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The evolving banking landscape: insights for CFOs in Asia

Future CFO

The banking sector in Asia is renowned for its resilience and adaptability, and it must continue to innovate to thrive. As we approach 2025, several key trends are reshaping the financial landscape, particularly affecting the dynamics between CFOs and their banking partners.

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Climate risks have hit financial system: RBI

CFO News

The Reserve Bank of India (RBI) warns that climate risks are impacting the financial system, posing systemic challenges. These include physical and transition risks, impacting assets, businesses, and loan losses. Data gaps hinder comprehensive risk assessment and access to climate finance.

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Banks Need a Digital Strategy to Manage the $84 Trillion Generational Wealth Transfer

Global Finance

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet. Crucially, banks must recognize that younger generations are far more digitally literate than baby boomers.

Banking 105
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Ethiopia: First Investment Banking Licenses Issued

Global Finance

On March 21, Ethiopia issued its first-ever investment banking licenses, marking a historic shift in the nations financial sector. and Wegagen Capital Investment Bank S.C., both linked to major Ethiopian banks. Ethiopias shift toward a market-driven economy is expected to reshape its financial landscape.

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Nigeria’s Vista Bank Approved To Start Operations In France

Global Finance

Vista Bank, a digital-first Nigerian lender, has received regulatory approval from Frances Prudential Supervisory Authority (ACPR) to establish operations in France. Granted on January 1, this milestone marks a significant step in the banks expansion strategy to strengthen Africas trade ties with Europe.

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

Global Finance

Wissam Fattouh, secretary general of the Union of Arab Banks (UAB) and the World Union of Arab Bankers, talks about the issues facing the Arab banking sector and the challenges of rebuilding Syrias banking system. Global Finance: The UAB has been bringing together the Arab worlds banking sector for over 50 years.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We Specific Concerns .

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