ING Group

In recent years, the financial sector has been undergoing significant changes due to widespread digital transformation. The introduction of Internet banking, the development of financial technologies and other innovations open up unique opportunities to improve the quality of customer service. Among them is open banking.

India plans to sell a 5-percent stake in insurance giant LIC in what could potentially be the country's largest initial public offering, according to a regulatory filing on Feb. 13.

Prime Minister Narendra Modi's government is desperate for proceeds from the IPO of the Life Insurance Corporation of India and the sale of other state assets to help fix its tattered public finances.

The total worth of projects undertaken by Turkish contractors abroad hit $6.5 billion in the first half of 2021, according to a report released by the Turkish Contractors Association (TMB) on July 12.

Citing the Trade Ministry's data, the report said that Turkish construction firms undertook 100 projects in 33 countries by the end of June this year.

Turkey's external assets amounted to $249.9 billion at April-end, down 4.4 percent from 2020, the Turkish Central Bank announced on June 21.

The country's liabilities against non-residents during the same period fell 9.1 percent to $593.5 billion.

Brussels – Slovenia’s recovery and resilience plan is leading the way in terms of a high share of “other” investments, while the shares of “digital” and “green” investments are the lowest among the 23 EU member states’ plans analysed by Bruegel, a Brussels-based think tank.

Turkey's banking sector posted a net profit of 20.7 billion Turkish liras ($2.52 billion) in the first four months of 2021, the country's banking watchdog said on June 3. 

Withholding tax support on Turkish lira bank deposits will continue for another two months until July 31, the Official Gazette said on June 1. 

Turkey's external assets amounted to $248.9 billion at the end of February, up 3.4% from 2020, the Turkish Central Bank announced on April 19. 

The country's liabilities against non-residents during the same period rose 1.4% to $636 billion.

Three in five Romanians make the decision to buy a new home in no more than three months, and most view a maximum of five properties before the purchase, found an international ING survey on home ownership. "Although half of Romanians say that finding a home that ticked all their selection criteria was difficult, they were the most determined and fastest to decide in Europe in 2020.

Ljubljana – The financial position of Slovenian households continues to improve as their assets had increased more than debt until the end of the third quarter of 2020. The surplus of assets over debt stood at EUR 45.2 billion, a rise by EUR 3.9 billion at the annual level, the central bank’s report shows.