Average ROE among GCC banks is 10.9 percent, significantly higher than the worldwide average of 9.0 percent, but the elevated risk costs and greater capital positions of GCC banks only partially offset the positive impact of their larger margins on ROE....
We argue that higher trust and lower risk affect the behaviors of both MNBs and the poorest people in developing countries. This effect prompts MNBs to offer more credit to the poorest, and prompts the poorest to save. Microfinance, those financial services focused on the poor (Chih et al....
Shashi Ruia’s vision saw Essar gain a first-mover advantage in many businesses. For example, when the Indian telecom sector was opened up for private participation, Essar was among the first companies to offer mobile telephony services.
"Always do the right thing, even when no one is watching" is one of the mottos thatMontecito Bank & Trusttries to instill in the workplace. In turn, the bank tries to do the right thing for its employees, such as providing annual bonuses, remote-work options, emergency relief pay for...
When it comes to China, it has four large banks that have also fought for the positions in the top ten list of the world’s largest banks. Image: Wikimedia China Construction Bank is one of those banks in the “People’s Republic of China”. The bank has around 14,000 branches in ...
s engineers. The application of a 1.1% rate to online gambling is justified by the idea that: i) it is associated with higher rates of ‘problem gambling’; and ii) remote operators have lower operating costs. The first is solely true of online gaming and is not true for betting – ...
offering institutional clients access to more than 90 markets. BNP’s continual refinement of its platform with further automation results in more-efficient trade workflows for enhanced straight-through processing rates. It positions the bank to expand its dominant market share in many jurisdictions, wi...
The ‘next normal’ will pose challenges that banks can address through carefully planned M&A. A few broad strategies offer the greatest potential.
Women-owned banks that understand the financial hardships and discrimination that women face are more able to assess the creditworthiness of potential borrowers and offer a solution to another kind of financial discrimination that women face: a lending or credit gap. The International Finance Corporation...
“We need more banks to wake up to the fact that volumes are increasing, that there’s client demand,” said Forde. “It’s a limited number of banks that offer it. Sometimes it’s a risk issue that a future sits in one risk system and spot FX sits in another one. We need...