Offering a difference to investors
Article Abstract:
Financial institutions interested in setting up offshore operations in Labuan will appreciate the changes within the Labuan Offshore Financial Services Authority (Lofsa). In 1996 the office, which was virtually overlooked since it had been created in 1990, began offering financial institutions the services they needed. Lofsa has developed liaisons with banks and financial institutions to help develop develop offshore industry.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
The foundation for Islamic banking
Article Abstract:
Labuan banks are developing quickly and are focused on attracting vertical markets, especially Islamic companies. Foreign banks report that they are doing well in Labuan, despite the fact that many are situated elsewhere, but run their business through Labuan. Operational costs are low and many are in Labuan to gain access to the Malaysian market. However, the Labuan government makes it tough for a bank to open an office.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Foreign banks make inroads in difficult markets
Article Abstract:
Several banks have maintained their ratings in Asian operations despite the currency crisis. Experience in dealing with Asian corporations contributes to their success.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Using a family of measures to assess organizational performance. Competing based on the customer's hierarchy of needs
- Abstracts: Using a family of measures to assess organizational performance. part 2 How to strengthen your leadership mettle
- Abstracts: Improving interface quality: an investigation of human-computer interaction task learning. Comments on 'Conception of the cognitive engineering design problem' by John Dowell and John Long
- Abstracts: Losing faith in crystal balls. The presuppositions of Gordon Brown
- Abstracts: Profiting from transformation. National Finance applies for Thai banking license. Financing Bangladesh's emerging entrepreneurs