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Deeper Integration of Banking sector with World Economy

Banking is that sector of an economy which is very sensitive to changes in worldwide economics events, in a negative or positive way. International banks infuse the required capital and technology into a developing country’s financial system apart from risk sharing. But after 2007 subprime crisis international banks have received some criticism. Therefore some questions regarding trust issue, supervision of these banks by developing nations,  reduced access to SME’s and households and impact of digital technology on international banks have to be answered. Read more at https://blogs.worldbank.org/allaboutfinance/globalization-and-banking 

 

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Monday, 27 January 2020
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