Germany is considered to be an attractive country for foreign direct investment (FDI), but the global recession and subsequent Eurozone crisis have hampered the influx of FDI in recent years.
While inflows of FDI into the EU increased by 13% in 2014, FDI inflows to Germany declined by about USD 2.1 billion. In 2015, however, inward FDI returned to positive territory due to a reduction in net repayment of intra-company loans and the near doubling of reinvested earnings. According to the UNCTAD 2015 World Investment Report, Germany is the largest investing country in Europe fifth largest investor globally. As a recipient of FDI, Germany ranks seventh globally and is the fourth most favoured country by multinational companies in 2014-2016.
Among the country’s strengths are a highly powerful industrial network, a highly skilled workforce with a good command of English, reliable infrastructure, a favourable social climate, a stable legal framework and a location in the heart of Europe. Its main weakness is a high tax rate (for both individuals and businesses) and rather inflexible labour laws.
In 2016 celebrated the International Bankers Forum its 30th birthday! Hesse’s Prime Minister, Volker Bouffier, hold the laudatory speech. He honored the most important and exclusive, independent German financial association. It has round about 1.000 individual plus 45 institutional members, like the European Central Bank or the Deutsche Bundesbank (German Central Bank).
In addition to the high class member events for an exchange of experiences, ideas, information and certainly personal networking the most important German financial events will be also organized, like Euro Finance Week and the Frankfurt European Banking Congress, by the IBF.
It can be really said, the founder and chairman of the IBF, Dr. Nader Maleki, did and do internationally a tremendous job! And right now, he is one of us, he is our Bedu Nader!
If you want to participate on the most important and highest professional financial events, than feel to contact the IBF!