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This paper examines how the growing presence of FinTech firms affects the performance of traditional financial institutions. The findings point to a negative impact on profitability, primarily due to a reduction in interest income and a rise in operational costs. Although established financial...
Persistent link: https://www.econbiz.de/10015058989
This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust...
Persistent link: https://www.econbiz.de/10015059020
Years of isolation and continuous conflicts have left Gaza's economic development far behind that of the West Bank. In 2022, per capita income in Gaza was only a quarter of that in the West Bank, and unemployment and poverty rates were much higher. This reflects much lower employment and...
Persistent link: https://www.econbiz.de/10015059086
banking sector in West African Economic and Monetary Union (WAEMU). The decision to focus on the AML/CFT supervision of the … WAEMU banking sector was based on the remit of the regional authorities; the importance to the regional economy of a well …-integrated and well-functioning banking sector; and the results of money laundering and terrorist financing national risk assessments …
Persistent link: https://www.econbiz.de/10015059340
This paper highlights the details of the technical assistance (TA) provided to the Bank of Mongolia (BOM) on central bank communications. The purpose of the mission was to assist the authorities in enhancing the existing communication framework of BOM, and to suggest a roadmap for eventual...
Persistent link: https://www.econbiz.de/10015059414
This Selected Issues paper explores Palestinian labor market outcomes, dynamics, and policies. The Palestinian economy did not create enough jobs to absorb new labor market entrants. This even as labor force participation rates remained stubbornly low and among the lowest in the world for...
Persistent link: https://www.econbiz.de/10015059485
This technical assistance report on Georgia focuses on operationalizing the new bank recovery and resolution frameworks. The economic environment has improved, as coronavirus disease, 2019 has been brought under control but there are new challenges emerging. Economic growth is strong, interest...
Persistent link: https://www.econbiz.de/10015059565
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