Global Banking Monitor

Monday, April 29, 2024

Stripe employees get to sell $1bn of shares

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Five Strategies for Enhancing Internal Communications in Banks

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Tag: implements

Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures

Turkey’s central bank delivered its seventh straight interest-rate hike as part of efforts to curb inflation that’s seen accelerating to 70% in the coming...

Argentina Implements Unconventional Move, Slashing Key Rate to 100% through Policy Tool Swap

Argentina’s central bank changed its benchmark tool for monetary policy Monday, replacing four-week notes with one-day transactions in a bid to lower borrowing costs. The...

Turkey’s Central Bank Implements Steep Interest Rate Hike to 40%

Turkey's central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring inflation in the country. The...

Turkey Implements New Lending Rules to Curb Credit Boom

Turkey’s central bank has rolled out new measures to curb credit-card spending and limit loans to some industries as it leans on backdoor tightening...

Russian Central Bank Implements Unexpected Rate Hike, Raises to 8.5%

Russia's central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as...

Kuwait Implements Ban on Virtual Currency Transactions

The regulatory authorities in Kuwait, including the Central Bank, the Capital Markets Authority, the Ministry of Commerce and Industry, and the Insurance Regulatory Unit,...

UK Implements Stricter Rules for Bank Account Closures Following Blacklisting Complaints

Banks in Britain will be forced to explain and delay any decision to close an account under new rules announced by the finance ministry...

Vietnam Implements Further Interest Rate Cut to Boost Sluggish Economy

Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy that’s losing momentum amid slumping exports...

France Implements Buffer to Safeguard Banks from Exposure to Leveraged Companies

France will require its largest banks to increase their capital buffers if they expand loans to large, highly-indebted companies, as regulators seek to clamp...

Egypt Implements Massive Interest Rate Hike to Combat Inflation Caused by Currency Devaluations

Egypt resumed a cycle of monetary tightening as the central bank tries to tackle inflation that’s been stoked by currency devaluations. The Monetary Policy Committee...

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