The Single Supervisory Mechanism (SSM) is the first pillar of the banking union. It ensures enhanced supervision of Europe’s banking sector.

The Bangladesh Bank has issued stern directives to banks asking them to clear overdue letters of credit payments for both general and back-to-back imports quickly, warning to take punitive actions if ...

The Central Bank said last June that it would fix official dollar and euro rates against the ruble on the basis of reports of banks on results of transactions in the over-the-counter currency market ...

Earlier last year, many economists optimistically predicted that interest rates would dip below 6% in early 2025. But since ...

From now on, non-resident investors, both Bangladeshi and foreigners, will not need the approval of the central bank to invest up to Tk10 lakh in any Bangladeshi public or private institution except ...

The Federal Reserve is expected to keep its key interest rate unchanged this week, despite Donald Trump's calls for cuts.

The rise in hunger highlights what’s at stake in the sharp-edged choice Federal Reserve officials must make in the coming ...

Mozambique’s central bank extended its longest easing cycle since 2017 and reduced the ratio of reserves that commercial ...

India's central bank said on Monday its chief has urged banks to tighten their oversight on cybersecurity issues and to have ...

Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a ...

"It's still a very strong Trump news cycle. The last thing Powell wants to do is to kind of paint a target on the Fed" by suggesting in any way that interest-rate policy "could interfere with the ...

Christine Lagarde, President of the European Central Bank (ECB), expressed significant concerns regarding central bank ...