Disbursement of Agri-loans is Tentatively Set at Rs 1,819 billion for FY24
In a launching ceremony of ‘Youth Business and Agri-loans scheme’ held on January 24, 2023 at Islamabad, the Governor, State…
NIBAF and CFASP Sign MOU for Collaboration on ‘Certification in Treasury Management’
National Institute for Banking and Finance Pakistan (NIBAF) and CFA Society Pakistan (CFASP) signed a Memorandum of Understanding (MOU) on…
Federal Reserve Board Releases Results of Survey of Senior Financial Officers at Banks
The Federal Reserve Board on January 13, 2023 released results of a survey of senior financial officers at banks about…
Macroprudential Measures by Central Bank of the Republic of Turkiye
In its Monetary Policy and Liraization Strategy for 2023 document, the Central Bank of the Republic of Turkiye (CBRT) stated…
IMF says Fragmentation Could Cost Global Economy Up To 7 percent of GDP
A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up…
UAE to Become Crypto Hotspot Following New Virtual Asset Regulations
The United Arab Emirates (UAE) is expected to become a hotspot for virtual assets such as non-fungible tokens (NFTs), blockchain,…
Bank of Canada Announces Appointment of Non-Executive Deputy Governor
The Board of Directors of the Bank of Canada on January 16, 2023, announced the appointment of Nicolas Vincent as…
Microsoft to Expand ChatGPT Access as OpenAI Investment Rumors Swirl
Microsoft Corp on January 16, 2023 said it is widening access to hugely popular software from OpenAI, a startup it…
Russia Posts Record Current Account Surplus of $227 billion in 2022
Russia’s current account surplus hit a record high in 2022, the central bank said on January 17, 2023, as a…
Saudi Central Bank Releases Update to Unified Compulsory Motor Insurance Policy
The Saudi Central Bank (SAMA) announced updating the Unified Compulsory Motor Insurance Policy. This comes based on the authority vested…