Global Banking Monitor

Monday, September 25, 2023

ADIB: Best New Digital Feature 2023

We'd like to congratulate the digital banking...

Seamless Saudi Arabia 2023: Highlights and Key Insights

Saudi Arabia is in the midst of...

Tag: banking

Boosting the Private Economy: China’s Strategies and Initiatives

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China unveiled 28 detailed measures to boost the private economy on Tuesday,...

Fed’s Bowman Suggests More Rate Hikes May Be Necessary

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

High-Risk Loans Make a Comeback as Recession Risk Recedes

It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank with a bunch of debt that’s...

Goldman Sachs’ Future Relies on Low-Profile, High-Growth Sector

Goldman Sachs is known as Wall Street’s top brand, a juggernaut employing some of the world’s best traders and investment bankers. But it’s facing an...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by...

Wells Fargo Informs Customers: Missing Deposits Glitch Now Fixed

The Wells Fargo glitch that made some customers’ direct deposits disappear from their bank accounts is over, the bank said on Saturday. “All accounts have...

Unlawful ‘De-Banking’ to Be Probed as Certain Communities Raise Concerns About Disproportionate Effects

The Financial Conduct Authority (FCA) has promised to investigate unlawful bank closures after the chancellor warned the practice could be "widespread". Jeremy Hunt told the...

CBE Anticipates Inflation to Peak in H2 2023 in Egypt

The Central Bank of Egypt (CBE) expects inflation rates to reach their peak in the second half (2H) of 2023, provided that they decline...

Gulf Bank Facilitates Local Currency Payments at 350+ Merchants for Kuwait Visitors

Gulf Bank has announced a strategic partnership with Fexco International – a global leader in innovative payment and currency exchange solutions – to expand...

Tabby Receives Approval from Saudi Central Bank to Operate in Fintech

CAIRO: Saudi Arabia is fast becoming an attractive destination for regional fintech heavyweights thanks to the Kingdom’s carefully regulated operations to ensure ease of...

Qatar Central Bank Issues Notification on BNPL Licenses

Residents in Qatar will soon have access to buy now, pay later services as the country’s central bank issued a notification asking interested companies...

Americans Reach Record $1 Trillion Credit Card Debt

Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies...

Fed’s Bowman Suggests More Hikes May Be Necessary to Tackle Inflation

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

US Small Banks Not Fully Prepared for Emergency Borrowing from Fed

The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some U.S. banks are not prepared to borrow from the...

- A word from our sponsors -

spot_img

Follow us

HomeTagsBanking