FINANCIAL COOPERATIVE ASSOCIATION OF INTERNATIONAL CIVIL SERVANTS
N° 74 / SEPTEMBER 2019
EDITO - LET THE SUN SHINE…
Despite a very hot day in Luxembourg (and overall Europe), AMFIE’s 28th General Meeting gathered an amazing number of our members in a nicely air conditioned, garden surrounded auditorium. We shared our views on the Association 2018 performances that demonstrated a constant downside protection of your deposits, as well as the future for 2019 that at the time of our writing, appears favourable to AMFIE.
We “spoiled” (as Netflix users would say) part of the first survey we conducted earlier, but stay tuned : we will officially unveil both the trailer and the first episode in our next edition!
In the meantime, your team is working on extended solutions to offset the low interest rates cycle we entered into, always actively balancing low risk and better return for your investments. AMFund proved to be an adequate proposal in this case as you will read in these columns, as well as the savings account’s returns (which has not been reduced – see below) that appear extremely attractive considering zero - negative rates in EU.
So let the sun shine and don’t forget your (skin) protection…
President of the Board of Directors
Paying in by bank transfer? Communication = Name and AMFIE membership number
May we remind you how important the “Communication” field is when depositing money with AMFIE via one of our correspondent banks. It is vital that you indicate clearly your NAME and your AMFIE MEMBERSHIP NUMBER.
This is to ensure that your transfer reaches us safely. If the information is missing, our correspondent banks who first receive your transfer may no longer be able to accept the funds, and will return them.