Latest News for: Banking stability

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Central Bank decision on shared equity scheme due in November

Irish Independent 23 Sep 2021
The Central Bank will make a decision on the Government’s controversial shared equity scheme in November ... The Director of Financial Stability at the Central Bank, Vasileios Madouros, has said conclusions on the scheme will be published as part of the annual review of mortgage measures in a letter sent to Sinn Féin TD Eoin Ó Broin.
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Admit AU in G20 group of nations – Akufo-Addo

Ghana Web 23 Sep 2021
Proceeds of channelled SDRs, President Akufo-Addo reiterated, should fund vaccine acquisition and manufacturing, climate and green investments, and a pan-African Stability Mechanism like the European Stability Mechanism, that would safeguard financial stability on the Continent.
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Ripple is helping Bhutan pilot a CBDC

BitRSS 23 Sep 2021
The company claimed its CBDC solution would allow Bhutan's central bank to deploy a digital ngultrum "without compromising financial stability or monetary policy objectives.” ... .
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FULL TEXT: Akufo-Addo address at the 76th United Nations’ General Assembly

Ghana Web 23 Sep 2021
The latest numbers from the African Development Bank indicate that African economies, which contracted by 2.1% in 2020, are yet to return to pre-pandemic levels ... In much the same way, a World Bank or IMF or WHO, that is born today, would be radically different institutions from ...
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Iron Ore Storms Past $100 as China Soothes Evergrande Concerns

Yahoo Daily News 23 Sep 2021
The developer’s onshore property unit said it reached an agreement with yuan bondholders on an interest payment, offering some relief after fears over Evergrande’s financial stability sparked a global flight from risk. China’s central bank also boosted short-term cash into the financial system, helping steady commodity markets.
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AfDB approves Egyptian request to host bank’s annual meetings in 2023

Egypt Commercial News 22 Sep 2021
This was considered a testimony to Egypt’s fruitful efforts in developing the domestic infrastructure, while achieving political and economic stability, which has always been recognized by the Bank’s Board of Directors in its meetings, Zayed said, calling on Egypt to convey its valuable experience to other African countries.
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Is digital currency the future of money?

Graphic 22 Sep 2021
What is Central Bank Digital Currency (CBDC) ... The Bank for International Settlements (BIS) recommends 14 characteristics for CBDC with the overriding feature being that it aligns with the financial stability goal of a central bank as a country's critical monetary institution. Many central banks are still working through how to issue CBDC.
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Mizuho told to improve business even before FSA inspection ends

Asahi News 22 Sep 2021
The Financial Services Agency issued business improvement orders to Mizuho Bank and its parent company, Mizuho Financial Group Inc., on Sept ... It concluded that emergency measures are needed to ensure the stability of the bank's computer systems, as it will take more time for the regulator to fully understand what had occurred behind the scenes.
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China's loan prime rates remain unchanged

Sina 22 Sep 2021
China's central bank has reiterated that it will prioritize stability in its monetary policy and avoid making sudden shifts in 2021. Based on bank quotes calculated by adding ... The quoting banks submit their figures before 9 a.m.
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Rates unchanged as BI chief deems economy ‘resilient’

The Jakarta Post 22 Sep 2021
Bank Indonesia also continues to optimize its policy mix to maintain macroeconomic and financial system stability and support further economic ...
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Reserve Bank says Australia’s house prices could pose ‘risk to financial stability’

The Guardian 22 Sep 2021
Ahead of its annual financial stability review, the Reserve Bank has been looking at Australia’s house prices, ...
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BSP pushes amendments to PDIC charter as it seeks bigger role

The Philadelphia Inquirer 22 Sep 2021
... of deposit insurance and bank receiverships. This was seen to strengthen the BSP's supervision of banks and support financial stability.
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ADB keeps 4.5% growth forecast for PH

The Philadelphia Inquirer 22 Sep 2021
... bank regulator, and the deposit insurer and bank receiver. This is seen to strengthen supervision of banks and support financial stability.
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Letter to the editor: Ranch is committed to sustainable beef production

Summit Daily 22 Sep 2021
Our family has installed hundreds of log and rock structures along the Tarryall Creek while planting willow saplings to stabilize the riverbank and provide shade cover for fish. Our cattle interact with the creek during the winter to help with stabilizing the banks and keeping our creek fish friendly ... .
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Bank of Japan maintains stimuli over vaccination, moderate recovery

La Prensa Latina 22 Sep 2021
At the end of its two-day monthly meeting Wednesday, the central bank’s monetary policy committee maintained its ultra-flexible policy ... Despite the positive tone, the central bank stressed the importance of monitoring the evolution of Covid-19 due to its unpredictability, to maintain the financial system’s stability.
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