General Members News

The Age of strong brands

After recent stock market records, the question arises: What will happen in the coming months? The economy is not providing a tailwind for the time being, and the fantasy of interest rate cuts seems to have run its course.

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General Members News

Late Payments/Relief Package

In September 2022, the European Commission announced the Relief Package, a new set of EU-level relief measures for SMEs. One of the measures included in the Relief Package is the revision of Directive 2011/7/EU of February 16, 2011 on late payments, in order to provide businesses with a more modern legal framework that is better

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General Members News

BIL’s 2023 half-year financial results.

Banque Internationale à Luxembourg (BIL) delivered a sound financial performance during the first half of 2023, with a net profit of 103 million euros. Rising interest rates and lingering inflation have been the markers of the half-year. BIL remains fully focused on proactively helping clients navigate the current environment.

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AMCHAM
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