Physical Bank Branches Falter as Digitalization Trend on The Rise
Bank branches decreased by 19.8 percent to 25,344 on November 2022 from 2018.
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Bank branches decreased by 19.8 percent to 25,344 on November 2022 from 2018.
Pakistan is reeling from extremely high inflation, brought on by an ambitious spending programme and subsidised financing.
The sanctions on Russia in response to its invasion of Ukraine are the most powerful and costly punishments imposed on a major economy at least since the Cold War. This column poses and provisionally answers a series of questions raised by the sanction regime, covering issues such as secondary sanctions, Russia’s supposed ‘war chest’ of currency reserves, the roles of SWIFT
The global footprint of Chinese banks is substantial and growing, including during the COVID-19 pandemic. While they are similar to other banks from emerging countries in terms of their ownership and asset structure, their global footprint often resembles that of banks from advanced countries. Geographical distance acts as a barrier for Chinese banks’ lending, comparable to