Central Banking14h
MNB calls on Revolut to open bank subsidiary, not branch
The Central Bank of Hungary (MNB) has called on Revolut to open up a subsidiary bank in the country, rather than a branch.
Central Banking16h
Colombian policy reforms boosted transparency, paper finds
Economists from the Central Bank of Colombia say the overhaul of its monetary policy framework between 2018 and 2019 ...
Central Banking14h
Central banks must navigate impact of tokenisation – BIS
Tokenisation has the potential to revolutionise financial market infrastructure and central banks should consider the ...
Central Banking15h
FSB calls for more action on cross-border payments
The Financial Stability Board (FSB) has urged key stakeholders to make stronger efforts to improve cross-border payments.
Central Banking14h
IMF disburses $340 million to Ethiopia
The International Monetary Fund (IMF) on October 18 disbursed $340 million from its four-year $3.4 billion loan to Ethiopia.
Central Banking18h
PBoC cuts loan prime rates
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the ...
Central Banking23h
Average cash values rise more than volumes year on year
Nineteen central banks provided data on values in both 2023 and 2024, while 22 provided data on volumes in both years. On ...