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Kont Bank
Kont Investment Bank was a Tajiki investment bank operating in Dushanbe, under license from National Bank of Tajikistan. The bank's chairman was Fayzullo Salikhov. On March 30, 2017, the bank was renamed Bank Asia (Bonki Osiyo). History The Kont Investment Bank was founded in 2011 by Iranian entrepreneur Babak Zanjani, who held investments in several Tajik businesses, including a bank, an airline, a taxi service, and a bus terminal that Tajik President Imomali Rahmon himself helped inaugurate in March 2013. The bank came under scrutiny by the US Treasury Service, as a possible money laundering Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds i ... entity which was suspected of moving large sums of oil-related money on behalf the Iranian government. Zanjani reportedly sold the bank i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Bank
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also include currency gains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
