Commercial banks

Household deposits with commercial banks in Bosnia and Herzegovina amount to over BAM 14 billion – Sarajevo Times

According to data from the Central Bank of Bosnia and Herzegovina, at the end of September 2021, the total household deposits with commercial banks in Bosnia and Herzegovina amounted to BAM 14.49 billion, the highest level ever checked in. Household deposits represented by far the largest share of total deposits …

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Exclusive: Chinese regulators ask city commercial banks to cap WMPs

Regulators in several Chinese provinces have ordered commercial banks in cities to cap their wealth management assets at current levels, Caixin learned Thursday from industry insiders. Authorities issued the order in verbal directives to banks, industry insiders said, without giving a reason. China’s $ 13 trillion asset management industry nears …

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CBN commercial bank and merchant borrowing down 33.2% in October

Central Bank of Nigeria Following improved business activity in the country, commercial and investment bank borrowing from the Central Bank of Nigeria (CBN) fell 33.2 percent to N505.3 billion in October from 756.37 billion naira in September 2021. Commercial and investment banks often depend on the central bank for short-term …

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Will central and commercial banks negatively disrupt innovation?

Opinion “Deploying well-designed central bank-issued digital currencies can transform our societies into modern, innovative, more resilient and very user-centric economies. could even be risky from a national and global security point of view, ”writes Amnon Samid, a CBDC expert Amnon Samid 10:4302.11.21 To meet customer expectations, banks and financial institutions …

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RBI Revises Quick Corrective Action Framework for Commercial Banks, Effective January 1, 2022

RBI revised quick remedies framework for banks The Reserve Bank of India has revised the existing Rapid Corrective Action Framework (PCA) for scheduled commercial banks, which will be applicable from January 1, 2022. The main objective of this exercise is to enable prudential intervention at a time appropriate, following which, …

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E-Naira Won’t Affect Commercial Bank Deposits – Consultant

He spoke on the topic: “Cryptocurrency Vs E-Naira: Issues, Prospects And Challenges In The Nigerian Economy. ” Adedipus, who was the guest speaker, said e-Naira cannot replace deposits or reduce the ability of banks to create loans. “It has limits on the amount that can be easily carried in a …

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AmEx’s new debit card is part of big push commercial banks should ‘watch closely’ – Digital Transactions

With the launch of a digital checking account for businesses and associated debit card on Thursday, American Express Co. could be poised to shake up the payments industry in ways never seen before, observers say. “This announcement poses the greatest threat to financial institutions competing for the core transaction account,” …

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MFIs want commercial bank status

ISLAMABAD: Micro Finance Institutions (MFIs) urged the government to give them the status of banks, aiming at the availability of credit at the same rates as those offered to commercial banks. This request was submitted to the Sub-Committee of the Special Committee on Agricultural Products chaired by Dr Aisha Ghaus …

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Afghan dispatches: “Commercial banks are unable to preserve their liquidity and this is leading them to bankruptcy. – LEGAL OFFICER – News

EXCLUSIVE JURIST – Law students and lawyers in Afghanistan file reports with JURIST on the situation there after the Taliban takeover. Here, a JURIST correspondent in Kabul comments on the current state of the struggling Afghan banking system under the Taliban. For reasons of confidentiality and security, we retain his …

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BUDGET 2022: Borrowing from commercial banks to finance the budget deficit is a recipe for disaster in an economy trapped by liquidity

BUDGET 2022: Take loans Of Commercial banks to finance the budget deficit is a recipe Disaster in an economy trapped in money LOAN D2.46 BILLION IN THE COUNTRY FINANCING THE DEFICIT WILL HAVE Catastrophic consequences for our fragile economy The approved draft estimate of revenues, recurring expenses and projected development …

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