PRESS RELEASE 23 January 2020 The Governing Council of the European Central Bank (ECB) today launched a review of its monetary policy strategy. The monetary policy strategy was adopted in 1998 and some of its elements were clarified in 2003.
SPEECH Davos, 23 January 2020 This year marks the 70th anniversary of the Schuman declaration, which first put forward the idea of a single authority to govern the production of coal and steel in Europe.
PRESS RELEASE 24 January 2020 Some 308,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2019, an increase of 22.7% when compared with the first half of 2019 and 17.6% more than in the second half of 2018. The likelihood of receiving a counterfeit is very small indeed as the number…
PRESS RELEASE 21 January 2020 Credit standards – i.e. banks’ internal guidelines or loan approval criteria – remained broadly unchanged for both loans to enterprises and loans to households for house purchase in the fourth quarter of 2019, according to the January 2020 bank lending survey (BLS), in line with expectations expressed in the previous…
PRESS RELEASE 21 January 2020 The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential cases for central bank digital currency (CBDC)…
Restoring in-branch retail systems in some Travelex and partner stores in the UK and testing some systems outside the UK this week The automated order placement service used by a number of our UK high street banking partners is now live Good prog...
Accounts of the Governing Council of the European Central Bank (ECB) highlight a returning sense of positivity in the sector
US regulator the Securities and Exchange Commission has appointed Austin Gerig as its new Chief Data Officer, as part of a strategy to increase the use of analytics in enforcement, examinations, and policymaking
The character of every community is shaped by two choices we make: how we organise ourselves internally and how we relate to others externally.
Ongoing communication with partners about the resumption of services, with recovery roadmap to be issued this week Business has continued to trade throughout January - in-store services and ATMs available Reiterates no evidence of loss of custom...