Interesting facts about the banking system
The Bank is an organization providing financial services to the public. This is its main…

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Good reason to open a foreign bank account
The litigation that is currently unfolding between the Federal Tax Service and Sberbank may be…

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Modern loyalty programs of commercial banks
In the modern world, it is difficult to imagine a person who would not use…

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Know your customer: this is why banks WILL ask you awkward questions
Banks are fined hundreds of millions of dollars for insufficient customer verification. This is exactly…

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approves plans

Banking empires of British origin are fading

The UK banking sector is not just an attractive destination for a successful entrepreneur, but also a strategically advantageous point on the financial map of the world for asset management. Money is flocking to key megacities of our planet, among which London is also listed, but in recent times it takes a lot of effort, money and time to remain a client of a London bank. Continue reading

The reaction of the German banks mentioned in the “Panama scandal”

The day after the announcement of the “secret” documents of the Panamanian law firm Mossack Fonseca in the German newspaper “Munich” a statement by the German government appeared. This statement was due to the fact that the publications mentioned two German banks that had a relationship with the firm Mossack Fonseca. Their German government officials were quick to assure the public that measures would be taken to amend German law in order to prevent the anonymous use of companies. German Justice Minister Heiko Maas said that Germany is at the forefront in the fight against money laundering and the fight against terrorism. Continue reading