casework cover accumulated banking, investment banking, basic markets services, treasury casework and asset administration and absolute abundance administration for clandestine cyberbanking clients.
The Bank operates in twelve countries, including all the Nordic countries (Denmark, Faroe Islands, Finland, Iceland, Norway and Sweden), Luxembourg, Switzerland, the UK, the US, Dubai and Qatar.
Based on Kaupthing's bazaar capitalisation of EUR 9.9 billion as of 31 August 2007, the case is currently the seventh better case in the Nordic region. Through able amoebic advance and cardinal acquisitions, such as the accretion in Denmark of FIH Erhvervsbank in 2004 and the accretion of the UK-based case Singer & Friedlander in 2005, Kaupthing has auspiciously added both the artefact and geographic about-face of its operations. As of 30 June 2007 the case has 2,970 advisers and absolute assets of EUR 54.3 billion.
For added advice about Kaupthing Bank appointment the company's website: www.kaupthing.com
2009年12月16日星期三
Saxo Bank - direct/ Saxo Bank A/S - Albert Maasland New Head of Saxo Bank´s Activities in Europe, Middle East and the U.S.
COPENHAGEN Saxo Bank has auspiciously assured its seek for a new affiliate of the bank´s Senior Executive Management. Albert Maasland joins the Copenhagen-based online investment case as the new European COO on 1 December 2007.
Albert Maasland joins Saxo Bank´s Senior Executive Management from Standard Chartered Bank, area he was Global Head of Business Development, Global Markets E-Commerce, for the accomplished two years.
Saxo Bank is already operating with an Asia-Pacific COO, Kevin Ashby, who is based in Singapore. As European COO, Albert Maasland will be the all-embracing arch and coordinator of all European, Middle East and US offices and regions. This agency that CEO of Saxo Bank Switzerland, Søren Mose, Executive Director Torben Kaaber in Copenhagen, Director Peter Klein in London as able-bodied as Director Kurt Carlsson in Marbella will address to Albert Maasland.
"We are actual admiring that Albert has acclimatized the position as European COO. He will be based in Copenhagen, but absorb a lot of time in our offices about Europe," says Lars Seier Christensen, CEO of Saxo Bank.
Maasland spent 11 years at Chase Manhattan Bank area he had a amount of Sales Management roles in Transaction Banking afore demography over as Head of FX Sales from 1989-94, a aeon during which Chase rose to become the No. 2 FX case in the industry (from 14th). After Chase Manhattan, Maasland spent one year at HSBC afore affective to Deutsche Bank in 1995. Maasland appear semi-retirement in 2000, and took a amount of directorships including Executive Director of Cognotec and IIR Plc, afore abiding to full-time cyberbanking in 2005 at Standard Charterted.
"It is harder to aggrandize the appulse Saxo Bank is authoritative in the banking casework industry and its approaching advance abeyant - and I am agog to be allotment of that acceptable team. I am aflame to be abutting Saxo Bank and to allowance ability their aggressive goals for the future," says Albert Maasland.
Kim Fournais who co-founded Saxo Bank with Lars Seier Christensen believes Albert Massland will be a abundant asset for the bank.
"Saxo Bank has body a apple chic Senior Executive Management aggregation over the accomplished 18 months and by bringing Albert on axle to arch all sales and account efforts in the broader European time zone, we accept brought in one of the a lot of accomplished and acknowledged players in our industry. We are assured that this is addition important footfall appear accomplishing the aggressive goals of Saxo Bank," CEO Kim Fournais comments.
Media enquiries:
Kasper Elbjorn on +45 30654300
Fleming Voetmann on +45 51595036
Team-CorporateCommunications@saxobank.com
About Saxo Bank A/S
Saxo Bank A/S is a avant-garde investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 85 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,200 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with operating offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centermost in St. Petersburg.
www.saxobank.com
www.saxobank.dk
www.saxobank.co.uk
www.synthesisbank.com
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
The advertisement broadcast by Hugin directnews.
The issuer is alone amenable for the agreeable of this announcement.
Albert Maasland joins Saxo Bank´s Senior Executive Management from Standard Chartered Bank, area he was Global Head of Business Development, Global Markets E-Commerce, for the accomplished two years.
Saxo Bank is already operating with an Asia-Pacific COO, Kevin Ashby, who is based in Singapore. As European COO, Albert Maasland will be the all-embracing arch and coordinator of all European, Middle East and US offices and regions. This agency that CEO of Saxo Bank Switzerland, Søren Mose, Executive Director Torben Kaaber in Copenhagen, Director Peter Klein in London as able-bodied as Director Kurt Carlsson in Marbella will address to Albert Maasland.
"We are actual admiring that Albert has acclimatized the position as European COO. He will be based in Copenhagen, but absorb a lot of time in our offices about Europe," says Lars Seier Christensen, CEO of Saxo Bank.
Maasland spent 11 years at Chase Manhattan Bank area he had a amount of Sales Management roles in Transaction Banking afore demography over as Head of FX Sales from 1989-94, a aeon during which Chase rose to become the No. 2 FX case in the industry (from 14th). After Chase Manhattan, Maasland spent one year at HSBC afore affective to Deutsche Bank in 1995. Maasland appear semi-retirement in 2000, and took a amount of directorships including Executive Director of Cognotec and IIR Plc, afore abiding to full-time cyberbanking in 2005 at Standard Charterted.
"It is harder to aggrandize the appulse Saxo Bank is authoritative in the banking casework industry and its approaching advance abeyant - and I am agog to be allotment of that acceptable team. I am aflame to be abutting Saxo Bank and to allowance ability their aggressive goals for the future," says Albert Maasland.
Kim Fournais who co-founded Saxo Bank with Lars Seier Christensen believes Albert Massland will be a abundant asset for the bank.
"Saxo Bank has body a apple chic Senior Executive Management aggregation over the accomplished 18 months and by bringing Albert on axle to arch all sales and account efforts in the broader European time zone, we accept brought in one of the a lot of accomplished and acknowledged players in our industry. We are assured that this is addition important footfall appear accomplishing the aggressive goals of Saxo Bank," CEO Kim Fournais comments.
Media enquiries:
Kasper Elbjorn on +45 30654300
Fleming Voetmann on +45 51595036
Team-CorporateCommunications@saxobank.com
About Saxo Bank A/S
Saxo Bank A/S is a avant-garde investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 85 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,200 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with operating offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centermost in St. Petersburg.
www.saxobank.com
www.saxobank.dk
www.saxobank.co.uk
www.synthesisbank.com
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
The advertisement broadcast by Hugin directnews.
The issuer is alone amenable for the agreeable of this announcement.
Kaupthing Bank - Kaupthing Bank's after-effects for the aboriginal nine months of 2007
Reykjavik, Iceland--November 13th 2007--Net balance of ISK 60.2 billion (EUR 683 million)
- Shareholders' net balance for the aboriginal nine months of ISK 60.2 billion, accretion by 31.3% compared with the aforementioned aeon in 2006. Earnings decreased, however, by 10.5% amid periods demography into anniversary the one-off after-tax accumulation of ISK 21.4 billion accompanying to Exista in the third division of 2006
- Shareholders' net balance in the third division of ISK 14.4 billion, accretion by 3.0% from the third division of 2006. Earnings decreased, however, by 59.3% amid periods demography into anniversary the one-off after-tax accumulation of ISK 21.4 billion accompanying to Exista in the third division of 2006
- Return on disinterestedness for the aboriginal nine months of 27.5% on an annualised basis. Earnings per allotment of ISK 82.6
- Net absorption assets in the third division up by 59.7% YoY to ISK 20.3 billion
- Net fee and agency assets in the third division grew by 75.2% YoY to ISK 13.4 billion
- Financial accident in Treasury of ISK 6.9 billion in the third quarter, primarily due to the abatement in the fair amount of acquired contracts, bonds and asset-backed securities
- Total assets of ISK 4,889.9 billion (EUR 55.6 billion) at the end of September 2007, accretion by 27.7% at a anchored barter amount from the alpha of the year and by 20.6% in ISK
- On 15 August 2007 the Bank active an acceding to access the Dutch case NIBC for EUR 3 billion, accepted to complete by the end of the year
- The axle of admiral will seek approval at a shareholders' affair to affair new shares in the Bank and to advertise them in a pre-emptive rights affair during the fourth division 2007
- The axle of admiral affairs to change the Bank's anatomic bill into the euro as of January 2008, in accordance with IFRS
- The axle of admiral will adduce at the shareholders' affair that the Bank's shares be redenominated in euros
Hreidar Már Sigurdsson, CEO
"Kaupthing's activities accept been characterised by able-bodied advance and we connected to strengthen our position in the third quarter. Trends in absorption assets and fee and agency assets are a lot of encouraging; absorption assets was up 60%, while fee and agency assets grew by 75% in the third division compared with the aforementioned aeon endure year. The all-embracing banking markets accomplished ample agitation during the quarter, but it is acceptable to see that our action of accident about-face enabled us to accomplish 19% acknowledgment on disinterestedness during the quarter. The Bank is assuming able-bodied and after-effects were decidedly able in accumulated cyberbanking and investment banking. I accept that 2007 will prove to be addition accomplished year for Kaupthing Bank."
Further information
For added advice on the after-effects amuse acquaintance Jónas Sigurgeirsson, Chief Communications Officer on +354 444 6112 or Ólöf Hildur Pálsdóttir, Deputy Head of Investor Relations, on +354 444 6569 (ir@kaupthing.com). Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries.
- Shareholders' net balance for the aboriginal nine months of ISK 60.2 billion, accretion by 31.3% compared with the aforementioned aeon in 2006. Earnings decreased, however, by 10.5% amid periods demography into anniversary the one-off after-tax accumulation of ISK 21.4 billion accompanying to Exista in the third division of 2006
- Shareholders' net balance in the third division of ISK 14.4 billion, accretion by 3.0% from the third division of 2006. Earnings decreased, however, by 59.3% amid periods demography into anniversary the one-off after-tax accumulation of ISK 21.4 billion accompanying to Exista in the third division of 2006
- Return on disinterestedness for the aboriginal nine months of 27.5% on an annualised basis. Earnings per allotment of ISK 82.6
- Net absorption assets in the third division up by 59.7% YoY to ISK 20.3 billion
- Net fee and agency assets in the third division grew by 75.2% YoY to ISK 13.4 billion
- Financial accident in Treasury of ISK 6.9 billion in the third quarter, primarily due to the abatement in the fair amount of acquired contracts, bonds and asset-backed securities
- Total assets of ISK 4,889.9 billion (EUR 55.6 billion) at the end of September 2007, accretion by 27.7% at a anchored barter amount from the alpha of the year and by 20.6% in ISK
- On 15 August 2007 the Bank active an acceding to access the Dutch case NIBC for EUR 3 billion, accepted to complete by the end of the year
- The axle of admiral will seek approval at a shareholders' affair to affair new shares in the Bank and to advertise them in a pre-emptive rights affair during the fourth division 2007
- The axle of admiral affairs to change the Bank's anatomic bill into the euro as of January 2008, in accordance with IFRS
- The axle of admiral will adduce at the shareholders' affair that the Bank's shares be redenominated in euros
Hreidar Már Sigurdsson, CEO
"Kaupthing's activities accept been characterised by able-bodied advance and we connected to strengthen our position in the third quarter. Trends in absorption assets and fee and agency assets are a lot of encouraging; absorption assets was up 60%, while fee and agency assets grew by 75% in the third division compared with the aforementioned aeon endure year. The all-embracing banking markets accomplished ample agitation during the quarter, but it is acceptable to see that our action of accident about-face enabled us to accomplish 19% acknowledgment on disinterestedness during the quarter. The Bank is assuming able-bodied and after-effects were decidedly able in accumulated cyberbanking and investment banking. I accept that 2007 will prove to be addition accomplished year for Kaupthing Bank."
Further information
For added advice on the after-effects amuse acquaintance Jónas Sigurgeirsson, Chief Communications Officer on +354 444 6112 or Ólöf Hildur Pálsdóttir, Deputy Head of Investor Relations, on +354 444 6569 (ir@kaupthing.com). Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries.
Alverstocracy - Gosport OSCAR for sea safety
21st December 2005: The Coastguard accept awarded one of the actual aboriginal 'Sea Smart Safety Awards' to Gosport Tourist Information Centre. These awards recognise and accolade those TICs about the bank that are authoritative a cogent addition to sea and bank safety. Gosport is one of just seven TICs in Great Britain to be awarded a Silver Sea Smart Safety Award.
According to analysis by the Coastguard's Sea Smart campaign, over a third of parents acute sea and bank assurance advice would acquaintance or appointment a Tourist Information Centre. However, alone 40% of bank Tourist Information Centres visited had assurance leaflets on affectation or handed over assurance leaflets if accurately asked.
This summer, abstruseness shoppers visited bank Tourist Information Centres about England, Scotland and Wales, to appraise the ambit and above of sea and bank assurance advice accessible to the public, and amount the helpfulness of the account they received. Those accouterment an accomplished account accustomed a Silver accolade and those traveling aloft and above the alarm of assignment accustomed a Gold award. The 12 winners are:
Tourist Information Centre Sea Smart Safety Award
Castlebay Gold
Felixstowe Gold
Forth Bridges Gold
Southend-on-Sea Gold
Whitley Bay Gold
Barry Island Silver
Filey Silver
Gosport Silver
Hunstanton Silver
Lochboisdale Silver
Seaford Silver
Withernsea Silver
Chief Coastguard John Astbury commented: "Tourist Information Centres are a basic antecedent of bank assurance advice for the accepted public. These awards are advised to accede some of the accomplished plan that is accepting done. We aswell ambition to animate all TICs based about the bank to chase these animated examples because this plan can actually accomplish the aberration amid a abundant day out and a abeyant tragedy."
The Sea Smart Safety Awards adjourned whether Tourist Information Centres abounding any chargeless sea and bank assurance materials. The Coastguard provides chargeless leaflets, posters and postcards, as able-bodied as wrist bands which accredit accouchement to be reunited with their parents if they get absent on the beach. The Royal National Lifeboat Institution (RNLI) works carefully with the Coastguard and aswell provides chargeless abstracts on sea and bank assurance to TICs.
The Coastguard Sea Smart attack promotes sea and bank assurance to parents of adolescent accouchement to abate austere injuries and deaths on our bank every year. To anticipate a ancestors day out axis into a tragedy, parents are audacious to chase this simple four-point Sea Smart cipher if at the beach:
Spot the dangers
Always go with a friend
Find and apprehend the assurance signs
Emergency? Stick your duke up and shout, acquaint a lifeguard or bite 999 for Coastguard
According to analysis by the Coastguard's Sea Smart campaign, over a third of parents acute sea and bank assurance advice would acquaintance or appointment a Tourist Information Centre. However, alone 40% of bank Tourist Information Centres visited had assurance leaflets on affectation or handed over assurance leaflets if accurately asked.
This summer, abstruseness shoppers visited bank Tourist Information Centres about England, Scotland and Wales, to appraise the ambit and above of sea and bank assurance advice accessible to the public, and amount the helpfulness of the account they received. Those accouterment an accomplished account accustomed a Silver accolade and those traveling aloft and above the alarm of assignment accustomed a Gold award. The 12 winners are:
Tourist Information Centre Sea Smart Safety Award
Castlebay Gold
Felixstowe Gold
Forth Bridges Gold
Southend-on-Sea Gold
Whitley Bay Gold
Barry Island Silver
Filey Silver
Gosport Silver
Hunstanton Silver
Lochboisdale Silver
Seaford Silver
Withernsea Silver
Chief Coastguard John Astbury commented: "Tourist Information Centres are a basic antecedent of bank assurance advice for the accepted public. These awards are advised to accede some of the accomplished plan that is accepting done. We aswell ambition to animate all TICs based about the bank to chase these animated examples because this plan can actually accomplish the aberration amid a abundant day out and a abeyant tragedy."
The Sea Smart Safety Awards adjourned whether Tourist Information Centres abounding any chargeless sea and bank assurance materials. The Coastguard provides chargeless leaflets, posters and postcards, as able-bodied as wrist bands which accredit accouchement to be reunited with their parents if they get absent on the beach. The Royal National Lifeboat Institution (RNLI) works carefully with the Coastguard and aswell provides chargeless abstracts on sea and bank assurance to TICs.
The Coastguard Sea Smart attack promotes sea and bank assurance to parents of adolescent accouchement to abate austere injuries and deaths on our bank every year. To anticipate a ancestors day out axis into a tragedy, parents are audacious to chase this simple four-point Sea Smart cipher if at the beach:
Spot the dangers
Always go with a friend
Find and apprehend the assurance signs
Emergency? Stick your duke up and shout, acquaint a lifeguard or bite 999 for Coastguard
Alverstocracy - Gosport OSCAR for sea safety
21st December 2005: The Coastguard accept awarded one of the actual aboriginal 'Sea Smart Safety Awards' to Gosport Tourist Information Centre. These awards recognise and accolade those TICs about the bank that are authoritative a cogent addition to sea and bank safety. Gosport is one of just seven TICs in Great Britain to be awarded a Silver Sea Smart Safety Award.
According to analysis by the Coastguard's Sea Smart campaign, over a third of parents acute sea and bank assurance advice would acquaintance or appointment a Tourist Information Centre. However, alone 40% of bank Tourist Information Centres visited had assurance leaflets on affectation or handed over assurance leaflets if accurately asked.
This summer, abstruseness shoppers visited bank Tourist Information Centres about England, Scotland and Wales, to appraise the ambit and above of sea and bank assurance advice accessible to the public, and amount the helpfulness of the account they received. Those accouterment an accomplished account accustomed a Silver accolade and those traveling aloft and above the alarm of assignment accustomed a Gold award. The 12 winners are:
Tourist Information Centre Sea Smart Safety Award
Castlebay Gold
Felixstowe Gold
Forth Bridges Gold
Southend-on-Sea Gold
Whitley Bay Gold
Barry Island Silver
Filey Silver
Gosport Silver
Hunstanton Silver
Lochboisdale Silver
Seaford Silver
Withernsea Silver
Chief Coastguard John Astbury commented: "Tourist Information Centres are a basic antecedent of bank assurance advice for the accepted public. These awards are advised to accede some of the accomplished plan that is accepting done. We aswell ambition to animate all TICs based about the bank to chase these animated examples because this plan can actually accomplish the aberration amid a abundant day out and a abeyant tragedy."
The Sea Smart Safety Awards adjourned whether Tourist Information Centres abounding any chargeless sea and bank assurance materials. The Coastguard provides chargeless leaflets, posters and postcards, as able-bodied as wrist bands which accredit accouchement to be reunited with their parents if they get absent on the beach. The Royal National Lifeboat Institution (RNLI) works carefully with the Coastguard and aswell provides chargeless abstracts on sea and bank assurance to TICs.
The Coastguard Sea Smart attack promotes sea and bank assurance to parents of adolescent accouchement to abate austere injuries and deaths on our bank every year. To anticipate a ancestors day out axis into a tragedy, parents are audacious to chase this simple four-point Sea Smart cipher if at the beach:
Spot the dangers
Always go with a friend
Find and apprehend the assurance signs
Emergency? Stick your duke up and shout, acquaint a lifeguard or bite 999 for Coastguard
According to analysis by the Coastguard's Sea Smart campaign, over a third of parents acute sea and bank assurance advice would acquaintance or appointment a Tourist Information Centre. However, alone 40% of bank Tourist Information Centres visited had assurance leaflets on affectation or handed over assurance leaflets if accurately asked.
This summer, abstruseness shoppers visited bank Tourist Information Centres about England, Scotland and Wales, to appraise the ambit and above of sea and bank assurance advice accessible to the public, and amount the helpfulness of the account they received. Those accouterment an accomplished account accustomed a Silver accolade and those traveling aloft and above the alarm of assignment accustomed a Gold award. The 12 winners are:
Tourist Information Centre Sea Smart Safety Award
Castlebay Gold
Felixstowe Gold
Forth Bridges Gold
Southend-on-Sea Gold
Whitley Bay Gold
Barry Island Silver
Filey Silver
Gosport Silver
Hunstanton Silver
Lochboisdale Silver
Seaford Silver
Withernsea Silver
Chief Coastguard John Astbury commented: "Tourist Information Centres are a basic antecedent of bank assurance advice for the accepted public. These awards are advised to accede some of the accomplished plan that is accepting done. We aswell ambition to animate all TICs based about the bank to chase these animated examples because this plan can actually accomplish the aberration amid a abundant day out and a abeyant tragedy."
The Sea Smart Safety Awards adjourned whether Tourist Information Centres abounding any chargeless sea and bank assurance materials. The Coastguard provides chargeless leaflets, posters and postcards, as able-bodied as wrist bands which accredit accouchement to be reunited with their parents if they get absent on the beach. The Royal National Lifeboat Institution (RNLI) works carefully with the Coastguard and aswell provides chargeless abstracts on sea and bank assurance to TICs.
The Coastguard Sea Smart attack promotes sea and bank assurance to parents of adolescent accouchement to abate austere injuries and deaths on our bank every year. To anticipate a ancestors day out axis into a tragedy, parents are audacious to chase this simple four-point Sea Smart cipher if at the beach:
Spot the dangers
Always go with a friend
Find and apprehend the assurance signs
Emergency? Stick your duke up and shout, acquaint a lifeguard or bite 999 for Coastguard
Kaupthing Bank - Iceland: Real acreage bazaar at crossroads
Housing prices will abide to acceleration over the advancing years. The clip of these rises, however, will apathetic down considerably. High absorption rates, tighter acceptance to loans and a cooling labour bazaar are the factors that will abate demand. Supply, on the added hand, seems to accept ailing and is acceptable to abate over the next years – which should advice stabilise absolute acreage prices. A turn-around is accepted in the bazaar in 2009 if absorption ante alpha to abatement afresh and a new advancement aeon begins in the economy.
To apprehend the accomplished address visit: www.kaupthing.com/lisalib/getfile.aspx?itemid=11919.
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
To apprehend the accomplished address visit: www.kaupthing.com/lisalib/getfile.aspx?itemid=11919.
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
GridwiseTech - Fortis Bank Poland allowances from GridwiseTech's advice
Store this angel in big sizeKrakow, 12 December 2007 – GridwiseTech has able Fortis Bank Poland with software advised for beat action breeze administration in the business intelligence environment. Fortis Bank will be the aboriginal case in Poland to use the added functionality provided by the Platform Process Manager. It has been implemented as allotment of a activity that has been in advance for over a year. The ambition of the activity is to set up the Information Platform advised for the purpose of architecture a absolute analytic solution.
The greatest claiming that banks face every day is the all-encompassing aggregate of circuitous calculations. This hampers the adventure of operational decisions and increases the accident of demography inappropriate actions. Of according acceptation and aggravation are the procedures of journal abstracts processing and reporting. "The affair is important, because bottlenecks in cyberbanking systems accept a absolute affiliation to how bigger these institutions function," says Paul Piller from GridwiseTech. "The band-aid to this botheration lies in employing filigree technologies to ensure scalability of the IT infrastructure. The allowances are not alone the added processing ability and bargain costs of software and hardware, but aswell lower operational risks in the accident of malfunctioning."
The activity will advice Fortis Bank Poland to lower the costs of acknowledging and carrying reports. Another account will be the college above of appear and antecedent data. What is more, the acceptance of filigree technologies enables on-demand ascent of the accepted IT infrastructure.
"The Platform Process Manager appreciably simplifies the clearing processes amid the developer server, the analysis server and the assembly server. It aswell makes it accessible to administer any jobs, not alone the jobs candy in the SAS environment, and facilitates the conception of action breeze schedules," says Zdzislaw Dec, administrator of the Information Platform activity at Fortis Bank Poland.
GridwiseTech
ul. Chrobrego 28/4
31-428 Krakow, Poland
tel./fax. +48 12 294 71 20
Press Contact:
Lukasz Wilczynski
mobile: +48 516 036 036
lukasz.wilczynski@gridwisetech.com
About GridwiseTech
GridwiseTech is the vendor-independent able in scalable solutions allowance barter in dispatch up abstracts processing, removing appliance bottlenecks and architecture complete scalable systems. The aggregation acquaint avant-garde concepts of Grid, virtualization, service-oriented architectonics (SOA) and application-driven portals. GridwiseTech offers administration consulting as able-bodied as absolute abstruse abetment in affiliation of multi-vendor components.
The aggregation is present in Europe, Asia and the US, confined a advanced array of audience alignment from Fortune Global 500 companies to baby and average enterprises, to analysis and government agencies. For added advice amuse appointment www.gridwisetech.com.
About Fortis Bank
Fortis Bank Polska SA supports calm and all-embracing accumulated barter and individuals. The bank’s banal is listed on the Warsaw Stock Exchange. The case operates a arrangement of 46 offices in the better Polish cities, employing over 1600 staff. Fortis Bank Polska’s cardinal actor is the Belgian Fortis Bank, captivation 99.10% of the absolute stock. More advice at: www.fortisbank.com.pl.
Fortis Bank SA/NV is a affiliate of Fortis Group, an all-embracing banking academy operating in cyberbanking and allowance markets. The group’s bazaar capitalisation is EUR 50.9 billion (15/10/2007) and the accumulation employs 60 thousand agents worldwide, which places Fortis a allotment of the twenty better banking institutions in Europe. Fortis Group is the baton in banking casework in their home market, that is Benelux, alms a advanced ambit of banking casework targeted at clandestine individuals, businesses and accessible area institutions. Fortis Group operations alfresco Benelux focus on called bazaar segments. Fortis is listed on banal exchanges in Amsterdam, Brussels. More advice at: www.fortis.com.
The greatest claiming that banks face every day is the all-encompassing aggregate of circuitous calculations. This hampers the adventure of operational decisions and increases the accident of demography inappropriate actions. Of according acceptation and aggravation are the procedures of journal abstracts processing and reporting. "The affair is important, because bottlenecks in cyberbanking systems accept a absolute affiliation to how bigger these institutions function," says Paul Piller from GridwiseTech. "The band-aid to this botheration lies in employing filigree technologies to ensure scalability of the IT infrastructure. The allowances are not alone the added processing ability and bargain costs of software and hardware, but aswell lower operational risks in the accident of malfunctioning."
The activity will advice Fortis Bank Poland to lower the costs of acknowledging and carrying reports. Another account will be the college above of appear and antecedent data. What is more, the acceptance of filigree technologies enables on-demand ascent of the accepted IT infrastructure.
"The Platform Process Manager appreciably simplifies the clearing processes amid the developer server, the analysis server and the assembly server. It aswell makes it accessible to administer any jobs, not alone the jobs candy in the SAS environment, and facilitates the conception of action breeze schedules," says Zdzislaw Dec, administrator of the Information Platform activity at Fortis Bank Poland.
GridwiseTech
ul. Chrobrego 28/4
31-428 Krakow, Poland
tel./fax. +48 12 294 71 20
Press Contact:
Lukasz Wilczynski
mobile: +48 516 036 036
lukasz.wilczynski@gridwisetech.com
About GridwiseTech
GridwiseTech is the vendor-independent able in scalable solutions allowance barter in dispatch up abstracts processing, removing appliance bottlenecks and architecture complete scalable systems. The aggregation acquaint avant-garde concepts of Grid, virtualization, service-oriented architectonics (SOA) and application-driven portals. GridwiseTech offers administration consulting as able-bodied as absolute abstruse abetment in affiliation of multi-vendor components.
The aggregation is present in Europe, Asia and the US, confined a advanced array of audience alignment from Fortune Global 500 companies to baby and average enterprises, to analysis and government agencies. For added advice amuse appointment www.gridwisetech.com.
About Fortis Bank
Fortis Bank Polska SA supports calm and all-embracing accumulated barter and individuals. The bank’s banal is listed on the Warsaw Stock Exchange. The case operates a arrangement of 46 offices in the better Polish cities, employing over 1600 staff. Fortis Bank Polska’s cardinal actor is the Belgian Fortis Bank, captivation 99.10% of the absolute stock. More advice at: www.fortisbank.com.pl.
Fortis Bank SA/NV is a affiliate of Fortis Group, an all-embracing banking academy operating in cyberbanking and allowance markets. The group’s bazaar capitalisation is EUR 50.9 billion (15/10/2007) and the accumulation employs 60 thousand agents worldwide, which places Fortis a allotment of the twenty better banking institutions in Europe. Fortis Group is the baton in banking casework in their home market, that is Benelux, alms a advanced ambit of banking casework targeted at clandestine individuals, businesses and accessible area institutions. Fortis Group operations alfresco Benelux focus on called bazaar segments. Fortis is listed on banal exchanges in Amsterdam, Brussels. More advice at: www.fortis.com.
Kaupthing Bank - Iceland - Commercial acreage market
After aciculate increases in bartering acreage prices endure year, the bazaar will abound calmer next year. A air-conditioned down in the economy, top absorption ante and a all-inclusive access in accumulation will advance to a arrest in activity. Growth in account area - college absorption of acreage in the Reykjavik across and both new and old amount areas accept been growing. There are signs of a arrest in appeal in the bartering acreage bazaar - Kaupthing Research does not apprehend a abatement in nominal bartering acreage prices. Kaupthing Research forecasts an 18% access in bartering acreage this year, but abundant abbreviating in 2008.
Download the address at www.kaupthing.com/lisalib/getfile.aspx?itemid=12177
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
Download the address at www.kaupthing.com/lisalib/getfile.aspx?itemid=12177
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
Saxo Bank - direct/ Saxo Bank A/S - Saxo Bank Appoints New CFO
Saxo Bank boosts its all-embracing administration aggregation and circuit off a year of all-around amplification and administration application with the adjustment of a new Chief Financial Officer.
Howard Prince-Wright, CFO of multi-regional adhesive producer, Titan Cement Company SA ("Titan") joins Saxo Bank, the Copenhagen-based online investment bank, advertisement to CEOs and co-founders, Lars Seier Christensen and Kim Fournais.
"We are captivated to acceptable anyone of Howard´s ability and accomplished acceptability to Saxo Bank. We anticipate that with his all-encompassing all-embracing experience, not at atomic accepting CFO in big all-embracing listed companies, he will be a abundant asset to us as we abide what is for us, a actual agitative and affluent aeon of all-around expansion," says Kim Fournais.
Lars Seier Christensen adds that Prince-Wright´s adjustment will strengthen Saxo Bank´s efforts in architecture the new administration aggregation at a time if the case has launched several new offices calm with a host of new recruits.
"Howard alluringly adulation the able administration aggregation we accept complete during the endure 18 months and will accompany even added focus to the all-important across of tracking, barometer and optimizing all the banking apparatus of our added circuitous business," says Lars Seier Christensen.
He is assertive that Prince-Wright´s business accuracy will accord acerb to accretion and developing Saxo Bank´s business and partnerships above the globe. With this adjustment a acute aspect in Saxo Bank´s action avalanche into place.
Prince-Wright has been CFO of the Athens listed Titan accumulation back 2002. In his antecedent post, he was accepted for administering the company´s able bread-and-butter advance and all-embracing expansion, accretion the adopted broker base, accepting investment brand ratings from S&P and implementing all-embracing advertisement and accounting standards. He will accompany Saxo Bank during the aboriginal division of 2008.
"Saxo Bank is affective advanced from one abundant accomplishment to another, the challenges advanced are both agitative and thrilling, I attending advanced to accepting allotment of a aggregation that consistently delivers. International amplification and aggressive goals go duke in duke with a able banking and bread-and-butter growth. I acceptable these challenges," says Howard Prince-Wright who will crop up his new role from March 2008.
The adjustment of Howard Prince-Wright follows the adjustment of Albert Maasland, COO, able 1 December 2007, Rabbe Ekholm, CCO, able 1 May 2007, Michael Villi Møller, Global Head of Legal and Compliance, able 1 December 2006, Tobias Straessle, CIO and Head of IT, able 1 November 2006 as able-bodied as Kevin Ashby, Chairman and CEO of the bank´s Asia-Pacific subsidiary, Saxo Capital Markets Ltd in Singapore, able 1 September 2006.
Biography of Howard Prince-Wright
Howard Prince-Wright was CFO of Athens based and listed all-around adhesive ambassador Titan Cement Company from 2002 to date and oversaw an anniversary about-face of £1.5 billion in 2006 from amount operations in Greece, the United States, the Balkans and the Middle East. He has acquired start-up and baby business experience, through founding an on-line accumulation alternation solutions business which currently employs 36 agents and operates about Europe. From December 2001 to February 2002 Prince-Wright was CFO and amenable for about amphibian The Spirit Group, one of the UK´s better pub and restaurant conglomerates, above-mentioned to which he captivated the role as Burger King Vice President Finance and Business Support from 1997 to 1999. Among his abounding roles, Prince-Wright has aswell formed as Finance Director for a amount of top and mid-tier companies including: Grand Met, IDV Asia Pacific and IDV UK, Metaxa, and as an accounting administrator and accountant with Mobil Oil Corporation. Formerly accomplished as an accountant, Prince-Wright is a adolescent of the Institute of Chartered Accounts in England and Wales.
About Saxo Bank A/S
Saxo Bank A/S is a avant-garde investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,200 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with operating offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.dk
www.saxobank.co.uk
www.synthesisbank.com
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
Media enquiries:
Kate Hage on +44 (0) 2071512025
Kasper Elbjorn on +45 30654300
Team-CorporateCommunications@saxobank.com
The advertisement broadcast by Hugin directnews.
The issuer is alone amenable for the agreeable of this announcement.
Howard Prince-Wright, CFO of multi-regional adhesive producer, Titan Cement Company SA ("Titan") joins Saxo Bank, the Copenhagen-based online investment bank, advertisement to CEOs and co-founders, Lars Seier Christensen and Kim Fournais.
"We are captivated to acceptable anyone of Howard´s ability and accomplished acceptability to Saxo Bank. We anticipate that with his all-encompassing all-embracing experience, not at atomic accepting CFO in big all-embracing listed companies, he will be a abundant asset to us as we abide what is for us, a actual agitative and affluent aeon of all-around expansion," says Kim Fournais.
Lars Seier Christensen adds that Prince-Wright´s adjustment will strengthen Saxo Bank´s efforts in architecture the new administration aggregation at a time if the case has launched several new offices calm with a host of new recruits.
"Howard alluringly adulation the able administration aggregation we accept complete during the endure 18 months and will accompany even added focus to the all-important across of tracking, barometer and optimizing all the banking apparatus of our added circuitous business," says Lars Seier Christensen.
He is assertive that Prince-Wright´s business accuracy will accord acerb to accretion and developing Saxo Bank´s business and partnerships above the globe. With this adjustment a acute aspect in Saxo Bank´s action avalanche into place.
Prince-Wright has been CFO of the Athens listed Titan accumulation back 2002. In his antecedent post, he was accepted for administering the company´s able bread-and-butter advance and all-embracing expansion, accretion the adopted broker base, accepting investment brand ratings from S&P and implementing all-embracing advertisement and accounting standards. He will accompany Saxo Bank during the aboriginal division of 2008.
"Saxo Bank is affective advanced from one abundant accomplishment to another, the challenges advanced are both agitative and thrilling, I attending advanced to accepting allotment of a aggregation that consistently delivers. International amplification and aggressive goals go duke in duke with a able banking and bread-and-butter growth. I acceptable these challenges," says Howard Prince-Wright who will crop up his new role from March 2008.
The adjustment of Howard Prince-Wright follows the adjustment of Albert Maasland, COO, able 1 December 2007, Rabbe Ekholm, CCO, able 1 May 2007, Michael Villi Møller, Global Head of Legal and Compliance, able 1 December 2006, Tobias Straessle, CIO and Head of IT, able 1 November 2006 as able-bodied as Kevin Ashby, Chairman and CEO of the bank´s Asia-Pacific subsidiary, Saxo Capital Markets Ltd in Singapore, able 1 September 2006.
Biography of Howard Prince-Wright
Howard Prince-Wright was CFO of Athens based and listed all-around adhesive ambassador Titan Cement Company from 2002 to date and oversaw an anniversary about-face of £1.5 billion in 2006 from amount operations in Greece, the United States, the Balkans and the Middle East. He has acquired start-up and baby business experience, through founding an on-line accumulation alternation solutions business which currently employs 36 agents and operates about Europe. From December 2001 to February 2002 Prince-Wright was CFO and amenable for about amphibian The Spirit Group, one of the UK´s better pub and restaurant conglomerates, above-mentioned to which he captivated the role as Burger King Vice President Finance and Business Support from 1997 to 1999. Among his abounding roles, Prince-Wright has aswell formed as Finance Director for a amount of top and mid-tier companies including: Grand Met, IDV Asia Pacific and IDV UK, Metaxa, and as an accounting administrator and accountant with Mobil Oil Corporation. Formerly accomplished as an accountant, Prince-Wright is a adolescent of the Institute of Chartered Accounts in England and Wales.
About Saxo Bank A/S
Saxo Bank A/S is a avant-garde investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,200 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with operating offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.dk
www.saxobank.co.uk
www.synthesisbank.com
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
Media enquiries:
Kate Hage on +44 (0) 2071512025
Kasper Elbjorn on +45 30654300
Team-CorporateCommunications@saxobank.com
The advertisement broadcast by Hugin directnews.
The issuer is alone amenable for the agreeable of this announcement.
ICICI Bank - ICICI Bank launches iMobile: First case in India to acquaint complete adaptable cyberbanking services
Mumbai: ICICI Bank, India’s additional better case launched today iMobile, a different adaptable cyberbanking belvedere on adaptable phones. iMobile is a advance addition in cyberbanking area about all internet-banking affairs can now be artlessly done on mobiles phones. Customers can now alteration funds to ICICI and Non ICICI Bank accounts just with the bang of their mobile. The appliance covers Savings bank, Demat, Credit Card and Loan accounts. Customers can aswell pay their account bills and allowance exceptional through this facility. ICICI Bank offers this ability chargeless of allegation to customers.
Customers who are already registered for adaptable alerts will be able to download this appliance by sending an SMS “iMobile” to 56767661. Customers who accept GPRS affiliation will accept a WAP hotlink for activation. Customers who do not accept GPRS can download iMobile from ICICI Bank.com on their desktops. It can again be transferred on to their handsets application either Bluetooth or abstracts cable.
Mr. V. Vaidyanathan, Executive Director, ICICI Bank said, “ICICI Bank has consistently focused on addition to advance chump experience. India has alone 20 actor internet access and has over 200 actor adaptable connections. With this application, a lot of appearance of internet cyberbanking will now be accessible on adaptable phones, accouterment a advance advance in cyberbanking services.” In accession to simple acceptance and anytime anywhere banking, iMobile offers complete aegis to barter transacting on the adaptable phones. Customers will be appropriate to access 4 chiffre PIN for entering into Mobile Banking Application, which will anticipate crooked use of the service.
For Press Queries:
ICICI Bank: Charudatta Deshpande
Head – Corporate Communications
Tel: 022-26538208
Fax: 022 –26531116
e-mail: charudatta.deshpande@icicibank.com
About ICICI Bank:
ICICI Bank (NYSE:IBN) is India's additional better case and better clandestine area case with over 50 years attendance in banking casework and with assets of Rs. 3649.44 billion as on September 30, 2007. The Bank offers a advanced ambit of cyberbanking articles and banking casework to accumulated and retail barter through a array of accumulation channels and through its specialized subsidiaries in the areas of investment banking, activity and non-life insurance, clandestine disinterestedness and asset management. ICICI Bank is a arch amateur in the retail cyberbanking bazaar and casework its ample chump abject through a arrangement of over 950 branches and addendum counters, 3,680 ATMs, alarm centers and internet cyberbanking (www.icicibank.com) to ensure that barter accept acceptance to its casework at all times.
Customers who are already registered for adaptable alerts will be able to download this appliance by sending an SMS “iMobile” to 56767661. Customers who accept GPRS affiliation will accept a WAP hotlink for activation. Customers who do not accept GPRS can download iMobile from ICICI Bank.com on their desktops. It can again be transferred on to their handsets application either Bluetooth or abstracts cable.
Mr. V. Vaidyanathan, Executive Director, ICICI Bank said, “ICICI Bank has consistently focused on addition to advance chump experience. India has alone 20 actor internet access and has over 200 actor adaptable connections. With this application, a lot of appearance of internet cyberbanking will now be accessible on adaptable phones, accouterment a advance advance in cyberbanking services.” In accession to simple acceptance and anytime anywhere banking, iMobile offers complete aegis to barter transacting on the adaptable phones. Customers will be appropriate to access 4 chiffre PIN for entering into Mobile Banking Application, which will anticipate crooked use of the service.
For Press Queries:
ICICI Bank: Charudatta Deshpande
Head – Corporate Communications
Tel: 022-26538208
Fax: 022 –26531116
e-mail: charudatta.deshpande@icicibank.com
About ICICI Bank:
ICICI Bank (NYSE:IBN) is India's additional better case and better clandestine area case with over 50 years attendance in banking casework and with assets of Rs. 3649.44 billion as on September 30, 2007. The Bank offers a advanced ambit of cyberbanking articles and banking casework to accumulated and retail barter through a array of accumulation channels and through its specialized subsidiaries in the areas of investment banking, activity and non-life insurance, clandestine disinterestedness and asset management. ICICI Bank is a arch amateur in the retail cyberbanking bazaar and casework its ample chump abject through a arrangement of over 950 branches and addendum counters, 3,680 ATMs, alarm centers and internet cyberbanking (www.icicibank.com) to ensure that barter accept acceptance to its casework at all times.
Kaupthing Bank - Kaupthing Bank's after-effects for 2007
Kaupthing Bank letters net balance of ISK 70.0 billion (EUR 799 million).
- Shareholders' net balance for 2007 of ISK 70.0 billion - (ISK 85.3 billion in 2006)
- Shareholders' net balance for fourth division of ISK 9.8 billion - (ISK 18.1 billion in aforementioned aeon of 2006)
- Return on disinterestedness in 2007 of 23.5%.
- Earnings per allotment of ISK 95.2 (ISK 127.1 in 2006). Earnings per allotment for fourth division of ISK 13.4 (ISK 26.1 in Q4 2006)
- Net absorption assets in the fourth division up by 60.3% YoY to ISK 23.7 billion
- Net fee and agency assets in the fourth division grew by 19.0% YoY to ISK 14.1 billion
- Financial accident in Treasury of ISK 11.6 billion in the fourth quarter, primarily due to the abatement in the fair amount of acquired contracts, bonds and asset-backed securities
- Total assets of ISK 5,347.3 billion (EUR 58.3 billion) at year-end, accretion by 35.8% at a anchored barter amount during the year and by 31.9% in ISK
- Deposits as a allotment of absolute loans to barter added decidedly in 2007, from 29.6% at the alpha of the year to 41.8% at the end of the year
- In ablaze of the alternation on the banking markets, Kaupthing Bank and the sellers of NIBC accept appear their accommodation not to advance with the proposed accretion by Kaupthing Bank of NIBC
- The Board of Directors will adduce at the shareholders' affair that a allotment of ISK 14,810 actor be paid out for 2007, agnate to ISK 20 a share, or 21% of net earnings.
Hreidar Már Sigurdsson, CEO
"Kaupthing enjoyed a acceptable 2007; the year started decidedly acerb but the abatement on the all-embracing banking markets larboard its mark on the additional bisected of 2007. Return on disinterestedness was 23.5%, a a lot of satisfactory figure. The Bank is assuming able-bodied in all its amount business areas, and absorption assets during the fourth division was the accomplished yet recorded.
The adverse operating ambiance has led to a about-face in focus in operations, and the advance of the Bank's antithesis area is set to apathetic down this year. Management's prime focus is now on breeding agency assets and maximising efficiency. Funding is accepting adapted and the Bank is now agreement accretion accent on deposits. A new online bead case was alien during the fourth quarter, Kaupthing Edge, which has already been launched in 5 countries. In the endure four months, about 30,000 barter accept placed deposits with the Bank.
Kaupthing has accomplished an acceding with J.C. Flowers not to advance with the accretion of Dutch case NIBC attributable to the abrogating bearings on the banking markets. The planned allotment affair will accordingly no best be demography place. While this development is black for the Bank's stakeholders, the accommodation about decidedly reinforces Kaupthing's clamminess position, which is now actual robust."
Further information
For added advice on the after-effects amuse acquaintance Jónas Sigurgeirsson, Chief Communications Officer on +354 444 6112 or Ólöf Hildur Pálsdóttir, Investor Relations, on +354 444 6569 (ir@kaupthing.com). Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the United Arab Emirates (Dubai) and Qatar. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
- Shareholders' net balance for 2007 of ISK 70.0 billion - (ISK 85.3 billion in 2006)
- Shareholders' net balance for fourth division of ISK 9.8 billion - (ISK 18.1 billion in aforementioned aeon of 2006)
- Return on disinterestedness in 2007 of 23.5%.
- Earnings per allotment of ISK 95.2 (ISK 127.1 in 2006). Earnings per allotment for fourth division of ISK 13.4 (ISK 26.1 in Q4 2006)
- Net absorption assets in the fourth division up by 60.3% YoY to ISK 23.7 billion
- Net fee and agency assets in the fourth division grew by 19.0% YoY to ISK 14.1 billion
- Financial accident in Treasury of ISK 11.6 billion in the fourth quarter, primarily due to the abatement in the fair amount of acquired contracts, bonds and asset-backed securities
- Total assets of ISK 5,347.3 billion (EUR 58.3 billion) at year-end, accretion by 35.8% at a anchored barter amount during the year and by 31.9% in ISK
- Deposits as a allotment of absolute loans to barter added decidedly in 2007, from 29.6% at the alpha of the year to 41.8% at the end of the year
- In ablaze of the alternation on the banking markets, Kaupthing Bank and the sellers of NIBC accept appear their accommodation not to advance with the proposed accretion by Kaupthing Bank of NIBC
- The Board of Directors will adduce at the shareholders' affair that a allotment of ISK 14,810 actor be paid out for 2007, agnate to ISK 20 a share, or 21% of net earnings.
Hreidar Már Sigurdsson, CEO
"Kaupthing enjoyed a acceptable 2007; the year started decidedly acerb but the abatement on the all-embracing banking markets larboard its mark on the additional bisected of 2007. Return on disinterestedness was 23.5%, a a lot of satisfactory figure. The Bank is assuming able-bodied in all its amount business areas, and absorption assets during the fourth division was the accomplished yet recorded.
The adverse operating ambiance has led to a about-face in focus in operations, and the advance of the Bank's antithesis area is set to apathetic down this year. Management's prime focus is now on breeding agency assets and maximising efficiency. Funding is accepting adapted and the Bank is now agreement accretion accent on deposits. A new online bead case was alien during the fourth quarter, Kaupthing Edge, which has already been launched in 5 countries. In the endure four months, about 30,000 barter accept placed deposits with the Bank.
Kaupthing has accomplished an acceding with J.C. Flowers not to advance with the accretion of Dutch case NIBC attributable to the abrogating bearings on the banking markets. The planned allotment affair will accordingly no best be demography place. While this development is black for the Bank's stakeholders, the accommodation about decidedly reinforces Kaupthing's clamminess position, which is now actual robust."
Further information
For added advice on the after-effects amuse acquaintance Jónas Sigurgeirsson, Chief Communications Officer on +354 444 6112 or Ólöf Hildur Pálsdóttir, Investor Relations, on +354 444 6569 (ir@kaupthing.com). Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the United Arab Emirates (Dubai) and Qatar. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
PAREX BANKA - PAREX BANK RAISES €275 SYNDICATED LOAN
Today Parex banka auspiciously bankrupt a Syndicated Term Loan Facility of EUR 275 million, at a allowance of 0.55% over EURIBOR, with an antecedent ability date of 364 days. This amalgamated accommodation admiring abundant absorption from all-embracing investors and was oversubscribed.
Raiffeisen Zentralbank Österreich Aktiengesellchaft, HSBC Bank Plc., Mizuho Corporate Bank, Ltd. and Sumitomo Mitsui Banking Corporation were the antecedent allowable advance arrangers of the transaction. The accommodation was subscribed by 37 banking institutions from 15 countries; 38% or 105 actor euros of the funds aloft came from Asian investors, while 62% or EUR 170 actor was generated by investors from added regions (Europe and North America). The accommodation admiring six new investors with a absolute investment of EUR 42.5 actor or 15 % of absolute funds.
Mr. Martins Jaunarajs, CFA, Senior Vice President, Capital Markets and Investment Banking, commented: "At this time of arduous bazaar altitude we are captivated that, with the abutment of the antecedent allowable advance arrangers, we accomplished such a able oversubscription. We are aswell actual beholden for investor's assurance in the Bank's able team. The success of this transaction already afresh shows the aplomb of the all-embracing cyberbanking association in Parex banka and its activities in the Baltic banking market."
Mr. John Starling, Managing Director, CEEMEA Debt Capital Markets, HSBC Bank plc, said: "The success of this transaction accomplished in arduous bazaar altitude is a attestation of the confidence, which the bazaar is vesting in the administration and the able banking achievement of Parex banka."
Over the accomplished ten years Parex banka has been an breath borrower in the amalgamated accommodation market, establishing a able acceptability and believability in all-embracing markets.
List of the accommodating banks:
Initial Mandated Lead Arrangers
HSBC Bank plc.
Mizuho Corporate Bank, Ltd.
Sumitomo Mitsui Banking Corporation
RAIFFEISEN ZENTRALBANK ÖSTERREICH AKTIENGESELLSCHAFT
Mandated Lead Arrangers
Taiwan Cooperative Bank, Offshore Banking Branch
Landesbank Baden-Württemberg, London Branch
DZ BANK AG
Dresdner Kleinwort
Bank of Taiwan London Branch
Bank of Baroda
Lead Arrangers
BayernLB
Erste Bank
Landesbank Berlin AG
Raiffeisenverband Salzburg
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft
Arrangers
BMO CAPITAL MARKETS
Land Bank of Taiwan, Offshore Banking Branch
WGZ Bank AG Westdeutsche Genossenschafts-Zentralbank
Senior Lead Managers
Agricultural Bank of Greece SA
COMMERZBANK Aktiengesellschaft
HYPO ALPE-ADRIA-BANK INTERNATIONAL AG
Managers
Taiwan Business Bank, Hong Kong Branch
Taiwan Business Bank, Offshore Banking Branch
Agricultural Bank of China, Hong Kong Branch
Cathay United Bank
Chang Hwa Commercial Bank Limited. London Branch
The Export-Import Bank of the Republic of China
AKA Ausfuhrkredit - Gesellschaft m.b.H.
BANCO POPULAR ESPAÑOL, S.A.
Bank Austria Creditanstalt (Member of UniCredit Group)
Bank of Kaohsiung, Offshore Banking Branch
BANQUE BIA
BRE Bank SA
Caixa Geral de Depósitos, S.A.
Landesbank Saar
NATIONAL BANK OF EGYPT (UK) LIMITED
RAIFFEISENLANDESBANK NIEDEROESTERREICH-WIEN AG
Sparebanken Øst
About the Bank:
Parex banka is one of the a lot of steadily growing Latvian bartering banks with assets beyond EUR 4.5 billion. The Bank offers its audience chip casework in such areas as acclaim services, transaction cards, leasing, asset administration and trading with securities. More than 2,600 humans are currently active at the Bank and its branches. Parex banka has adumbrative offices, branches and subsidiaries in 15 countries, including branches in Berlin, Hamburg, Stockholm, Malmo, Tallin and Narva, a accessory case AP Anlage und Privatbank AG in Switzerland and Parex Bankas in Lithuania. Parex banka is the alone business accomplice of American Express in Latvia and Lithuania with absolute rights to affair American Express acclaim cards. Parex banka is assigned the afterward all-embracing ratings: Moody's Investors Service - Baa3 (investment grade), Fitch Ratings - BB+, Capital Intelligence - BBB (investment grade).
Additional information:
Indra Zinkevica
Head of International Communications
Phone: +371 6 777 8571
E-mail: indra.zinkevica@parex.lv
Press absolution (PDF)
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Parex sindicate
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Raiffeisen Zentralbank Österreich Aktiengesellchaft, HSBC Bank Plc., Mizuho Corporate Bank, Ltd. and Sumitomo Mitsui Banking Corporation were the antecedent allowable advance arrangers of the transaction. The accommodation was subscribed by 37 banking institutions from 15 countries; 38% or 105 actor euros of the funds aloft came from Asian investors, while 62% or EUR 170 actor was generated by investors from added regions (Europe and North America). The accommodation admiring six new investors with a absolute investment of EUR 42.5 actor or 15 % of absolute funds.
Mr. Martins Jaunarajs, CFA, Senior Vice President, Capital Markets and Investment Banking, commented: "At this time of arduous bazaar altitude we are captivated that, with the abutment of the antecedent allowable advance arrangers, we accomplished such a able oversubscription. We are aswell actual beholden for investor's assurance in the Bank's able team. The success of this transaction already afresh shows the aplomb of the all-embracing cyberbanking association in Parex banka and its activities in the Baltic banking market."
Mr. John Starling, Managing Director, CEEMEA Debt Capital Markets, HSBC Bank plc, said: "The success of this transaction accomplished in arduous bazaar altitude is a attestation of the confidence, which the bazaar is vesting in the administration and the able banking achievement of Parex banka."
Over the accomplished ten years Parex banka has been an breath borrower in the amalgamated accommodation market, establishing a able acceptability and believability in all-embracing markets.
List of the accommodating banks:
Initial Mandated Lead Arrangers
HSBC Bank plc.
Mizuho Corporate Bank, Ltd.
Sumitomo Mitsui Banking Corporation
RAIFFEISEN ZENTRALBANK ÖSTERREICH AKTIENGESELLSCHAFT
Mandated Lead Arrangers
Taiwan Cooperative Bank, Offshore Banking Branch
Landesbank Baden-Württemberg, London Branch
DZ BANK AG
Dresdner Kleinwort
Bank of Taiwan London Branch
Bank of Baroda
Lead Arrangers
BayernLB
Erste Bank
Landesbank Berlin AG
Raiffeisenverband Salzburg
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft
Arrangers
BMO CAPITAL MARKETS
Land Bank of Taiwan, Offshore Banking Branch
WGZ Bank AG Westdeutsche Genossenschafts-Zentralbank
Senior Lead Managers
Agricultural Bank of Greece SA
COMMERZBANK Aktiengesellschaft
HYPO ALPE-ADRIA-BANK INTERNATIONAL AG
Managers
Taiwan Business Bank, Hong Kong Branch
Taiwan Business Bank, Offshore Banking Branch
Agricultural Bank of China, Hong Kong Branch
Cathay United Bank
Chang Hwa Commercial Bank Limited. London Branch
The Export-Import Bank of the Republic of China
AKA Ausfuhrkredit - Gesellschaft m.b.H.
BANCO POPULAR ESPAÑOL, S.A.
Bank Austria Creditanstalt (Member of UniCredit Group)
Bank of Kaohsiung, Offshore Banking Branch
BANQUE BIA
BRE Bank SA
Caixa Geral de Depósitos, S.A.
Landesbank Saar
NATIONAL BANK OF EGYPT (UK) LIMITED
RAIFFEISENLANDESBANK NIEDEROESTERREICH-WIEN AG
Sparebanken Øst
About the Bank:
Parex banka is one of the a lot of steadily growing Latvian bartering banks with assets beyond EUR 4.5 billion. The Bank offers its audience chip casework in such areas as acclaim services, transaction cards, leasing, asset administration and trading with securities. More than 2,600 humans are currently active at the Bank and its branches. Parex banka has adumbrative offices, branches and subsidiaries in 15 countries, including branches in Berlin, Hamburg, Stockholm, Malmo, Tallin and Narva, a accessory case AP Anlage und Privatbank AG in Switzerland and Parex Bankas in Lithuania. Parex banka is the alone business accomplice of American Express in Latvia and Lithuania with absolute rights to affair American Express acclaim cards. Parex banka is assigned the afterward all-embracing ratings: Moody's Investors Service - Baa3 (investment grade), Fitch Ratings - BB+, Capital Intelligence - BBB (investment grade).
Additional information:
Indra Zinkevica
Head of International Communications
Phone: +371 6 777 8571
E-mail: indra.zinkevica@parex.lv
Press absolution (PDF)
hugin.info/136071/R/1194081/241745.pdf
Parex sindicate
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Für den Inhalt dieser Pressemitteilung ist allein der Herausgeber verantwortlich.
Kaupthing Bank - Iceland Economic Outlook for Q1 2008
Cooler times advanced
The accompaniment of the Icelandic abridgement has adapted back our endure forecast, afterwards the deepening of the sub-prime crisis on the all-embracing markets. The abridgement is added cooling down, aperture up the achievability that the Central Bank of Iceland will cut absorption ante eventually than ahead forecast.
Highlights of the forecast:
- Economic advance in 2008 will be low due to abbreviating clandestine burning and beneath investments. Kaupthing Research expects bread-and-butter advance levels about 3.3% in 2007, 0.9% in 2008, 2.5% in 2009 and 4.6% in 2010. Growth in 2009 and 2010 will mainly be apprenticed by a turnaround in exports, attributed to college aluminium exports and beneath imports.
- The accepted anniversary arrears is accepted to bead from 26% of GDP in 2006 to 12% of GDP in 2007. Moreover, we apprehend the arrears will be about 10% for 2008, 8% for 2009 and 6% of GDP for 2010. Research expects the advertisement of a new aluminium smelter in Helguvík and that architecture will arise this year.
- The ISK will abate this year, according to our forecast. The boilerplate amount of the barter abounding basis will be 136 credibility in mid year 2008, although we apprehend it to acknowledge afresh hardly at the end of the year.
- Inflation will abatement rapidly throughout 2008. The Central Bank is accepted to ability its aggrandizement ambition of 2.5% in the aboriginal bisected of 2009, mainly due to a air-conditioned down in the absolute acreage market.
- Research expects absorption action amount cuts this year, starting in February and extensive 9.75% at the end of this year. The everyman akin will be accomplished in 2009, area absorption ante are accepted to hit 6.5%.
- Yields on Icelandic bonds are accepted to abatement in 2008 and the aboriginal division of 2009, primarily due to lower absorption rates. If our anticipation is correct, the 12 ages acknowledgment will be almost high.
To apprehend the accomplished forcast visit: www.kaupthing.com/lisalib/getfile.aspx?itemid=13597
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the United Arab Emirates (Dubai) and Qatar. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
The accompaniment of the Icelandic abridgement has adapted back our endure forecast, afterwards the deepening of the sub-prime crisis on the all-embracing markets. The abridgement is added cooling down, aperture up the achievability that the Central Bank of Iceland will cut absorption ante eventually than ahead forecast.
Highlights of the forecast:
- Economic advance in 2008 will be low due to abbreviating clandestine burning and beneath investments. Kaupthing Research expects bread-and-butter advance levels about 3.3% in 2007, 0.9% in 2008, 2.5% in 2009 and 4.6% in 2010. Growth in 2009 and 2010 will mainly be apprenticed by a turnaround in exports, attributed to college aluminium exports and beneath imports.
- The accepted anniversary arrears is accepted to bead from 26% of GDP in 2006 to 12% of GDP in 2007. Moreover, we apprehend the arrears will be about 10% for 2008, 8% for 2009 and 6% of GDP for 2010. Research expects the advertisement of a new aluminium smelter in Helguvík and that architecture will arise this year.
- The ISK will abate this year, according to our forecast. The boilerplate amount of the barter abounding basis will be 136 credibility in mid year 2008, although we apprehend it to acknowledge afresh hardly at the end of the year.
- Inflation will abatement rapidly throughout 2008. The Central Bank is accepted to ability its aggrandizement ambition of 2.5% in the aboriginal bisected of 2009, mainly due to a air-conditioned down in the absolute acreage market.
- Research expects absorption action amount cuts this year, starting in February and extensive 9.75% at the end of this year. The everyman akin will be accomplished in 2009, area absorption ante are accepted to hit 6.5%.
- Yields on Icelandic bonds are accepted to abatement in 2008 and the aboriginal division of 2009, primarily due to lower absorption rates. If our anticipation is correct, the 12 ages acknowledgment will be almost high.
To apprehend the accomplished forcast visit: www.kaupthing.com/lisalib/getfile.aspx?itemid=13597
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the United Arab Emirates (Dubai) and Qatar. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
SaxoBank A/S - New Executive Director to Strengthen Saxo Bank´s Operations in Europe, the Middle East and the Americas
COPENHAGEN Henrik Vad has been called to a new position as Executive Director, and Deputy Head for Saxo Bank´s operations in Europe, the Middle East and the Americas.
Previously CEO of SkandiaBanken A/S, Henrik Vad will be advertisement to Albert Maasland, Senior Executive Director and Regional Head. As arch of Strategic Operations, Henrik Vad will be amenable for allowance to drive and advance the business through addition and streamlining artefact development, solidifying beheading processes and acceptable cantankerous cartography allocation amid Saxo Bank´s accretion all-around operations.
With his all-encompassing acquaintance in internet cyberbanking and abundant ability of a advanced ambit of articles from his years at SkandiaBanken, one of Scandinavia´s best accepted abounding account Internet banks, Henrik Vad has abundant to accord to the connected advance of Saxo Bank, a all-around baton in online trading and investment services.
"With Henrik Vad on board, we accept accumulated a administration aggregation that is accessible to crop on the tasks and challenges we will be adverse with active our advance action over the next few years," says Albert Maasland. "An accomplished banker, Henrik Vad has a accurate clue almanac and applied ability of our industry that will advice us to abide to abound our business at top bifold chiffre advance ante for the advancing years. He will be active in ensuring able beheading of our action and allegorical our adolescent talents appear accomplishing our advance objectives."
Understanding of the aggressive ambiance in online trading and investment and ensuring a bland beheading action will, according to Maasland, be some of Henrik Vad´s key responsibilities. With added than 20 years of acquaintance in the industry and his clue almanac of achievements in managing a advanced array of cyberbanking operations, Henrik Vad will play an important role in creating the all-important drive and administration in Saxo Bank´s approaching growth.
"I accept carefully followed Saxo Bank´s absorbing acceleration as a above amateur in the industry and been an adherent from the sidelines for years," says Henrik Vad. "I feel advantageous that I can now see things from the central and accomplish my own addition to the added advance and success of a case that has become a trailblazer and trendsetter for an absolute industry."
Prior to his career in SkandiaBanken, Henrik Vad was CEO of Din Bank A/S and A Senior Vice President of Danske Bank A/S in allegation of Domestic and International Equities Department and the Future and Options operation.
Kind regards,
Saxo Bank A/S
Media inquiries:
Kasper Elbjørn, Corporate Communications, Saxo Bank A/S
Tel: +45 30 65 43 00
kel@saxobank.com
About Saxo Bank A/S
Saxo Bank A/S is a all-around investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,300 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.ch
www.saxobank.dk
www.saxobank.co.uk
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
The advertisement was broadcast by Hugin.
The issuer is alone amenable for the agreeable of this announcement.
Previously CEO of SkandiaBanken A/S, Henrik Vad will be advertisement to Albert Maasland, Senior Executive Director and Regional Head. As arch of Strategic Operations, Henrik Vad will be amenable for allowance to drive and advance the business through addition and streamlining artefact development, solidifying beheading processes and acceptable cantankerous cartography allocation amid Saxo Bank´s accretion all-around operations.
With his all-encompassing acquaintance in internet cyberbanking and abundant ability of a advanced ambit of articles from his years at SkandiaBanken, one of Scandinavia´s best accepted abounding account Internet banks, Henrik Vad has abundant to accord to the connected advance of Saxo Bank, a all-around baton in online trading and investment services.
"With Henrik Vad on board, we accept accumulated a administration aggregation that is accessible to crop on the tasks and challenges we will be adverse with active our advance action over the next few years," says Albert Maasland. "An accomplished banker, Henrik Vad has a accurate clue almanac and applied ability of our industry that will advice us to abide to abound our business at top bifold chiffre advance ante for the advancing years. He will be active in ensuring able beheading of our action and allegorical our adolescent talents appear accomplishing our advance objectives."
Understanding of the aggressive ambiance in online trading and investment and ensuring a bland beheading action will, according to Maasland, be some of Henrik Vad´s key responsibilities. With added than 20 years of acquaintance in the industry and his clue almanac of achievements in managing a advanced array of cyberbanking operations, Henrik Vad will play an important role in creating the all-important drive and administration in Saxo Bank´s approaching growth.
"I accept carefully followed Saxo Bank´s absorbing acceleration as a above amateur in the industry and been an adherent from the sidelines for years," says Henrik Vad. "I feel advantageous that I can now see things from the central and accomplish my own addition to the added advance and success of a case that has become a trailblazer and trendsetter for an absolute industry."
Prior to his career in SkandiaBanken, Henrik Vad was CEO of Din Bank A/S and A Senior Vice President of Danske Bank A/S in allegation of Domestic and International Equities Department and the Future and Options operation.
Kind regards,
Saxo Bank A/S
Media inquiries:
Kasper Elbjørn, Corporate Communications, Saxo Bank A/S
Tel: +45 30 65 43 00
kel@saxobank.com
About Saxo Bank A/S
Saxo Bank A/S is a all-around investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. The bank´s website www.saxobank.com receives about 65,000 visitors every day. Saxo Bank currently employs about 1,300 advisers from 58 altered countries.
Saxo Bank has its address in Copenhagen, with offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.ch
www.saxobank.dk
www.saxobank.co.uk
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
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The issuer is alone amenable for the agreeable of this announcement.
Saxo Bank A/S - Saxo Bank A/S - World TopInvestor Winner Easily Beats Performance of Hedge Funds
Haochen Hu, a acclimatized broker from Hong Kong, won this year´s World TopInvestor antagonism with assets of about 785% over 12 months.
London - The champ of World TopInvestor Competition 2007-08, Haochen Hu, has outperformed the world´s arch barrier funds with assets of about 785% over the antagonism period. The antagonism is a live, absolute money, basic markets trading antagonism abiding for a abounding year. The cost for the top broker is the administration of a armamentarium with an investment amount of USD 250,000 sponsored by Saxo Bank, a all-around baton in online trading and investment services.
The champ of the 2007-08 antagonism was Haochen Hu, who led a able acreage including Guo Hanqui with a net accretion of 630%, Julian Szkirpan from the United States with 555% as able-bodied as Hungarian investors György Doleschall with a 315% accretion and Tamás Czajner with 135%.
"Losing money is bad, but it is abundant worse if you don´t apperceive why you lost. I accept traded online for eight years and you have to abstraction and be accustomed with the artefact you ambition to advance in. My action was simple. I focused on bill trading and acclimated the college advantage if I acquainted the adventitious was there," commented Hu.
Surprised with the end aftereffect himself, Hu´s abreast 785% accretion is extraordinary. According to Hedge Fund Research Inc. indices, a alternation of benchmarks advised to reflect barrier armamentarium industry achievement by amalgam appropriately abounding composites of basic funds, the abounding basis was up 10.02% in 2007. Research from Morningstar, a arch provider of absolute investment research, indicates the boilerplate acknowledgment was 12.5%.
"The World TopInvestor antagonism is a way to body acceptance of your skills. You attempt adjoin traders from all over the world, trading on the aforementioned belvedere while application any and all of the instruments available. This year´s participants were apple alliance investors, able to accomplish a accumulation in a falling market, and calmly assault able traders," said Christian Lund Hammer, Global Head of Partner Marketing from Saxo Bank.
Christian Lund Hammer emphasises the winners had a absolute compassionate of how the bazaar works and abundant aptitude to barter in an added airy market.
"One of the better changes throughout 2007 was the access in animation and appropriately a addition of ranges. To account from that, you charge abilities in trading Forex, Commodities, CFDs and Futures. This year´s winners had those skills," commented Christian Lund Hammer.
Next year´s World TopInvestor Competition is accessible to all entrants accommodating to accessible an anniversary with any Broker sponsor. Among this year´s sponsors of the World TopInvestor antagonism were several arch online investment banks and brokers from all over the apple including: Saxo Bank, Commodity Broking Services, BenchMark Finance, Cambiste, Finexo, Buda-Cash Brókerház, TMS Brokers, Banco Best, Poteza BPD, Dif Broker and RCG FX Trader.
Media Inquiries
Kasper Elbjørn, Saxo Bank Corporate Communications
Tel.:+45-3065-4300
Christian Lund Hammer, Saxo Bank Global Marketing
Tel.: +45-5159-5025
About World TopInvestor
www.worldtopinvestor.com/
About Saxo Bank A/S
Saxo Bank A/S is a all-around investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. Saxo Bank currently employs about 1,300 advisers from 58 altered countries. Saxo Bank has its address in Copenhagen, with offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.ch
www.saxobank.dk
www.saxobank.co.uk
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
London - The champ of World TopInvestor Competition 2007-08, Haochen Hu, has outperformed the world´s arch barrier funds with assets of about 785% over the antagonism period. The antagonism is a live, absolute money, basic markets trading antagonism abiding for a abounding year. The cost for the top broker is the administration of a armamentarium with an investment amount of USD 250,000 sponsored by Saxo Bank, a all-around baton in online trading and investment services.
The champ of the 2007-08 antagonism was Haochen Hu, who led a able acreage including Guo Hanqui with a net accretion of 630%, Julian Szkirpan from the United States with 555% as able-bodied as Hungarian investors György Doleschall with a 315% accretion and Tamás Czajner with 135%.
"Losing money is bad, but it is abundant worse if you don´t apperceive why you lost. I accept traded online for eight years and you have to abstraction and be accustomed with the artefact you ambition to advance in. My action was simple. I focused on bill trading and acclimated the college advantage if I acquainted the adventitious was there," commented Hu.
Surprised with the end aftereffect himself, Hu´s abreast 785% accretion is extraordinary. According to Hedge Fund Research Inc. indices, a alternation of benchmarks advised to reflect barrier armamentarium industry achievement by amalgam appropriately abounding composites of basic funds, the abounding basis was up 10.02% in 2007. Research from Morningstar, a arch provider of absolute investment research, indicates the boilerplate acknowledgment was 12.5%.
"The World TopInvestor antagonism is a way to body acceptance of your skills. You attempt adjoin traders from all over the world, trading on the aforementioned belvedere while application any and all of the instruments available. This year´s participants were apple alliance investors, able to accomplish a accumulation in a falling market, and calmly assault able traders," said Christian Lund Hammer, Global Head of Partner Marketing from Saxo Bank.
Christian Lund Hammer emphasises the winners had a absolute compassionate of how the bazaar works and abundant aptitude to barter in an added airy market.
"One of the better changes throughout 2007 was the access in animation and appropriately a addition of ranges. To account from that, you charge abilities in trading Forex, Commodities, CFDs and Futures. This year´s winners had those skills," commented Christian Lund Hammer.
Next year´s World TopInvestor Competition is accessible to all entrants accommodating to accessible an anniversary with any Broker sponsor. Among this year´s sponsors of the World TopInvestor antagonism were several arch online investment banks and brokers from all over the apple including: Saxo Bank, Commodity Broking Services, BenchMark Finance, Cambiste, Finexo, Buda-Cash Brókerház, TMS Brokers, Banco Best, Poteza BPD, Dif Broker and RCG FX Trader.
Media Inquiries
Kasper Elbjørn, Saxo Bank Corporate Communications
Tel.:+45-3065-4300
Christian Lund Hammer, Saxo Bank Global Marketing
Tel.: +45-5159-5025
About World TopInvestor
www.worldtopinvestor.com/
About Saxo Bank A/S
Saxo Bank A/S is a all-around investment case specializing in online investments in all-embracing Capital Markets. Saxo Bank enables audience to barter currencies, shares, CFDs, futures, options and added derivatives, as able-bodied as accouterment portfolio administration via our online trading platform, SaxoTrader. SaxoTrader has been developed by Saxo Bank and is accessible to today´s broker anon through Saxo Bank or through one of our all-around partnerships, area it forms an basic allotment of their infrastructure. One of Saxo Bank´s cogent areas of business is White Labelling. This involves the bank´s online trading belvedere accepting customized and branded for added banking institutions and brokers. Saxo Bank has added than 100 White Label Partners and boasts bags of audience in over 177 countries. Saxo Bank currently employs about 1,300 advisers from 58 altered countries. Saxo Bank has its address in Copenhagen, with offices in London, Geneva, Zürich, Singapore and Marbella. It aswell runs a adumbrative appointment in Beijing and an IT development centre in St. Petersburg.
www.saxobank.com
www.saxobank.ch
www.saxobank.dk
www.saxobank.co.uk
www.saxomarkets.com.sg
www.saxotrader.es
www.saxosoft.com
HSBC Bank - HSBC Bank plc 2007 Annual Report and Accounts
LONDON--(Marketwire - March 04, 2008) - The Annual Report and Accounts for the year concluded 31 December 2007 is now accessible on the Company´s website,
www.hsbc.co.uk/1/2/about/financial-reports
A archetype of the certificate has been submitted to the UK Listing Authority, and will anon be accessible for analysis at the UK Listing Authority´s Document Viewing Facility, which is anchored at:
This advice is provided by RNS
The aggregation account account from the London Stock Exchange
END
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone no. (0)20 7676 1000
Robert H Musgrove
Deputy Secretary
HSBC Bank plc
Telephone no. (0)20 7992 1504
The advertisement was broadcast by Hugin.
The issuer is alone amenable for the agreeable of this announcement
www.hsbc.co.uk/1/2/about/financial-reports
A archetype of the certificate has been submitted to the UK Listing Authority, and will anon be accessible for analysis at the UK Listing Authority´s Document Viewing Facility, which is anchored at:
This advice is provided by RNS
The aggregation account account from the London Stock Exchange
END
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone no. (0)20 7676 1000
Robert H Musgrove
Deputy Secretary
HSBC Bank plc
Telephone no. (0)20 7992 1504
The advertisement was broadcast by Hugin.
The issuer is alone amenable for the agreeable of this announcement
Kaupthing Bank - Kaupthing Bank raises agnate of EUR 1.3 billion in abiding funding
Kaupthing Bank has assured a alternation of band clandestine placements totalling USD 1,675 actor (EUR 1.1 billion) to investors in the US and Europe. Kaupthing has aswell finalised a alternate accommodation of EUR 195 actor with a European bank. In allegory the Parent Company has alone about EUR 1.1 billion of abiding redemptions for the butt of the year and FIH has EUR 1.8 billion. The agreement of the above allotment are appreciably below the Bank's accepted CDS levels in the bazaar and accept a ability alignment from 1 to 7.5 years.
This new allotment of EUR 1.3 billion adds to the able clamminess position, which is added accurate by the actuality that Kaupthing Singer & Friedlander will be departure its Asset Finance and Commodity Trade Finance businesses in the UK (announced on 25 February), which is accepted to chargeless up clamminess in balance of GBP 1 billion (EUR 1.3 billion) in 2008. Further allotment this year will be aimed at costs the bashful advance of the Bank and pre-funding the year 2009.
Further information:
Gudni Adalsteinsson - Chief Treasurer, + 354 444-6126 or Jónas Sigurgeirsson - Chief Communications Officer, +354 444-6112
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
This new allotment of EUR 1.3 billion adds to the able clamminess position, which is added accurate by the actuality that Kaupthing Singer & Friedlander will be departure its Asset Finance and Commodity Trade Finance businesses in the UK (announced on 25 February), which is accepted to chargeless up clamminess in balance of GBP 1 billion (EUR 1.3 billion) in 2008. Further allotment this year will be aimed at costs the bashful advance of the Bank and pre-funding the year 2009.
Further information:
Gudni Adalsteinsson - Chief Treasurer, + 354 444-6126 or Jónas Sigurgeirsson - Chief Communications Officer, +354 444-6112
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in thirteen countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank Norge in Norway. The Bank aswell has activities in Isle of Man, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
Security Savings Bank - Security Savings Bank Scholarship Applications Due
Security Savings BankStore this angel in big sizeHenderson, Nevada -- Security Savings Bank today appear that applications for its 2008 Scholarship Program are due April 1, 2008. The Security Savings Bank Scholarship Program provides scholarship recipients with up to $1,000 in banking assistance.
Security Savings Bank scholarships are provided to low-income acceptance residing in Clark County. Applicants are evaluated on 1) approved administration qualities, 2) captivation in the community, 3) accuracy of administration and goals, 4) bookish achievement, 5) belletrist of advocacy and 6) banking need. The 2008 Security Savings Bank Scholarship Program will accolade $1,000 scholarships to university-bound top academy seniors and $500 scholarships to accepted and association college-bound students. A absolute of $5,000 will be awarded in 2008.
Scholarship applications can be acquired by sending an e-mail appeal to: scholarship@bankplace.com or by commitment the appeal to: Scholarship Program, Compliance Department, Security Savings Bank, 3019 St. Rose Parkway, Henderson, Nevada 89052.
Security Savings Bank, with 2 annex locations confined the greater Las Vegas community, is a arch provider of banking solutions to the humans of Clark County and the communities we serve.
# # #
Security Savings Bank
3019 St Rose Parkway
Henderson, NV 89052
(702) 260-4141
Security Savings Bank, with 2 annex locations confined the greater Las Vegas community, is a arch provider of banking solutions to the humans of Clark County and the communities we serve.
Security Savings Bank scholarships are provided to low-income acceptance residing in Clark County. Applicants are evaluated on 1) approved administration qualities, 2) captivation in the community, 3) accuracy of administration and goals, 4) bookish achievement, 5) belletrist of advocacy and 6) banking need. The 2008 Security Savings Bank Scholarship Program will accolade $1,000 scholarships to university-bound top academy seniors and $500 scholarships to accepted and association college-bound students. A absolute of $5,000 will be awarded in 2008.
Scholarship applications can be acquired by sending an e-mail appeal to: scholarship@bankplace.com or by commitment the appeal to: Scholarship Program, Compliance Department, Security Savings Bank, 3019 St. Rose Parkway, Henderson, Nevada 89052.
Security Savings Bank, with 2 annex locations confined the greater Las Vegas community, is a arch provider of banking solutions to the humans of Clark County and the communities we serve.
# # #
Security Savings Bank
3019 St Rose Parkway
Henderson, NV 89052
(702) 260-4141
Security Savings Bank, with 2 annex locations confined the greater Las Vegas community, is a arch provider of banking solutions to the humans of Clark County and the communities we serve.
Kaupthing Bank - Economic Focus - Where is the króna headed?
Kaupthing Research has issued an bread-and-butter appraisal for the angle for the Icelandic Króna. The cessation is: Good abiding outlook, but difficult short-term.
The ISK barter amount bears the hallmarks of an overshooting that will acclimate itself in the best term.
In the abbreviate term, however, the króna faces greater ambiguity than afore and the actual administration of the krona is not necessarily up.
Near appellation developments will principally be bent by two factors. Firstly the allotment altitude of Icelandic Banks. Secondly, whether CBI measures, such as the affair of CDs and increases in bill affluence will advice normalizing the bandy absorption amount in the bill market.
Read the abounding report: www.kaupthing.com/lisalib/getfile.aspx?itemid=15134.
Contact Information
Thorhallur Asbjornsson - economist for Kaupthing Bank.
Email: thorhallur.asbjornsson@kaupthing.com
Tel. +354 444 6967
Kaupthing Bank
Borgartun 19
IS-105 Reykjavik
Iceland
Tel (+354) 444 7000
Fax (+354) 444 6009
About Kaupthing Bank
Kaupthing Bank is a Northern European case alms chip banking casework to companies, institutional investors and individuals. These casework cover accumulated and retail banking, investment banking, basic markets services, treasury services, asset administration and absolute abundance administration for clandestine cyberbanking clients.
The Bank operates in all of the Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) and in 6 countries in acreage Europe (the UK, Luxembourg, Belgium, Switzerland, Germany and the Isle of Man), as able-bodied as the US, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). In Denmark, Kaupthing Bank operates beneath the name FIH Erhvervsbank. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com.
The ISK barter amount bears the hallmarks of an overshooting that will acclimate itself in the best term.
In the abbreviate term, however, the króna faces greater ambiguity than afore and the actual administration of the krona is not necessarily up.
Near appellation developments will principally be bent by two factors. Firstly the allotment altitude of Icelandic Banks. Secondly, whether CBI measures, such as the affair of CDs and increases in bill affluence will advice normalizing the bandy absorption amount in the bill market.
Read the abounding report: www.kaupthing.com/lisalib/getfile.aspx?itemid=15134.
Contact Information
Thorhallur Asbjornsson - economist for Kaupthing Bank.
Email: thorhallur.asbjornsson@kaupthing.com
Tel. +354 444 6967
Kaupthing Bank
Borgartun 19
IS-105 Reykjavik
Iceland
Tel (+354) 444 7000
Fax (+354) 444 6009
About Kaupthing Bank
Kaupthing Bank is a Northern European case alms chip banking casework to companies, institutional investors and individuals. These casework cover accumulated and retail banking, investment banking, basic markets services, treasury services, asset administration and absolute abundance administration for clandestine cyberbanking clients.
The Bank operates in all of the Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) and in 6 countries in acreage Europe (the UK, Luxembourg, Belgium, Switzerland, Germany and the Isle of Man), as able-bodied as the US, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). In Denmark, Kaupthing Bank operates beneath the name FIH Erhvervsbank. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com.
Kaupthing Bank - Kaupthing Bank's after-effects for the aboriginal division of 2008
Net balance of ISK 18.7 billion (EUR 184 million)
* Shareholders' net balance of ISK 18.7 billion - ISK 20.3 billion in aforementioned aeon of 2007
* Annualised acknowledgment on disinterestedness in Q1 of 23.7%
* Earnings per allotment of ISK 26.1 against ISK 27.4 in Q1 2007
* Net absorption assets up by 31.2% from the aforementioned aeon in 2007
* Net fee and agency assets down by 11.3% from the aforementioned aeon in 2007
* Net banking assets totalled ISK 9.7 billion and decreased by 28.0% from the aforementioned aeon endure year
* Operating costs totalled ISK 21.6 billion in Q1 - an access of 21.8% from Q1 2007, but down 17.0% from Q4 2007 abstinent in euros
* The cost-to-income arrangement was 47.0%
* The 29.6% abrasion of the ISK in Q1 2008 has a cogent aftereffect on the Bank's after-effects and all comparisons amid periods
* Total assets of ISK 6,368.4 billion (EUR 53.3 billion) at the end of March, abbreviating by 8.7% in euros from the alpha of 2008, but accretion by 19.1% in ISK
* The CAD Ratio charcoal able at 11.4% and the Tier 1 arrangement was at 9.1% in the end of Q1
* Since 2005 Kaupthing has maintained a adopted bill conflict in adjustment to barrier its disinterestedness arrangement adjoin the abrasion of the ISK. The abrasion of the ISK in the aboriginal division of 2008 resulted in an access of ISK 72.5 billion in shareholders' equity
Hreidar Már Sigurdsson, CEO
"These after-effects are a lot of satisfactory in appearance of the arduous altitude on the banking markets. The abstracts authenticate Kaupthing's adeptness to acknowledge bound to alteration bazaar circumstances. Operating costs alone decidedly amid abode and this trend will continue. Our antithesis area decreased by 9% in euros during the division in acknowledgment to bazaar conditions. The accepted above of the Bank's assets is good, admitting the access in impairments amid quarters. In the accepted bazaar ambiance it is crucially important that we accept been able to assure the Bank's able-bodied liquidity, and this will abide to be the management's key priority. We are able-bodied able if the accepted bazaar bearings becomes abiding but we about accede our activity and affairs to be satisfactory."
Further information
For added advice on the after-effects amuse acquaintance Ólöf Hildur Pálsdóttir, Deputy Head of Investor Relations, on +354 444 6569 (ir@kaupthing.com) and Frída Filipina Fatalla, Investor Relations. Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank is a Northern European case alms chip banking casework to companies, institutional investors and individuals. These casework cover accumulated and retail banking, investment banking, basic markets services, treasury services, asset administration and absolute abundance administration for clandestine cyberbanking clients.
The Bank operates in all of the Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) and in 6 countries in acreage Europe (the UK, Luxembourg, Belgium, Switzerland, Germany and the Isle of Man), as able-bodied as the US, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). In Denmark, Kaupthing Bank operates beneath the name FIH Erhvervsbank. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
* Shareholders' net balance of ISK 18.7 billion - ISK 20.3 billion in aforementioned aeon of 2007
* Annualised acknowledgment on disinterestedness in Q1 of 23.7%
* Earnings per allotment of ISK 26.1 against ISK 27.4 in Q1 2007
* Net absorption assets up by 31.2% from the aforementioned aeon in 2007
* Net fee and agency assets down by 11.3% from the aforementioned aeon in 2007
* Net banking assets totalled ISK 9.7 billion and decreased by 28.0% from the aforementioned aeon endure year
* Operating costs totalled ISK 21.6 billion in Q1 - an access of 21.8% from Q1 2007, but down 17.0% from Q4 2007 abstinent in euros
* The cost-to-income arrangement was 47.0%
* The 29.6% abrasion of the ISK in Q1 2008 has a cogent aftereffect on the Bank's after-effects and all comparisons amid periods
* Total assets of ISK 6,368.4 billion (EUR 53.3 billion) at the end of March, abbreviating by 8.7% in euros from the alpha of 2008, but accretion by 19.1% in ISK
* The CAD Ratio charcoal able at 11.4% and the Tier 1 arrangement was at 9.1% in the end of Q1
* Since 2005 Kaupthing has maintained a adopted bill conflict in adjustment to barrier its disinterestedness arrangement adjoin the abrasion of the ISK. The abrasion of the ISK in the aboriginal division of 2008 resulted in an access of ISK 72.5 billion in shareholders' equity
Hreidar Már Sigurdsson, CEO
"These after-effects are a lot of satisfactory in appearance of the arduous altitude on the banking markets. The abstracts authenticate Kaupthing's adeptness to acknowledge bound to alteration bazaar circumstances. Operating costs alone decidedly amid abode and this trend will continue. Our antithesis area decreased by 9% in euros during the division in acknowledgment to bazaar conditions. The accepted above of the Bank's assets is good, admitting the access in impairments amid quarters. In the accepted bazaar ambiance it is crucially important that we accept been able to assure the Bank's able-bodied liquidity, and this will abide to be the management's key priority. We are able-bodied able if the accepted bazaar bearings becomes abiding but we about accede our activity and affairs to be satisfactory."
Further information
For added advice on the after-effects amuse acquaintance Ólöf Hildur Pálsdóttir, Deputy Head of Investor Relations, on +354 444 6569 (ir@kaupthing.com) and Frída Filipina Fatalla, Investor Relations. Information on Kaupthing Bank is aswell accessible on the Bank's website www.kaupthing.com.
About Kaupthing Bank
Kaupthing Bank is a Northern European case alms chip banking casework to companies, institutional investors and individuals. These casework cover accumulated and retail banking, investment banking, basic markets services, treasury services, asset administration and absolute abundance administration for clandestine cyberbanking clients.
The Bank operates in all of the Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) and in 6 countries in acreage Europe (the UK, Luxembourg, Belgium, Switzerland, Germany and the Isle of Man), as able-bodied as the US, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). In Denmark, Kaupthing Bank operates beneath the name FIH Erhvervsbank. As of 31 December 2007 the amount of full-time agnate positions was 3,334 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
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