Read the latest news from regional and global sources, presenting different voices and perspectives.
CBN takes steps to strengthen banking sector, issues routine transitional guidance
Eagle Online
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June 18, 2025
The Central Bank of Nigeria (CBN) has introduced time-bound measures for some banks still completing their transition from the temporary regulatory support provided in response to the economic impact of the COVID-19 pandemic. The bank made this...
Are post offices and banks open on Juneteenth? Here's what to know
Times Record News - Texas
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Juneteenth is this Thursday, and if you need to mail a package or conduct a banking transaction you may want to consider planning ahead. That is because most national banks and the United States Postal Service will be closed on Thursday, June 19...
Beijing’s reform could bring Alibaba, Tencent listings to Shenzhen: HSBC
South China Morning Post
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June 18, 2025
Beijing’s latest reform to allow Hong Kong-listed companies to seek secondary listings in Shenzhen could bring mainland China’s most valuable tech companies such as Alibaba Group Holding and Tencent Holdings home, according to an HSBC report on...
CBN issues traditional guidance to Nigerian banks as recapitalization deadline nears
Daily Post
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June 18, 2025
The Central Bank of Nigeria has issued routine transitional guidance for selected Nigerian banks as its 2026 recapitalization deadline approaches. The apex bank made this known in a statement on Tuesday by its acting Director of Corporate...
Be wary of holiday scams as summer picks up, banks warn public
The Irish Times
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Consumers are being warned to be on “high alert” for a seasonal rise in scams linked to last-minute travel deals. FraudSmart, the fraud awareness initiative developed by Banking & Payments Federation Ireland (BPFI) – the industry group for the...
CBN Implements Post-COVID Guidance To Strengthen Banks
Point Blank News
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June 18, 2025
124 By Daniel Adaji The Central Bank of Nigeria (CBN) has introduced new transitional measures for a select group of banks still winding down from temporary regulatory support granted during the COVID-19 pandemic. These measures, which include...
Central Banks Load Up On Gold In Uncertain Times – WGC Study
Wealth Briefing
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As a bank talks about "de-dollarisation" and the role of gold, industry figures show that central bank appetite for the precious metal has risen, and gives pointers for what the sector expects. Central banks have accumulated more than 1,000 tonnes...
Recapitalisation: CBN Issues Routine Transitional Guidance For Selected Banks
The Will
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June 18, 2025
June 18, (THEWILL) – The Central Bank of Nigeria (CBN) has introduced time-bound measures for a small number of banks still completing their transition from the temporary regulatory support provided, mostly in response to the economic impact of...
Why central banks are buying more gold than ever
Gulf News
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Dubai: Central banks around the world are on a gold buying spree — and it’s not slowing down anytime soon. For the third year in a row, global central banks have added over 1,000 tonnes of gold to their reserves, far above the average 400 to 500...
Supervisory Data Quality Index of banks improves in March: RBI
The Hindu Business Line
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June 18, 2025
Supervisory Data Quality Index of commercial banks has improved to 89.3 in March 2025 compared to 88.6 in the year-ago period, the Reserve Bank said on Wednesday. The RBI has created a Supervisory Data Quality Index (sDQI) that measures data...
Interest Rates Fall For Savers, Top Banks Cut Returns Post RBI Move
Free Press Journal
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June 18, 2025
Top Indian banks like SBI, HDFC, and ICICI have slashed their savings account interest rates. | Mumbai: In June 2025, the Reserve Bank of India (RBI) lowered the repo rate by 50 basis points. In response, many leading banks reduced the interest...
RBI reports higher data quality scores for banks in March 2025
CNBC-TV18
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June 18, 2025
The Reserve Bank of India (RBI) has released the Supervisory Data Quality Index (sDQI) for Scheduled Commercial Banks (SCBs) for the quarter ended March 2025. The index measures data quality based on accuracy, timeliness, completeness, and...
Bay Area food banks warn millions of children and seniors in California will go hungry under Trump’s ‘big, beautiful bill’
The Mercury News - California
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June 18, 2025
Bay Area food banks are sounding the alarm about proposed cuts to a critical federal food assistance program that could result in the loss of up to 9.5 billion meals per year nationally, leaving more families hungry and further straining already...
ECB tells banks again to watch out for rise in bad loans
WHTC - Michigan
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June 18, 2025
FRANKFURT (Reuters) -Euro zone banks should watch out for a rise in bad loans, particularly when they lend to small businesses, consumers and commercial real estate in less desirable locations, European Central Bank supervisor Sharon Donnery said...
Top Indian Banks Slash Savings Rates: SEBI RA Mayank Singh Chandel Warns Of Value Erosion
myMotherLode - California
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The analyst said that the recent savings rate cuts by SBI, HDFC Bank, and ICICI Bank follow the RBI’s 50-basis-point repo rate reduction, which has made borrowing cheaper for banks. Major Indian banks have slashed savings account interest rates in...
Govt cooks up Rp 130t microloan scheme for state banks to help fund housing program
The Jakarta Post
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he government plans to disburse Rp 130 trillion (US$7.98 billion) from banks under state asset fund Danantara through the micro credit program (KUR) to support the “3 million homes” program of President Prabowo Subianto’s administration. Public...
Brit space sector struggles to compete with £90K graduate banking salaries
The Register
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The British space industry is struggling to compete for math, physics, and engineering graduates against a banking sector that can offer £90,000 ($120,000) salaries. Recently, some of my colleagues in NASA have been wondering whether there are any...
Open banking marks progress with Māori data guidelines
NBR
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June 18, 2025
More than 80% of Kiwi bank customers are now included in the new standards. The new standards are being hailed as a universal framework for ethical customer data management. Payments NZ’s API Centre has marked six years of work on open banking by...
Retired banking boss has legal ding-dong with Parliament's chief bell-ringer for ripping out front gate to his £2m west London home on day he moved in
Daily Mail
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June 18, 2025
A retired banking boss and his wife have been embroiled in a legal ding-dong with a Parliament's master bell-ringer after he ripped out the front gate to their £2million west London home when they moved in. Nicholas Partick-Hiley - a former...
Warning for thousands of NS&I Premium Bonds customers at two major banks
Birmingham Live
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June 18, 2025
Premium Bonds holders with two major banks - Monzo and Revolut - have been warned over cards getting rejected. A Premium Bonds holder spoke out via Twitter, which is now X, after cards were denied by National Savings and Investments. A Premium...