With cash falling out of favour as a result of Covid-19, the global remittances industry has seen a surge in digital transactions, improving the reach of the sector while also lowering costs.
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Sberbank: getting closer to the client
August 3, 2020One word will define 2020: coronavirus. The pandemic has affected the entire planet and influenced almost all aspects of work and personal life. How has the largest Russian bank, with millions of clients across the country, operated through this period? What changed the most, and what remained the same? The Banker spoke with Svetlana Kirsanova, Deputy Chairman of the Executive Board, Head of Retail Business Block and Sergey Maltsev, Senior Vice-President, Head of Sales Network Block at Sberbank.
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Supply chain complexity compounded by pandemic
July 21, 2020The complexity in supply chains risked bringing the production of medical equipment to a halt. The pandemic presents an opportunity to map out supply chains end to end.
World
/ Americas
/ Costa Rica
Can Costa Rica tackle its debt problems?
July 21, 2020President Alvarado hopes package of cuts will help put country on a more secure economic footing.
World
/ Western Europe
/ UK
UK banks ordered to plan for climate change risks by 2021
July 17, 2020Financial firms warned reporting climate-related information will soon become mandatory.
Coronavirus creates ideal breeding ground for cybercrime
July 16, 2020The rise in digital payments and widespread working from home as a result of the Covid-19 pandemic means banks must deal with a more complex cyber-threat environment.
Covid-19 casts shadow over Russian bank reform push
July 15, 2020Pandemic has slowed completion of reforms as regulators seek to prop up economy.
World
/ Western Europe
/ Spain
Spanish banks reap benefits from online presence
July 13, 2020Spanish banks adapted to crisis quickly – but most acknowledge it will hit profitability.
Covid-19 could undo Africa's recent progress, says IMF Africa chief
July 13, 2020Abebe Aemro Selassie on the International Monetary Fund's response to pandemic.
EU gets CCP resolution and recovery rules over the line
July 10, 2020Resolution governing failed central counterparty clearing houses (CCP) given green light.
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