Latest News for: Banking policy

Edit

SBP devises women-friendly banking on equality policy

Dawn 17 Sep 2021
The State Bank of Pakistan (SBP) on Thursday said that it has devised a special policy based on gender diversity to transform the banking sector in the adoption of women-friendly business policies and practices. President Dr Arif Alvi will officially unveil the SBP’s Banking on Equality policy on Sept 17 (today) .
Edit

Fed to review financial trading rules for officials

Live Mint 17 Sep 2021
The Fed’s statement follows the revelation last week that the leaders at the Boston and Dallas Fed banks had engaged in active trading in stocks and other investments while also working to set the nation’s monetary policy ... year and in years across his tenure as bank president.
Edit

Factbox: Key Economic Policy Stances of Japan’s Next PM Candidates

FX Empire 17 Sep 2021
Kono has also distanced himself from the first arrow of Abenomics – bold monetary easing – urging in 2017 for clearer communication by the Bank of Japan of an exit strategy from ultra-easy policy ... He also said the central bank must communicate well with markets on the future path of monetary policy.
Edit

Factbox-Key economic policy stances of Japan’s next PM candidates

Metro USA 17 Sep 2021
Kono has also distanced himself from the first arrow of Abenomics – bold monetary easing – urging in 2017 for clearer communication by the Bank of Japan of an exit strategy from ultra-easy policy ... He also said the central bank must communicate well with markets on the future path of monetary policy.
Edit

UK shares rise on travel, banking boost; retail sales data ease taper fears

Reuters 17 Sep 2021
Sept 17 (Reuters) - UK shares climbed on Friday, lifted by banks and travel stocks, as concerns about a sooner-than-expected policy tightening by the Bank of England eased after British retail sales fell unexpectedly in August ... Investor focus will now be on the outcome of Bank of England's (BoE) policy meeting next week.
Edit

Lengthy QE moves abroad striking alarm

China Daily 17 Sep 2021
China's former central bank governor warned of the negative effects arising from prolonged monetary easing in some advanced economies, as asset prices are rising to record highs ... Chinese central bank officials recently reiterated the need to watch out for possible market volatility sparked by policy changes in the US.
Edit

South Africa's rand firms, but heads for weekly loss

Reuters 17 Sep 2021
... central bank interest rates decision and the Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus. The South Africa Reserve Bank's monetary policy committee will announce its rate decision on Sept.
Edit

Why World Bank junked its ease of doing business rankings

Hindustan Times 17 Sep 2021
The rankings have acquired the status of a prestige tag for emerging economies and are a key influencer of wide-ranging policies ... The rankings have acquired the status of a prestige tag for emerging economies and is a key influencer of wide-ranging policies ... The World Bank Group further said.
Edit

Column: Pound hesitates in face of early BoE hike

Metro USA 17 Sep 2021
“Any hiking cycle in the UK is likely to be incredibly gradual and limited in terms of the terminal rate, as highlighted by the flatness of the UK yield curve and the comments from numerous Bank of England policy makers that the UK’s neutral interest rate is lower than before,” he wrote.
Edit

Analysis: Powell, juggling policy and renomination, now faces an ethics blowup

Reuters 17 Sep 2021
Within days of news that two Federal Reserve bank presidents had engaged in controversial stock trades, one of the fiercest critics of the U.S ... monetary policy, Powell faces a controversy of the Fed's own making that helps reinforce arguments by progressives for broader change at the central bank.
Edit

FirstRand to puts brakes on funding new coal mines

Independent online (SA) 17 Sep 2021
Robyn Hugo, a climate change engagement director at Just Share, a shareholder activism non-governmental organisation, commended FirstRand’s new energy and fossil fuel financing policy, saying it was a significant improvement on the bank’s previous energy-related policies.
Edit

Operational, cybersecurity issues are now risk officers’ primary concern – Union Bank’s CRO

Business Day Online 17 Sep 2021
With the lockdown and the work from home policy, it was about ensuring staff could work effectively without weakening the controls and exposing the Bank to cyber risks since many people – employees and customers – were accessing the system remotely.
Edit

Indonesia central bank seen holding rates steady as economy gradually reopens: Reuters poll

Metro USA 17 Sep 2021
All 25 analysts surveyed by Reuters expected Bank Indonesia (BI) to hold the benchmark 7-day reverse repurchase rate at 3.50% on Tuesday after a two-day policy meeting ... While a stronger rupiah provides the central bank with some leeway to keep policy accommodative, analysts did ...
Edit

Easing of inflation provides RBI space to support growth

The Times of India 17 Sep 2021
The trajectory of inflation is sliding more favourable than anticipated, raising hopes that normalisation of ultra-loose policy may be pushed back than previously thought, according to a Reserve Bank of India analysis ... “Time-consistent policy actions that fit the prevailing conditions when they impact the economy is key,” the article said.
Edit

Slower growth, high inflation make awkward reading for Bank of England

Metro USA 17 Sep 2021
Last month, Michael Saunders was the only Monetary Policy Committee member to vote https.//www.reuters.com/article/us-britain-boe-idUSKBN2F61E9 for an early end to the British central bank’s purchases of government bonds, on the basis that continued buying risked a more aggressive tightening of monetary policy in future.

Most Viewed

×