World of Numbers and Facts on LinkedIn: Top ten Largest Central Banks, by Assets: 1.🇺🇸 Federal Reserve:… (2024)

Argentina opens the Pandora's Box of 21st century Brady Bonds, and effective default to the debts owed the major Western banks -- particularly American."There are only four types of Central Banks: the bad, like the Federal Reserve; the worse; the emerging markets and then there is Argentina."PM frontrunner candidate MileiJust call me Gary US Bonds. #banking #bankingcrisis #argentina#emergingmarkets #capitalmarkets #bondmarkets #yieldcurve #interestrates #federalreserve #centralbanks

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Experts from the Analytical Credit Rating Agency (ACRA) predict that the Russian banking sector will achieve record profits in 2023, exceeding 2.6 trillion rubles. During the first half of the year, Russian banks saw significant growth in interest and commission income, with a portion of the income coming from currency operations. The Central Bank reported that the banks’ profit for the first half of the year reached 1.7 trillion rubles, setting an all-time record. This surpasses the profit of credit organizations for the entire year of 2020 (1.6 trillion rubles) and is on par with the profit in 2019 (1.7 trillion rubles).#CCBLR https://lnkd.in/eyJKirbj

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The financial world is full of little anomalies, and this is definitely one of the more niche ones. There are some central banks (the organisations literally SETTING interest rates) which you can buy shares in, get dividends from etc.The South African Central Bank is worth just £420,000 ... less than the average price of a detached house in the UK (according to the ONS). There are all sorts of rules which mean someone can't just buy enough shares to OWN the bank, but still ... doesn't seem like much for a country whose GDP is £330 billion! #investing #centralbanks #takeover

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Central banks end crisis offer as bank system fears ease Major central banks, including the European Central Bank, Bank of England, Bank of Japan, and Swiss National Bank, are scaling back their offer of emergency dollar loans to banks after the pressure on banks' cash needs has dropped and the crisis credits were not being used much lately. Providing extra dollars was a tool used during the 2008 global financial crisis and COVID-19 pandemic to ease the impact on credit to consumers and businesses. The banks will move from daily offerings of dollars to a previous availability of every seven days. The fast dollar credits could be rolled out again if market conditions warrant.#bank #covid #banks #dollar #yen #japan

#Eurozone #banks may suffer billions of euros in lost profits and be forced to deal with tighter #liquidity from a potential increase in the reserves required to hold at the European Central Bank (ECB).The ECB is reviewing banks' minimum reserve requirements (MRR) as part of a more comprehensive review of its operational framework. The MRR is currently set at 1% of a bank's overnight deposits, deposits with an agreed maturity or notice period of up to two years, debt securities with maturity of up to two years and money market papers. Historically that rate has been set at 2%.Read the article to learn more: https://ow.ly/pQTa50Q2vzy

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#Italianbanks have the biggest need among European lenders for #liquidity to replace cheap funding from the European Central Bank that’s set to expire this year and nextBanks in the country have taken up the largest amount of the so-called #TLTROs, which are ultra-cheap funds designed to spur credit to the economy, relative to their #reserves#Banks #deposit #funds #liquidity #CentalBank#Intervention feeds #fragility not resiliencehttps://lnkd.in/dFVNKjfa #wealthprotection

Charting Central Bank Paths in 2024: A Global Outlook 🌍🏦Explore the dynamic world of central banking with a snapshot of 2024 forecasts for key players: 🇯🇵 Bank of Japan: 0% 🇬🇧 Bank of England: 4% 🇨🇦 Bank of Canada: 4% 🇨🇳 People’s Bank of China: 2.2% 🇮🇳 Reserve Bank of India: 5.5% 🇧🇷 Central Bank of Brazil: 9% 🇷🇺 Bank of Russia: 12% 🇿🇦 South African Reserve Bank: 8% 🇲🇽 Banco de Mexico: 9.5% 🇮🇩 Bank Indonesia: 4.75% 🇹🇷 Central Bank of Turkey: 40% 🇳🇬 Central Bank of Nigeria: 23.5% 🇰🇷 Bank of Korea: 3% 🇦🇺 Reserve Bank of Australia: 3.6% 🇦🇷 Central Bank of Argentina: 70% 🇨🇭 Swiss National Bank: 1.5% 🇸🇪 Sveriges Riksbank: 3.25% 🇳🇴 Norges Bank: 3.65% 🇳🇿 Reserve Bank of New Zealand: 4% 🇵🇱 National Bank of Poland: 4.75% 🇨🇿 Czech National Bank: 4%Join us on this financial journey as we decode the global economic tapestry. #CentralBanks #GlobalEconomy #FinanceForecast 📊✨

Weekly #InterestRates decision recap:Unchanged:Reserve Bank of #Australia - 4.35%Narodowy Bank Polski - 5.75%Bank of #Mexico - 11.25%Decrease by 25 bpsCentral Reserve Bank of #Peru - 6.25%Decrease by 50 bps#czech National Bank - 6.25%https://lnkd.in/dEy7DC_n #interestrates #Centralbanks #centralbanking #wproconnect

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🥈The second session of the #ECB Money Markets Conference is ongoing, delving into central banks’ operational frameworks and reserve demand. Chair: Thomas Vlassopoulos European Central Bank Reserve Demand, Interest Rate Control, and Quantitative Tightening https://lnkd.in/esVHpPwGAnnette Vissing-Jorgensen Federal Reserve BoardDiscussant: Stefano Corradin ECB14:15Stop Believing in ReservesSriya Anbil Federal Reserve BoardDiscussant: Rafael Repullo, CEMFI First paper provides a framework for understanding reserve demand by banks while second paper shifts the focus to the demand for liquidity by non-banks as a binding constraint for the central bank balance sheet. Online participation: https://lnkd.in/e3-SrPDW #ECB #europeancentralbank #Eurosystem #ecbdgm #financialmarkets #moneymarket #centralbank #collateral #repo

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Russia’s banks have earned $40bn in profits this year, the best result in almost a decade#bne #bneEditorsPicks #EmergingMarkets #Russia #banksRussia’s banking sector put in another strong month in August, reporting profits of RUB353bn ($3.4bn), the best monthly result this year, with a return on equity of approximately 32% on an annual basis, the Central Bank of Russia (CBR) says in its latest sector update. (chart)“This represents an 8% increase compared to July, which saw a profit of RUB327bn. Since the beginning of the year, the sector has earned RUB2.4 trillion ($40.2bn), matching the result for the entire year in 2021,” the CBR said, as the Russian banking sector continues one of its strongest performing years since sanctions were first imposed in 2014. (chart)