RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) successfully led a business ...
Read More »Rising European bank deposits wind up at ECB
Bloomberg Banks in the euro zone, flush with new deposits, have turned few of them into loans to companies and consumers. Instead they’ve parked most of the money at the European Central Bank, where they’re paying billions of euros for the privilege of keeping it there. Since June 2014, when the ECB cut rates below zero, deposits at euro-zone ...
Read More »