China’s central bank said on Saturday it will safeguard the legal rights of home buyers and better satisfy their reasonable living needs, vowing to promote healthy development of the country’s real estate market.
Debt loads in low-income countries surged 12 percent to a record $860 billion in 2020 amid the pandemic, prompting World Bank President David Malpass on Monday to call for a "comprehensive plan" to deal with the issue.
Europe’s banks are slow to act on sustainability and have limited understanding of their exposure to environmental, social and governance risks, according to a report by asset manager BlackRock for the European Commission.
Iran’s Foreign Ministry spokesman strongly dismissed the allegations made by a Bahraini court against Central Bank of Iran and a number of other Iranian banks, saying those claims have been politically motivated and lack legal value.
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc's banking watchdog said on Wednesday.
The head of the Iran-Syria Joint Chamber of Commerce, Keyvan Kashefi, held a meeting with senior officials from the Syrian ministries of finance, economy and trade in Damascus, in which the two sides stressed accelerating the process for establishing an Iran-Syria joint bank.
Germany, France and Britain urged the administration of US President Donald Trump in late October to reconsider broad, new sanctions against Iran’s banks, arguing that the move would deter humanitarian trade and hurt the allies’ common interests, Reuters reported citing diplomatic correspondence.