• March 17, 2022

    Five Digital Shifts Impacting KSA Banks

    Banks have been adopting digitalization at a faster pace driven by the covid-19 pandemic situation that entailed surge in contactless transactions. There is an increase in number of fintechs in the recent past and new neo banks are emerging across the globe. Almost 53 per cent of the global population is expected to access digital banking by 2026, according to Juniper Research. In 2018, the Middle East received less than 1% of worldwide FinTech funding, but it is growing at...

  • February 16, 2022

    Excel Model to assess interest rate impact on Saudi Banks

    U.S. consumer prices rose solidly in January 2022 (7.5%, YoY), leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a hefty 50 basis points interest rate hike from the Federal Reserve next month, which would be first since 2018. There are concerns that the US central bank would be more aggressive in its intensity of rate hikes and Goldman Sachs expects the Federal Reserve would be raising interest rates seven times this year...