The country’s slow growth and investment outlook will reduce demand for mortgages, a key growth driver for its retail banks.
World
Latest articles from World
Ethiopia finalises banking liberalisation rules as foreign currency challenges mount
November 27, 2023Mamo Mihretu, governor of the National Bank of Ethiopia, talks about progress on the country’s debt restructuring talks, the fight against inflation and plans to encourage foreign investment in the country.
Brazil’s PIX a threat to credit cards, but a boon for banks
November 27, 2023Compared to Brazil, banks in Europe or the US have lost the payments game.
Open banking and payments figure in UK Autumn Statement
November 24, 2023A break with the EU and embracing alternative payment rails is where the UK sees the future of financial service innovation.
Peru’s economic resilience key to success, says economy minister
November 23, 2023Peru’s minister of finance and economy, Alex Contreras, explains why firms should still invest in the South American country as it regains its balance following years of social, political and economic commotion.
Philippines poised for a digital banking revolution
November 22, 2023With a large underbanked population living in a fast-growing economy, firms taking the lead in the Philippines could be at the forefront of the country’s digital banking revolution.
Bulgarian banks could face higher costs after country's greylisting
November 21, 2023Being put on the FATF greylist means domestic lenders may struggle to maintain correspondent banking relationships and access external finance.
to read
Steve Donovan, managing director, treasury and trade solutions, Citi – View from Felaban 2023
November 20, 2023Watch our interviews from the Felaban event in Miami Beach, Florida.
to read
Borja García Fernandez, Citi Social Finance – View from Felaban 2023
November 20, 2023Watch our interviews from the Felaban event in Miami Beach, Florida.
to read
David Schwartz, Florida International Bankers Association (FIBA) – View from Felaban 2023
November 20, 2023Watch our interviews from the Felaban event in Miami Beach, Florida.