Latest News for: Banking stability

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China's central bank conducts first SFISF operation

China Daily 22 Oct 2024
... Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.
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Gold price hits record highs amid market uncertainty, but South African miners miss out

Independent online (SA) 22 Oct 2024
Additionally, expectations of looser monetary policies from major central banks also support gold prices ...Gold continues to be valued for its stability during economic volatility and is expected to remain a key asset for central banks and investors.
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Economy’s black hole

Dawn 22 Oct 2024
Fur­th­ermore, our banking sector growth heavily depends on lending to the government by investing in T-bills. Reducing interest rates may hamper the growth of our banks and saving rates in the near future.
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Management of Nigerian Economy: Staying the Course But Pausing to Reflect

This Day 22 Oct 2024
So, as long as the exchange rate remains high, inflation will be high, and with the Central Bank of Nigeria (CBN) focused on price stability and inflation management as core mandates, it would do what it considers necessary to curb inflation.
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New Zealand Posts Smallest Annual Trade Deficit in 30 Months

Live Mint 22 Oct 2024
The Reserve Bank began easing monetary policy in August and the decline in imports is showing signs of stabilizing after reaching the lowest level in two years in June ... The trade deficit is narrowing even as annual exports also slow ... .
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China cuts lending rates to revive economy and stabilize housing market

Invezz 21 Oct 2024
Targeting borrowing and market stabilization ... Yuan and bond markets react with stability ... With additional policy tools at its disposal, the central bank may have to balance further easing with long-term financial stability.
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UAE participates in WBG, IMF annual meetings in Washington

The Gulf Time 21 Oct 2024
The delegation also includes key officials such as Ibrahim Obaid Al Zaabi, Assistant Governor of the Monetary Policy and Stability Department at the Central Bank of the UAE (CBUAE); Ahmed Saeed Al ...
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UAE Participates in Annual Meetings of World Bank Group, International Monetary Fund in Washington

Emirates 24/7 21 Oct 2024
Ibrahim Obaid Al Zaabi, Assistant Governor of the Monetary Policy and Stability Department at the Central Bank of the UAE (CBUAE); HE Ahmed Saeed Al Qamzi, Assistant Governor for Banking and Insurance ...
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CBJ Implements New Financial Consumer Protection Instructions

Petra 21 Oct 2024
21 (Petra) - The Central Bank of Jordan (CBJ) has introduced the "Financial Consumer Protection Instructions for the Banking Sector" No ... The instructions establish a clear legislative framework governing the relationship between banks and customers.
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Community National Bank wins statewide Best of Community Banking Award

Odessa American 21 Oct 2024
... Banking (BOCB) Award ... Not only do these buildings showcase the bank’s capabilities, but they provide employees with a source of pride and unity and customers with a sense of stability and community.
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Doha Bank 9-mth net profit jumps 10.1% to QR690mn

Gulf-Times 21 Oct 2024
Increasing the growth of profitable assets and low-cost liabilities, improving our digital capabilities, increasing cost efficiencies, and bolstering the bank's stability and sustainability will remain our top priority.
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Is China facing a deflationary trap?

B & FT Online 21 Oct 2024
And as equity issuers, central banks can play an important role in stabilizing financial markets, recapitalizing banks, and avoiding a liquidity trap ... Moreover, if banks are lending less because they ...
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Brazil’s central bank chief urges swift action to manage inflation expectations

Invezz 21 Oct 2024
As the central bank prepares for its upcoming monetary policy ... In conclusion, Brazil’s central bank is committed to addressing inflationary challenges and maintaining macroeconomic stability.

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