The Central Bank of Sri Lanka (CBSL) became the first in Asia, to raise interest rates since the pandemic began. The central bank increased the standing deposit facility rate
Dutch bank ABN Amro said that it would resume dividend payments as an economic recovery in the Netherlands had helped a stronger-than-expected bounce in net
Allied Irish Banks (AIB) became the first Irish bank to unwind provisions on bad loans related to the COVID-19 crisis. This is after its first half return to
Bank of England Deputy Governor Ben Broadbent said that a current spike in prices is unlikely to create longer-term inflation pressures but central bankers should
A new force is blasting through the European financial system. Open Banking is forcing traditional banks to share customer data, with permission to third-party service
Singapore bank DBS said that it has commenced commodity trading on the London Metal Exchange (LME). This is after it became the first bank in
The massive stimulus measures deployed by advanced nations may help quicken the pace of recovery in the Japanese and global economies. This was agreed by
Asian financial regulators should do more to support large-scale trials of tokenized securities, said an industry body. This is because banks and technology firm’s current
Finance Minister Paschal Donohoe said that the Ireland’s government will begin to sell down part of its 13.9% shareholding in Bank of Ireland. This is
Contactless transactions are on the peak in the UK. Nine out of ten card transactions which were made in 2020 were all contactless. This had
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