Addis Fortune’s Post

SA’s banking regulator is looking at how it could create further ‘tiers’ of commercial banking licence, which could make it easier for smaller banks with less capital to enter the market. This comes at a time when the Prudential Authority (PA), which regulates SA’s banks and insurers, is seeing increased interest in applications for the various types of “deposit-taking” licence, which include mutual banks and co-operative financial institutions along with commercial banks #NdzaviOnBiz

The FDIC proposed updates to the brokered deposit classification rules poses a serious impact for the Banking as a Service (BaaS) industry. Learn more from Goodwin's banking lawyers: https://bit.ly/4c8JFRG #Banking #FinancialServices

have successfully completed the introduction to banking course This Introductory course covers the fundamental knowledge about the banking industry. We will discuss the various types of financial institutions and how they differ in the types or products and services provided to their own customer groups. We can look at a bank's balance sheet and income statement and understand how a bank generates return✨ #CFI

I've written this article for smaller banks, building societies, and corporates. It’s a topic I haven’t explored before, but it warrants consideration: the relationship you have with your banking counterparts. This area offers significant potential for adding value, not through outright profit, but through cost savings achieved by securing fair value. #Treasury #Banking #BuildingSocieties

Furthermore, total assets held by Tier 2 and Tier 3 financial institutions increased by 6% year-on-year to UGX 1.3tn, supported by a 9% (UGX 62bn) growth in loans and advances to customers, and a Ugandan Shilling 164bn increase in financial investments. Tier 2 and Tier 3 financial institutions predominantly hold customer loans and advances as the largest component of their portfolios. This emphasis on loans and advances is due to their crucial role in generating income through interest and fees, as well as their impact on the overall financial health and stability of the respective financial institutions. To read more, visit https://lnkd.in/dQSny3Mu and access the 2023 banking sector report. #UBASectorHighlights

SA’s banking regulator is looking at how it could create further ‘tiers’ of commercial banking licence, which could make it easier for smaller banks with less capital to enter the market. https://lnkd.in/dwVGhBrr #financialservices

Let's read some banking knowledge that may be useful for these uncertain times: Bank Failure: Understanding the Risks and Protections for Consumers Occurs when a bank is unable to meet its obligations to depositors and creditors, and is forced to close its doors. While rare, can have serious consequences for consumers, as they may lose access to their deposits and face financial hardship as a result. It’s important for consumers to understand the risks associated with it, as well as the protections in place to help mitigate those risks. To read the full article go to our website: https://lnkd.in/eSM2DrkN What do you think about this article? Did you find it useful? Let's chat about it in the comments! #crisis #inflation #banking #finance #knowledge

(2/2) In February-March, there is typically a seasonal minimum, and in 2024, it reached the second lowest level in the past decade, following the exceptional year of 2022. Despite an almost 54% increase in absolute numbers, the share of cash in the broad money base (M0/M2) remained low. Given this and the abovementioned new measures, we anticipate a further decline in the share of cash and an increase in the amount of the overall base as more unofficial cash and savings are expected to be converted into deposits within the banking sector.

Are you aware of the latest updates in capital regulations? Stay informed on issues impacting the #banking and #capitalmarkets issue such as the beginning of the rate cut cycle, the #BaselIIIEndgame reproposal of capital standards, and much more. https://bit.ly/3Y4eXUC

I have successfully completed the introduction to banking course This Introductory course covers the fundamental knowledge about the banking industry. We will discuss the various types of financial institutions and how they differ in the types or products and services provided to their own customer groups. We can look at a bank's balance sheet and income statement and understand how a bank generates return✨ #CFI