Latest News for: Banking stability


How Tech is Cracking Open Traditional Finance

Finance Magnates 17 May 2024
Their mission? To understand how these trends impact banks, ensure financial stability, and – when necessary – create guidelines to plug potential holes in the system ... safeguarding financial stability.

Abbey Mortgage Bank Cleared of Insider Trading Allegations

This Day 17 May 2024
Abbey Mortgage Bank Plc has been cleared of ... Abbey Mortgage Bank, a leader in the Nigerian mortgage sector since its incorporation in August 1992, has continually demonstrated resilience and stability.

EMDE Central Bank Interventions during COVID-19 to Support Market Functioning

International Monetary Fund 17 May 2024
This paper examines emerging market and developing economy (EMDE) central bank interventions to maintain financial stability during the COVID-19 pandemic.

Teranet-National Bank composite house price index held steady in April

Moosejaw Today 17 May 2024
National Bank Financial Markets economist Daren King says the stabilization comes as resale market activity remains sluggish, with first-time homebuyers on the sidelines awaiting interest rate cuts from the Bank of Canada.

Philippines may cut key rate by up to half point this year

Gulf News 17 May 2024
The Philippine central bank may lower its key interest rate by a total of 50 basis points this year as price risks moderate, Governor Eli Remolona said Thursday, after keeping it at a 17-year high for a fifth meeting.

Public Meeting to Discuss Changes to the San Juan River

Pagosa Daily Post 17 May 2024
The PGP will implement a series of interventions, including the creation of low-flow channels, promotion of bank stabilization, riparian vegetation and fish passage, as well as the removal of ...

High voter turnout in 4th phase, hopes of PM Modi coming back support India stocks; Sensex jumps 2,000 pts this week

Beijing News 17 May 2024
... levels, political stability at the central government level, and appreciable central bank monetary policy, have all contributed to painting a bright picture for the Indian economy in recent quarters.

5 factors behind Russia’s economic resilience amid the Ukraine war

Financial Express 17 May 2024
... someone who\u2019s worked from 2017 until early 2022 at the Central Bank of Russia, to say that the economy\u2019s stability is based solely on the oil bonanza would be an \u201cunderstatement\u201d.

Banks solvency under threat — High NPLs to blame

Business Ghana 16 May 2024
He said although the banking industry has been battling with rising NPLs for decades now, the level at which it is rising now threatens the financial stability agenda of the country ... He said maintaining price stability should be the immediate goal.

SBV seeks to extend debt restructuring to support economic recovery

The Saigon Times 16 May 2024
HCMCThe State Bank of Vietnam (SBV) is proposing an extension of the debt ... This move is based on an assessment of the policy’s effectiveness in bolstering the economy and stabilizing banks.

China property shares jump on report of government plans to buy homes

Voa News 16 May 2024
The sub-index has gained around 30% since mid-April, when the market started speculation that more supportive measures would be rolled out to stabilize the ailing sector after months of disappointing home sales.

ECB Sounds the Alarm on AI in Finance: Regulation Needed

Finance Magnates 16 May 2024
Read about the impact new artificial intelligence tools can have on the financial system in our upcoming Financial Stability Review https.//— European Central Bank (@ecb) May 15, 2024.

Philippine central bank holds key interest rates

Xinhua 16 May 2024
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively.

RBI holds conference for heads of assurance functions at Urban Co-operative Banks

Beijing News 16 May 2024
In his speech, Swaminathan outlined the Reserve Bank's supervisory expectations and emphasized the crucial role that effective assurance functions play in maintaining the financial stability of banks ...

Macroeconomic outlook has improved but markets underestimate geopolitical risk, ECB's De Guindos says

CNBC 16 May 2024
Luis de Guindos, vice-president of the European Central Bank, discusses the institution's latest Financial Stability Review and market perceptions of geopolitical risk ... .