Global Banking Monitor

Saturday, May 4, 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: maintains

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth

Egypt's central bank kept its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second quarter...

BOJ Maintains Suspense Over Negative Rate, Stalling Yen Rally Leaves Traders Guessing

Bank of Japan Governor Kazuo Ueda kept investors in the dark on when he’ll call time on the world’s last negative interest rate, following...

Bank of Israel’s Yaron Secures Second Term, Maintains Leadership Role

Bank of Israel Governor Amir Yaron will stay on for a second five-year term after Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich...

Colombia Maintains Key Rate at 13.25% as Inflation Surpasses Regional Peers

Colombia held interest rates at a 24-year high on Monday to curb inflation that far exceeds that of regional peers. The central bank kept its...

Pakistan Maintains Rates Unchanged Despite IMF’s Call for Tightening

Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to reduce price pressures. The State Bank of...

Philippine Central Bank Chief Maintains Openness to Rate Tightening

Philippine central bank Governor Eli Remolona signaled further monetary policy tightening is still on the table for the economy, and said it’s “premature” to...

New Zealand Maintains Interest Rates Unchanged as Inflationary Pressures Ease

New Zealand’s central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing...

Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation

Peru held interest rates at a 22-year high on Thursday as policymakers wait for more evidence that inflation is slowing decisively toward its target. The...

Bank of Korea’s Rhee Maintains Hawkish Bias Following Interest Rate Hold

The Bank of Korea stuck resolutely to its hawkish stance of holding interest rates while warning of the possibility of more hikes to come...

BOJ Maintains Ultra-Low Rates, Focus Shifts to Ueda’s Inflation Views

The Bank of Japan is widely expected to maintain ultra-easy monetary policy on Friday despite stronger-than-expected inflation, as it focuses on supporting a fragile...

Fed Maintains Interest Rates, Pausing Rate-Hiking Campaign

The Federal Reserve said Wednesday it would pause its historic rate-hiking campaign as it waits for the effects to trickle further through the economy,...

Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down

Peru held interest rates at a 22-year high to ensure that inflation slows decisively toward its target. The central bank left its benchmark interest rate...

Kenya Maintains Key Rate Unchanged at Governor’s Final Meeting

Kenya’s central bank left the benchmark interest rate unchanged at its final meeting presided over by Governor Patrick Njoroge as it expects inflation to...

Mexico Maintains Unchanged Key Interest Rate Following Consecutive Hikes

The Bank of Mexico has decided to keep the key interest rate unchanged at 11.25 per cent, putting an end to consecutive rate hikes...

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