Sanctions hurt, but Russia’s banks keep profiting
Given that a large portion of Russia's financial reserves was held abroad, the freezing of these assets led to immediate concerns about the ability to manage balance sheets...
Tag : banks
Is UniCredit building a European banking empire?
The acquisition of Commerzbank shares by UniCredit did not go unnoticed within German political circles...
Brazil’s Pix transforms digital payments
Use of Pix surged 74% in 2023 to nearly 42 billion payments across the Brazilian economy, surpassing credit and debit card charges combined by about 23%, according to Abecs...
US Bitcoin Reserve: Here’s what Fed boss has to say about the concept
President-elect Donald Trump plans to establish a strategic reserve of US bitcoin...
Our banking solutions cater to various business needs: Bank of Baghdad CEO Basil Al Dhahi
The Bank of Baghdad is strategically expanding its branch network and ATM services, aiming to increase the number of ATMs to over 200...
Savings clubs: Good or bad for Zimbabwe?
Savings clubs have become a source of capital for many people on the economic margins...
The world of crowdfunding
The early 2020 stock market crash showed how investors worldwide became more hesitant to invest in crowdfunding...
Navigating the evolution of open banking
When third parties and financial institutions work together under the guidance of regulatory input, open banking initiatives are successful...
Digital wallets: Banking goes Gen Z way
Collaborations among financial institutions, merchants, and technology companies have been essential in advancing the acceptance of digital wallets...
Boosting growth through employee relocation
Employee relocation benefits both parties because it allows people to expand their knowledge and problem-solving skills while also providing first-hand experience in a variety of financial settings...