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Is this the beginning of a new era of credit risk management technology?

By |May 24th, 2018|

The panel

Marko Škreb, Former governor, Croatian National Bank
Philip Wang, Senior vice-president, Enterprise Strategy and Business Development, Openlink
Eric Wolfe, Former deputy chief, Funds Management and Banking Department, Bank of Canada
Moderator: Christopher Jeffery, Editor-in-chief, Central Banking Publications

In the aftermath of the 2008 financial crisis, inadequate credit risk management systems have been widely held […]

Thirteenth progress report on adoption of the Basel regulatory framework

By |December 27th, 2017|

This updated Progress report on adoption of the Basel regulatory framework provides a high-level view of Basel Committee members’ progress in adopting Basel III standards as of end-September 2017.

The report focuses on the status of adoption of all the Basel III standards (which will become effective by 2019) to ensure that the Basel standards are […]

Egypt Free Floats Pound, Raises Lending Rates to Spur Economy

By |November 3rd, 2016|

Egypt took the unprecedented step of allowing its currency to trade freely as it announced a series of sweeping measures to stabilize the economy.
Among other changes announced by the central bank early Thursday was a 300 basis point increase to the key lending rates. Egypt’s currency crunch has crippled business activity and fueled shortages […]

From Regulation to Innovation: New Product Development in Banks

By |October 21st, 2016|

One of the commonly mentioned obstacles to SME and Retail banking innovation is regulation – banks generally decry the amount of resources (time, attention, money, opportunity cost) they have to dedicate to navigating their legal environment, particularly if you consider banks that operate in multiple countries. Of course, while this is demonstrably true, and undoubtedly […]

NBK moving closer to customers digitally

By |September 29th, 2016|

NBK moving closer to customers digitally – Bank leads change with best global practices

The National Bank of Kuwait continues to position itself as the premier bank of choice for both domestic and foreign corporates doing business in Kuwait. NBK’s role reflects its prestigious reputation and its leadership position in the banking sector locally, regionally and […]

Tanzania: Dar Bank Introduces SMEs Centre

By |September 15th, 2016|

Stanbic Bank has launched a new centre which offers full range of banking services to SME’s to provide more convenient services to entrepreneurs.

The new centre dubbed Enterprise Direct, comes up with a wide range of value added features which will make it easier for clients, especially the medium sized enterprises or SME’s to make deposits […]

60% of EIB investment in MENA region directed to Egypt in 2015-2016

By |September 8th, 2016|

Among other ventures planned for the near future, the European Investment Bank expects to sign a loan worth €115m with the Gulf of Suez Wind Farm, says EIB’s chief economist Debora Revoltella

The European Investment Bank (EIB), the EU’s bank, has been active in Egypt for over thirty years and has accumulated a total lending worth […]

Which MENA Countries Lead in Digital Banking Adoption?

By |September 8th, 2016|

Mobile banking adoption rates are at their highest in emerging markets, according to the “Mobile Banking 2015” report by KPMG. And Gemalto estimates that mobile banking users in the Middle East and Africa will exceed 80 million by 2017.

Banks across the region are investing in their digital assets, introducing smart branches and social media banking, […]

Tanzania Banking Sector Is Sound, Stable – Bank of Tanzania

By |June 21st, 2016|

The banking sector has remained sound and stable with levels of capital and liquidity above regulatory requirements.

The sector continued to record steady growth with total assets growing by 14.6 per cent to 26.98tri/- at the end of April 2016, compared to 23.55tri/- recorded at the end of April, last year.

As at the end of March 2016, the ratio of core capital to total risk weighed assets and off-balance sheet exposure was 18 per cent compared with the minimum legal requirement of 10 per cent. […]

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Expect Much Higher Oil Prices As The Cycle Comes To An End

By |June 20th, 2016|

 

Global Oil Markets would soon be back in balance. Picking an exact date when an oil cycle will end is difficult, but they do call them “cycles” for a reason. This cycle is no different than all of the others that came before it. Oil producers and consumers respond to price changes, which brings supply & demand back into balance, just like they always do. […]

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