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Driving Economic Stability: Q&A With Union of Arab Banks’ Wissam Fattouh

Global Finance

Firstly, recognizing the critical role of the banking sector in driving sustainable economic growth, we are actively working to align Arab financial institutions with the UNs Sustainable Development Goals. On one hand, all Arab countries recognize the critical role of the banking system in driving economic development and stability.

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The "live" stress test of the entire financial system

Simply Treasury

Did the American not live one of the most successful economic development times and the longest growth period in their history?On From now on, spreads will increase, and economic difficulties will disrupt debt service. People tend to forget former crisis. It is fair to say that a certain euphoria had gained Americans.

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Ethiopia: First Investment Banking Licenses Issued

Global Finance

This move is part of Prime Minister Abiy Ahmeds broader economic liberalization plan, aimed at modernizing Ethiopias heavily state-controlled financial system. The initiative is expected to attract foreign investment, increase financial stability, and support Ethiopias economic diversification.

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Nigeria’s Vista Bank Approved To Start Operations In France

Global Finance

Vista Bank plans to launch its French operations by mid-2025, establishing a headquarters in Paris and targeting key economic hubs. We remain committed to delivering exceptional services to our clients as we drive financial inclusion and innovation globally. France offers us a strategic gateway to Europe, Tiemtore added.

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IMF: Banks Could Encounter Market, Credit Losses As COVID-19 Surfaces ‘Cracks’ In The Financial System

PYMNTS

The International Monetary Fund (IMF) cautioned that COVID-19 has made “cracks” in the worldwide financial system known and “will likely” have financial institutions encounter market and credit losses that will put their reserves to the test.

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Financial alchemy: How CFOs can lead the tech revolution in their organisations

Future CFO

Navigating complex challenges The KPMG 2025 board agenda highlights that boards will face unprecedented scrutiny regarding their governance processes as companies navigate complex geopolitical and economic risks. For CFOs, this means managing financial data and utilising technology to provide insights that drive strategic decision-making.

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China Appoints Reformer To Tackle Financial System

PYMNTS

According to a report in The New York Times , which cited the Chinese commercial news media, Guo, who has a reputation as an economic reformer, will be tasked with fixing China’s debt-ridden banking system. He arrived at the China Banking Regulatory Commission on Friday (Feb.