For individuals, access to a bank account is a first step toward broader financial inclusion. For banks, it is access to correspondent banking services via accounts in foreign currencies (a.k.a. ‘nostro’ accounts) at foreign banks that provide correspondent services in these currencies. Banks ...
Sufficient capital in the financial system helps support the resiliency of individual banks, but it is still important to ensure that, if a large firm gets into trouble, it can be resolved without a costly bailout. The Dodd-Frank Act established the framework necessary to end bank bailouts. I...
The Bank of Italy has a fundamental role in the field of financial inclusion, both on a national and an international scale through financial education, banking, markets and payment system supervision, and technical cooperation with other central banks. The Bank has been one of the first ...
Why is financial inclusion still an issue in the UK? OCTOBER 23 MOST READ The Banker’s Bank of the Year Awards 2024 Bank of the Year Awards DECEMBER 5 Bank of the Year Awards 2024 – Asia-Pacific Asia-Pacific DECEMBER 5 Europe’s banks gear up for a wave of consolidation in 2025 ...
Despite evidence of gender and locational gaps in the progress towards universal financial inclusion, these studies did not decompose findings for gender and location (Demirgüç-Kunt et al., 2018). Potential channels from bank trust to financial inclusion were also not explored. Based on the ...
Financial Stability and Innovation: The Role of Non-Performing Loans This study analyses the relationship between non-performing loans (NPLs) and innovation systems at a global level. The data were obtained from the World Bank and the Global Innovation Index over the period 2013鈥 2022 for 149 ...
these financial instruments are not money. They do not offer the backing and protection of the central bank; a reliable regulatory and supervisory framework; access to the central bank as lender of resort; or guaranteed finality of payments. Even stablecoins do not assure a stable value. They ...
Inside Latin America's fintech boom: See how three digital native companies are using AI to bring financial inclusion to the unbanked and underbanked.
Based on our strategy, sustainable infrastructure development is at the core of the Bank's financing methodology, with about two-thirds of its lending going to projects in this area. Such projects effectively and strategically mobilize financial, and more importantly, social resources for sustainable ...
Bank Led Financial Inclusion and Socio Economic Development : The Case of Indian States Financial inclusion, of late has assumed a development policy priority in many countries. For a country of continental proportions like India, wherein around 28 per cent of the population suffers from chronic po...