Regulatory incentives could be on the way for commercial banks to help develop their local currency trading and settlement infrastructure.
China continues to suffer under the weight of a collapsing real estate market, raising the alarm for a potential domino effect across the wider economy.
China’s digital banks have rocketed up The Banker’s best-performing table, overtaking the mega state-owned lenders.
India’s private sector banks are enjoying a period of growth and climbing up The Banker’s Top 1000 World Banks ranking. Rekha Gupta Menon reports on how strategic M&A has enabled some banks to see strong expansion.
The DigiFT US Treasury Token provides a regulated, on-chain channel for investors to invest in US treasuries with a specific maturity date of December 31, 2023.
India’s banks are enjoying a period of relative calm, and a focus on retail has helped with bringing stability. The Banker reports on how the regulator has also stepped up support.
Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing.
The implementation of the Unified Payments Interface in India revolutionised the country’s approach to digital payments. As the market matures, Rekha Gupta Menon reports on how the payment system is looking to expand overseas.
The governor of the Astana International Financial Centre talks about the centre’s growth, the development of Kazakhstan’s capital markets, and how the centre has benefited from sanctions against Russia.
A booming crypto market in Indonesia impacts moves towards transparency and investor protection.
VinaCapital Fund Management’s deputy managing director speaks about the outlook for Vietnam’s economy and the areas that are ripe for investment.
Under the Monetary Authority of Singapore’s Project Guardian, the development of a digital asset class could help relieve liquidity issues in trade finance. Kimberley Long reports.
Lenders in the Caucasus region have benefited from the turmoil resulting from Russia's invasion of Ukraine, while questions remain regarding Turkish banks as the new central bank governor and finance minister are appointed.
While China and Brazil have set up infrastructure for renminbi clearing, Argentina repaid an IMF loan in yuan.
Is Purpose Bound Money a game changer for the future of digital money?
While China’s banks continue on their growth path, they must adapt to new banking rules and a more challenging economy.
China’s largest state-owned banks have retained their places at the top of the Top 1000 ranking, despite the strength of the US dollar affecting their core capital levels.
Indonesia’s banks have a weaker showing in the 2023 Top 1000 World Banks ranking, following a stellar 2022.
Japan’s banks continue to struggle in the Top 1000 World Banks ranking, with all 82 banks except one seeing a decline in Tier 1 capital.
South Korea’s banks remain well capitalised, but economic issues have impacted Tier 1 capital growth.