On Wednesday 5 December, the Qatar Central Bank published its new regulation for digital banks.
Instead, it will focus its efforts in Northwestern Europe and its finance and advisory services. This decision is expected to affect the bank’s invoice financing, factoring, and cross-border financing operations… read more →
In a twice-yearly report on the soundness of the UK financial system, the BoE said that “a reduction in the degree of international policy cooperation could hinder progress by authorities… read more →
Global economic growth is expected to decline from 2.8% this year to 2.6% in 2025. South African businesses must now demonstrate reliability and export market potential to attract foreign investment.… read more →
The project, “Boosting exports through Foreign Direct Investment”, will fall under the ITFC’s “Trade Connect Central Asia+” program and include support for Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. On… read more →
The move comes as trade uncertainties mount, linked to Donald Trump’s upcoming return to the US presidency. The Bank of Korea (BoK) reduced its benchmark interest rate by 25 basis… read more →
“The United States must lead when it comes to cross-border payments, to maximise the chances that any new systems with significant international usage reach the quality and standards we prefer,”… read more →
Technology platform Chainlink, Microsoft Brazil, the Brazilian digital bank Banco Inter, and IT services company 7COMm are developing it. The pilot programme aims to demonstrate cross-border agricultural commodity transactions using… read more →
The unpublished report, completed last year, indicates that the EU’s largest banks would need to increase their minimum capital levels by a double-digit percentage were they to operate under current… read more →
Vietnam has established itself as a major trade player in Southeast Asia. In 2022, the country’s trade-to-GDP ratio reached an impressive 185%, according to the World Bank collection of development… read more →
