Global Banking Monitor

Sunday, May 19, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: growth

IMF Forecasts Slower Economic Growth of Around 3% for Honduras in 2023

Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing...

BOJ Commits to Ultra-Loose Monetary Policy to Boost Economic Growth

The Bank of Japan has said it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth. The central bank has...

Fed Cautions That Tighter Credit Conditions Could Impact US Growth

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this...

CEO of Major Colombian Bank Highlights Better-Than-Expected Loan Growth

Colombian mortgage and commercial lending are unexpectedly resilient after the central bank’s steepest-ever series of interest rate rises, according to the head of the...

Growth Takes Priority Over Inflation as Key Concern for Taiwan’s Economy

Taiwan delivered the latest signal that weakening growth is quickly overtaking inflation as the primary concern in the capitals of Asia’s exporting economies. The central...

India Poised to Outshine China as Asia Emerges as a Global Growth Bright Spot

Economic growth in India is expected to outpace that of China this year and next, according to the Organization for Economic Cooperation and Development. In...

China Urges Major Banks to Reduce Deposit Rates in Effort to Stimulate Growth

Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according...

Australia’s Economic Growth Slows to 2.3% in Q1, Marking 18-Month Low

Australia’s first-quarter gross domestic product expanded by 2.3% year-on-year, just slightly below analyst expectations. Economists polled by Reuters had forecast an expansion of 2.4%, compared...

Nomura Predicts Slower Growth for Indian Economy After Unexpected Expansion

India’s strong economic growth momentum could slow in the coming months, making the central bank shift focus from taming inflation to stimulating demand, according...

Canadian Economic Growth Exceeds Forecasts, Heightening Speculation of Rate Increase

The Canadian economy started off strong in the second quarter, extending a streak of better-than-expected growth and boosting the likelihood of another Bank of...

German growth outlook deteriorates, impacting the global economy

Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape such a fate after the war...

Cambodia Experiences Significant Growth in Digital Payment Usage

In a new report, the National Bank of Cambodia (NBC) said that the country has witnessed a significant increase in mobile payments as more...

China’s Growth Disappointment Sends Shockwaves Through Global Markets, Sparking Warnings

China’s muted economic rebound and Beijing’s reluctance to deploy large-scale stimulus are reverberating around the globe, crushing commodity prices and weakening equity markets. Investors are...

Vietnamese Banks Slash Deposit Rates in Effort to Stimulate Economic Growth

Vietnamese banks have lowered their deposit interest rates further in a move designed to boost lending to shore up growth in the economy, local...

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