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In response, parliament passed a law in May 2020 (effective November) to promote integration and mergers among regional banks by granting exceptions from the anti-monopoly law.
The expansion into retail reflects the transition of state-controlled Sberbank, Russia's largest bank from financial institution into a digital 'ecosystem' rebranded as Sber. Its…
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DOI: 10.1108/OXAN-DB261102
ISSN: 2633-304X
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Low global oil prices are weighing heavily on the profitability of the Gulf Cooperation Council (GCC) banking sector. Moody's Investors Service in March downgraded 26 GCC banks…
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DOI: 10.1108/OXAN-DB211796
ISSN: 2633-304X
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Singapore's leadership of ASEAN.
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DOI: 10.1108/OXAN-DB229907
ISSN: 2633-304X
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Although fintechs may increase efficiency and competition in the financial system, they may also pose risks to the banking sector if they are poorly regulated. In March the…
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DOI: 10.1108/OXAN-DB270323
ISSN: 2633-304X
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Blockchain adoption in India.
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DOI: 10.1108/OXAN-DB233975
ISSN: 2633-304X
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Banks in the four Visegrad countries (V4) countries -- Poland, Hungary, the Czech Republic and Slovakia -- are generally sound and well-capitalised, but regulators are vigilant in…
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DOI: 10.1108/OXAN-DB278091
ISSN: 2633-304X
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Although most banks remain stable, and central banks are primed to support any in difficulty, the combination of slower GDP growth, above-target inflation and fast-rising interest…
Tbilisi has authorised flights by two smaller Russian airlines, exacerbating fears of the potential for sanctions evasion. That follows the easing of Russia’s visa regime for…
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DOI: 10.1108/OXAN-DB279752
ISSN: 2633-304X
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The middle market suffers liquidity constraints.