First International Bank has presented financial statements that show growth across all areas of its core operation. In 2022, credit to the public increased by 14.7% to NIS 117,156 million, with business credit growing by 22.7% and credit to households and residential loans growing by 7.6%. Net deposits by the public grew by 9.7% to […]
The global economy is heading into a decade of low growth, according to acerbating Factors such as the persistent Covid-19 pandemic and escalating tensions between the U.S. and China. This could have severe implications for businesses and consumers around the world. Daniel Lacalle, author and chief economist at Tressis Gestion, told CNBC’s “Squawk Box Europe” […]
Reasons for China’s Recovery After Covid-19 There are a number of factors that have contributed to China’s rapid recovery from Covid-19. For starters, the Chinese government has been incredibly effective in mobilizing its resources to fight the pandemic. In addition, the Chinese people have responded with unprecedented solidarity and discipline, staying in quarantine and avoiding […]