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1 - 10 van 10 voor trade deficit
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... economy was undesirable. in fact, the ratio of the current account deficit to gdp continued to climb during 2006, reaching nearly 8.3 ... about 2007. on the other hand, the unexpected fall in the trade deficit in december has naturally led to a question of whether ... l c import l c documentary collections draft discounting total trade volume total trade volume eur 1,379 millioneur 1,379 million teb ...
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TEB NV FR 05.fh9
... been achieved in direct investments and long-term inflows, the level of c a deficit, combined with the continuing significant share of short-term financing, fuel concerns about the ... at the current level of foreign trade, the foreign trade deficit remains high. in sum, despite exports' strong contribution, and in light of higher imports, the foreign trade deficit is likely to continue expandingin2006 ...
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Teb Nv 2001 3435
... , which surfaced due to worries over delays in structural reforms, the widening current account deficit, and the weakened banking sector leading to high volatility in the markets. following government ... supplemental reserve facility in report of the management board to supervisory board trade finance volume (thousand euro)trade finance volume n.v. annual report page 8 december 2000, public confidence ...
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Teb N.V. Kapak 2000
... financial control orkun mungan, financial controller internal control melis kural, internal controller trade finance budiarto gandasoebrata, assistant vice president operations rien steketee, assistant vice ... current share adjustment to (accumulated translation year total capital ( ) share capital deficit) adjustment net income balances, december - 18,017 transfers to legal and general reserves - ...
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Teb Nv
... other hand, falling energy prices led to a substantial decline in the current account deficit. the current account deficit narrowed by 53% during september- november 2008 compared to the same period ... niche market focused mainly but not exclusively on trade and commodity finance activities. every teb nv trade finance customer can potentially have a unique trade cycle and an individualized teb nv's ...
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Layout 1
... a general govern- ment deficit of almost usd 500 billion and a current account deficit of usd 640 billion, or 5.5% of gdp. funding the current account deficit was no problem as ... employees for their valuable contributions. teb nv will continue to focus on building its trade finance and trade-related interbank activities. we will maintain our prudent approach and conservative policies. asset growth ...
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Tebnv Orj
... weak global economy and political instability in turkey brought downward pressure on its primary business trade finance. lower trade volumes meant more banks competing for lower profit margins. despite these negative ... 945 405,554 currency translation differences 6,312 5,162 legal reserves and accumulated profits (deficit) 13,850 (233,308) total equity 257,232 232,533 total liabilities and equity ...
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Tebnv2003
... turkey's external trade performance has strengthened significantly since the 2000 financial crisis, but currency appreciation since the first half of 2003 and increases in the current account deficit raise the question as to whether the exchange rate is overvalued. we expect trade volume to remain robust in 2004 and coupled with the weakness of the us dollar, the trade ...
tebnv.nl
Microsoft Word - MBreport2010-08-04Final _final_.doc
... limiting exchange rate appreciation and achieving better post-inflow financial stability. the current account deficit is expected to widen further due to higher global oil prices. we forecast ... our clear focus on self-liquidating, short-term trade transactions. breakdown of trade volumes and 2007 are as follows (euro millions) trade finance volume years eur(000) documentary collections draft ...
tebnv.nl
TEB NV Management Board Report 2011.pdf
... energy import items. in parallel with the moderation in economic growth, the current account deficit started to improve gradually from the fourth quarter of 2011. nevertheless, the improvement is ... - double-digit inflation and a substantial deficit on the current account - limit the authorities' room to manoeuvre in 2012. iv. business activities trade commodity finance compared to 2010, 2011 was ...
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