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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…
The dramatic fall in the lira is turning a currency crisis into a full-blown debt and liquidity crisis. President Recep Tayyip Erdogan is taking an increasingly defiant stand…
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DOI: 10.1108/OXAN-DB236807
ISSN: 2633-304X
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Russia's rescue plan for the economy.
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DOI: 10.1108/OXAN-DB210260
ISSN: 2633-304X
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Forecasts of modest GDP growth next year assume a recovery in domestic investment, driven primarily by government spending to deliver a six-year growth and development strategy.
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DOI: 10.1108/OXAN-DB239846
ISSN: 2633-304X
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Nicaragua unrest.
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DOI: 10.1108/OXAN-DB243840
ISSN: 2633-304X
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Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
ISSN: 2633-304X
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Recent high-profile incidents have called into question the viability of the business model in large parts of Latvia’s banking sector. In February, the US Treasury accused ABLV…
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DOI: 10.1108/OXAN-DB230366
ISSN: 2633-304X
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Russian banking and finance
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DOI: 10.1108/OXAN-DB198141
ISSN: 2633-304X
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Cut off from international financial markets, Russian banks are struggling to make cross-border payments and domestic lending is greatly curtailed. The CBR believes the sector is…
The Hezbollah International Financing Prevention Act (HIFPA) makes it possible for accounts of people and businesses who have transactions with Hezbollah to be frozen. On the…