Banking
Banking Related News Articles from All over the world.
HSBC And Ant International Launch First Blockchain-Backed Deposit Tokenisation System in Hong Kong
Payments made through this new HSBC service could take up less time and are less expensive...
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Japan’s Banks Mark Record Profits Despite Economy Shrinking 0.7%
These banks have profited from increased corporate activity as deflation has reduced in Japan. This year,...
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Can the Bank of England Help the UK to Get Back on Track?
The UK has performed better than feared, with 0.5% growth, defying the surveys that suggested that...
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Argentina Requests More Than 40% In The First Disbursement Of $20 Billion IMF Program
Traditionally, in exchange for monetary and fiscal targets, disbursements fall between 20-30%, Argentina has requested the...
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ANZ Receives A$2 Billion Loan Guarantee to Strengthen Pacific Operations
ANZ will also invest an extra A$50 million into its Pacific banking operations to maintain and...
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Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared...
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Australia’s Central Bank Cuts Interest Rates for the First Time Since 2020
The Australian dollar briefly went up after the decision before reversing its gains. Australia’s central bank...
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Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia...
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Bank of England Warns of Economic Stagnation, Approves Interest Rate Cuts
The Bank of England expects the inflation to increase from 2.5% to 3.7%, above the 2%...
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New Zealand to Invest $290M in State-Owned Kiwibank to Challenge Big Four Banks
This initiative will enable the New Zealand-owned bank to compete more vigorously against the four Australian-owned...
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