Category archives for: Banking & Finance

Turkey … seasonal, but party should carry on well into 2010

Turkey … seasonal, but party should carry on well into 2010

International and emerging markets offerings are the coolest kids at the ETF party right now, favored in a big way over traditional long U.S. equity ETFs. International ETFs saw $5 billion in new inflows in November.
Vanguard Emerging Markets ETF (VWO) led all ETFs with $1.3 billion in new investments. [...]

Bulgarian banks resist government wooing

Bulgarian banks resist government wooing

Bulgaria’s banks are being cautious in their response to government calls to increase the flow of loans, wary of potential problems that could arise in the new year, while awaiting more positive signs from the economy before turning on the lending taps again.
As part of its efforts to get the economy, and [...]

At last, a country ETF for Poland : PLND

At last, a country ETF for Poland : PLND

New York-based Van Eck launched on Wednesday the Market Vectors Poland ETF (PLND), a fund that will track the 26-company Market Vectors Poland Index.
PLND will trade on the NYSE Arca Exchange and charge an expense ratio of 76 basis points. Unlike most single-country international ETFs, which tend to be dominated by holdings [...]

Van Eck Poland ETF an overview

Van Eck Poland ETF an overview

Van Eck, a leading company for providing ETF investors with access to new investment categories, has done it again.
Today’s launch of Market Vectors Poland ETF (PLND) is the first pure-play single-country ETF focusing on Poland for US investors. PLND trades on the NYSE and expenses are capped at 0.76%
I asked Tomasz Janeczko, [...]

Insuring growth in Turkey

Insuring growth in Turkey

Having gone through a period of consolidation and foreign investment, with many of the industry’s leading firms taking on overseas partners.
And having apparently ridden out the worst of the global financial crisis, Turkey’s insurance sector appears to be again gaining momentum.
There are some 60 companies in Turkey that offer insurance, reinsurance or [...]

Swedbank opens kimono on Baltic Lending … not a pretty sight

Swedbank opens kimono on Baltic Lending … not a pretty sight

Swedbank, Sweden’s fourth largest lender & one of the biggest banks in the Baltic region, revealed the full scale of Swedish exposure to economic turmoil in Eastern Europe last week. The bank posted dismal figures due to large losses on loans made to firms in the troubled Baltic region.
Swedbank was the first in a series [...]

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