BIS pledges support for Vietnam in banking infrastructure development, digital transformation

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
IMF warns of risks as central banks tighten

IMF warns of risks as central banks tighten

The International Monetary Fund urged central banks on Wednesday (Apr 18) to take a gradual and transparent approach to tightening monetary policy, warning that unexpected moves could shock the global economy.