Banking
in sentence
2429 examples of Banking in a sentence
Meanwhile, it distorts reality to view Spain’s entire
banking
sector through the prism of the cajas, the savings banks that are the soft underbelly of the Spanish financial system.
The rural poor in more and more of the world now have access to wireless
banking
and payments systems, such as Kenya’s famous M-PESA system, which allows money transfers through the phone.
The information carried on the new networks spans public health, medical care, education, banking, commerce, and entertainment, in addition to communications among family and friends.
Moreover, India’s new rural employment guarantee scheme, just two years old, is not only employing millions of the poorest through public financing, but also is bringing tens of millions of them into the formal
banking
system, building on India’s digital networks.
In January of 2000, following the economic implosion caused by a
banking
scandal that implicated President Mahuad, and Mahaud's subsequent replacement of the Sucre with the US dollar as Ecuador's currency, CONAIE solidified its role at the heart of Ecuadorian politics.
The European
banking
union has now partly muted one of the primary channels – domestic banks – through which public debt piled up during the last crisis.
Once euro deposits are imprisoned within a national
banking
system, the currency essentially splits in two: bank euros (BE) and paper, or free, euros (FE).
It would be a stretch to say that Tarullo has been universally popular in the
banking
community.
Floating the exchange rate would expose the country to instabilities that would lead to a host of further problems, particularly the country's shaky
banking
system.
With 90 trillion renminbi in
banking
assets and $3.2 trillion in foreign-exchange reserves, China is now playing a significant role in global finance.
A third pillar of Hungary's open economy, unusual in the region, is the internationalization of
banking
and energy.
Openness in Hungary's
banking
sector, measured by the share foreign strategic investors' control of the sector's total assets, is unprecedented, not only by transition economy standards but also by European ones.
State
banking
bail-outs cost about $3 billion.
Despite early errors, Hungary's
banking
industry is now the most sophisticated among the transition economies and the internationalized part is modernizing its corporate services, contributing to the health of companies in the wider economy.
Global energy companies in Hungary are interested in promoting strong growth in the number of customers using their services; they act, alongside
banking
and insurance industries, as a vital lobby on the government for greater foreign investment and openness.
Within 4-5 years Hungary may possess a more developed
banking
industry than neighboring and more affluent Austria, where state ownership and informal government interference remain characteristic in
banking.
Lately, a new consensus seems to be developing: that emerging-market countries should proceed cautiously with capital market liberalization until they have more of the prerequisites – sound
banking
systems, proper supervisory structures, and reasonable and transparent accounting and reporting systems – in place.
Events in Cyprus have exposed two other dimensions to the clashes over Europe’s dual sovereign-debt and
banking
crisis.
Second, the question of foreign, and especially Russian, depositors – along with proximity to Syria – has turned the rescue of the Cypriot
banking
sector into an international relations problem.
The UN Security Council should consider introducing a universal arms embargo, and the EU should adopt
banking
sanctions that target the regime and its cronies.
Does a country have a robust
banking
system?
Germany was also forced to compromise in 2012, when Merkel was pushed into agreeing to a
banking
union and the ECB’s “outright monetary transactions” program, which effectively turned European government bonds into Eurobonds.
Upwards of 15% of workers in banking, finance, and insurance were born abroad.
Although Cyprus is too small to matter for global financial markets, the crisis there could turn out to be an important precedent guiding how European policymakers deal with future
banking
problems.
This realization – that the European taxpayer does not have to save every troubled bank – might have a very beneficial effect, because Germany’s resistance to a
banking
union is motivated by the fear that German taxpayers would be forced to underwrite indirectly the losses of banks in the distressed countries of the eurozone periphery.
But the way that the problem arose, and the solution that was finally adopted, is likely to have very important consequences for the way that Europe will address its
banking
problems.
But which huge
banking
conglomerate has such a lead director today?
Likewise, mobile
banking
provided through cell phones has enabled access to financial services in remote areas without bank branches.
Consider again the examples of mobile telephony and
banking.
Kenya’s ubiquitous mobile
banking
service M-Pesa appears to have enabled poor women to move out of subsistence agriculture into non-farm businesses, providing a significant bump up the income ladder at the very bottom.
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