High-profile collapses were just one challenge the industry faced in 2023
Polish and Czech banks dominate the top 10 based on Tier 1 capital, with Hungary’s OTP Bank pipping PKO Bank Polski to first spot this year.
In 2022, banks’ performance in Latin America and the Caribbean had a boost from rising interest rates and economic growth.
The strong dollar has dampened the growth of Islamic banking services in Asia-Pacific, while Saudi Arabia continues to see large expansion.
Downgrade indicates state’s reduced ability, not willingness, to provide ‘same level of extraordinary support’
Retail gold token launched in Hong Kong tests the waters for more digital versions of real-world assets
Real-time transaction security risks could be solved by widespread adoption of ISO messaging standards
Requirement to register ‘accountable persons’ will not come into effect until July
Experts warn of market instability risks as BoJ brings an end to years of loose monetary policy
