Saudi Arabia’s Public Investment Fund will inject $40 billion on an annual basis in 2021 and…
Category: Finance
Airlines Operating in the Middle East Posted a 90 percent Slump in Passenger Demand
According to the International Air Transport Association (IATA), the September figure was actually a slight improvement…
Latin American Fintech Sector has been Growing Steadily, Capturing the Attention of the Global Market
One sector which has shown not only resilience but real growth during the past year is…
COVID-19 has hit Latin America and the Caribbean Region Harder than other Parts of the World
Relatively large human toll is evident from the number of cases; with only 8.2 per cent…
Export Import Bank of Korea Grants Uncommitted Credit Facility to CAF—Development Bank
Projects in Latin America involving the export of goods and services from a Korean supplier to…
Banks Struggling to Harness Open Banking
Banks that are struggling to harness the potentials of open banking can be compared to opening…
European Stocks Jump to a 2-month High
Stoxx Europe 600 index rose 1.5% as of 11:35 GMT, and hit the highest since September…
How Prudential Supervisors Should Consider Money Laundering and Terrorist Financing (ML/TF) Risks in the Context of Supervisory Review and Evaluation Process (SREP)
European Banking Authority (EBA) published an Opinion setting out how prudential supervisors should consider money laundering…
Rules Aimed at Preventing Monopolistic Behaviour by Internet Platforms in China
China’s State Administration for Market Regulation (SAMR) said it wanted to prevent platforms from dominating the…
Neobanks’ Performances Faltered Compared to Incumbent Peers
Incumbent banks are all benefiting from the rapid growth in digitalization amidst the coronavirus outbreak, whilst…