Remove Benchmarking Remove Financial Systems Remove Restructuring
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Central Banker Report Cards 2024: Asia-Pacific

Global Finance

Mansur announced plans to hike the benchmark rate by 50 basis points to 9%, and stated that rates would hit 10% within the coming months. Bangladesh has suffered years of financial system dysfunctionality. In September, the PBoC cut its benchmark seven-day interest rate by 20 basis points to 1.5% per greenback.

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A Practical Guide for the New CFO

CFO Talks

Construct Reliable Control Systems: Ensuring the integrity of financial systems and controls is crucial. The CFO must review existing controls, identify any gaps, and implement improvements to safeguard the company’s assets and ensure accurate financial reporting.

CFO 40
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Instant Satisfaction

Global Finance

Additionally, many incumbent firms are restructuring by spinning off their payments divisions into standalone entities to capture higher valuations. There are several reasons why deal activity is more vibrant, Soni says. One reason is that corporates like to cherry-pick assets that enhance their capabilities.