Archive – Banking & Fintech

Swiss drivers are soberer and safer

This content was published on Oct 11, 2005 Federal Statistics Office figures for the first six months of 2005 also show the total number of serious road accidents in Switzerland went down by 12 per cent to 2,316. During the same period, crashes caused by a driver under the influence of alcohol decreased by 26 per cent to 259. Road-safety measures introduced at…

Green cities offer vision for the future

This content was published on Oct 11, 2005 S-DEV Geneva 05, which gets underway on Tuesday, will examine what 25 “green” cities from around the world are doing to achieve sustainable urban development. According to the organisers, two-thirds of the world population – six billion people – will live in cities by 2050. This compares with half the global population in 2007 and…

Francioni takes over at Deutsche Börse

This content was published on Oct 10, 2005 Francioni, who was until recently chairman of the Swiss stock exchange (SWX) in Zurich, is to replace another Swiss, Werner Seifert, “at the earliest possible date”. Deutsche Börse said on Monday in a statement that its four-member supervisory board had confirmed the appointment, after nominating Francioni as the only candidate for the post a month…

Hexagon values Leica’s Swissness

This content was published on Oct 10, 2005 Ola Rollén also confirmed that Leica’s board would step down in November to be replaced by new directors appointed by Hexagon. Hexagon will also “think seriously” about delisting the measuring technology company from the Swiss stock exchange once it has accumulated enough shares. It currently holds 74 per cent of Leica’s shares but needs at…

Hero takes a bite out of US baby-food market

This content was published on Oct 10, 2005 If the US competition authorities approve the deal, Hero’s revenue from infant nutrition will double. Beech-Nut has a 15-per-cent market share in the US. Its product portfolio counts around 180 articles. The company is based in St Louis, Missouri. It was owned by Swiss food giant Nestlé between 1979 and 1987. No details on the…

Swiss lend India microfinance know-how

This content was published on Oct 10, 2005 The Swiss Agency for Development and Cooperation has been active in India for more than 40 years and partners three local organisations bringing financial services to the poorest of the poor. Microcredit refers to a small loan, the likes of which have helped would-be entrepreneurs set up businesses in mostly developing countries. It is estimated…

Small loans fund big dreams

This content was published on Oct 10, 2005 Thanks to a Lausanne-based foundation, would-be entrepreneurs who have been turned away by mainstream banks are being thrown a lifeline. The term “microcredit” refers to a small amount of credit loaned to a microentrepreneur often without collateral. In the developing world this system of loans has benefited the very poor, enabling them to become self-employed.…

Switzerland jumps on microfinance bandwagon

This content was published on Oct 10, 2005 Given the unreliability of foreign aid budgets, MFIs, which provide loans to low-income clients, are asking businesses to throw them a credit line by offering a secure source of funding. The extra funds would allow these mostly charitable organisations to boost their infrastructure and finance their loan portfolios for the estimated 500 million so-called microentrepreneurs…

Indian NGOs uncertain how to reach the poor

This content was published on Oct 10, 2005 However, swissinfo’s Faryal Mirza found there is dissent among the ranks about how credit should be delivered to those who need it. Rebecca Katticaren is a programme officer with the Swiss non-governmental organisation, Intercooperation, which supervises a number of the SDC’s partners in India. She was sceptical that Basix, the for-profit microfinance institution, is actually…

Credit offers India’s poor “clean” start

This content was published on Oct 10, 2005 swissinfo visited two women’s groups in Andhra Pradesh. One has claimed success with its own line of paper cups, while the other has made a clean start with washing powder. We are accompanied on the four-hour drive from Hyderabad to Khammam district by Jayaram and Subhasini, managers of the National Bank for Agriculture and Rural…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss drivers are soberer and safer

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Green cities offer vision for the future

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Francioni takes over at Deutsche Börse

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Hexagon values Leica’s Swissness

More

Hero takes a bite out of US baby-food market

More

Swiss lend India microfinance know-how

More

Small loans fund big dreams

More

Switzerland jumps on microfinance bandwagon

More

Indian NGOs uncertain how to reach the poor

More

Credit offers India’s poor “clean” start

Popular Stories

Most Discussed