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Every country seeks growth in its Gross Domestic Product (GDP) to meet the needs of its citizens. A growth in GDP is a function of the amount of labour utilised in a country, the amount of capital deployed, and the increase in the country’s productivity. Any nation that seeks to accelerate its GDP growth must employ more people, use more capital or increase its productivity.
While the attractively priced rights issue provides an opportunity for existing investors to increase their holdings at lower costs, the important aspect to take note of is the gradually changing construct of the lender’s balance sheet in favour of retail assets.
With 2020 in the rearview mirror, and the end of the pandemic (fingers crossed) in sight, there’s a lot of economic damage to be assessed. But there are also a lot of personal-finance lessons we can learn—lessons that will put us in good stead, whatever the economic future holds.
Trillions of dollars in investment will be required to transition the global economy to net-zero emissions and avert a climate catastrophe. This represents a massive opportunity for capital providers. However, many of the investments that need to be made are large and risky, especially in emissions-intensive heavy industrial and mobility sectors. Financing large and risky projects in these sectors is a complex undertaking – but with the right coordination and cooperation, it can be done.
The fledgling small finance banks are paying nearly double of that of their peers paying in cost of funds at a high of 8.66%, yet maintaining the highest return on advances at close to 20% and on assets and equity in high teens than their peers, says a report.
Developing countries were being asked to commit to reducing their greenhouse-gas emissions. In exchange, they expected developed nations to provide climate funding totalling US$100 billion a year by 2020.