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New AI Models Spark Cybersecurity Fears and Debate
TechnologyBBCcbc3h ago2 sources

New AI Models Spark Cybersecurity Fears and Debate

The emergence of new AI models, including those with potential hacking capabilities, has sparked significant concerns among cybersecurity experts and the banking sector. While some officials suggest these tools could be a 'net positive,' others fear their misuse.

Alpha Bank Honored at Euromoney Private Banking Awards
Financecyprus-mail21d ago

Alpha Bank Honored at Euromoney Private Banking Awards

Alpha Bank received two leading distinctions at the internationally recognized Euromoney Private Banking Awards, reaffirming its strong position in Greece's private banking sector by securing the 'Best Private Bank – Greece' award for the eighth consecutive year.

Financeekathimerini1mo ago

Plan to Tap €10 Trillion in EU Banks

A new plan is being discussed to access €10 trillion held within European Union banks, indicating potential new financial strategies or regulations for the bloc's banking sector.

Financepublico1mo ago

Portuguese Bankers Defend Against Cartel Accusations in Parliament

Bank officials in Portugal are defending themselves in Parliament against accusations of forming a cartel, with political parties united in their censure. The banking sector denies flooding courts with appeals but acknowledges that previously detected practices are now prohibited.

Financebloombergstraits-times4d ago2 sources

OCBC Emerges as Lead Bidder for HSBC Indonesia Assets

OCBC is reportedly the leading bidder in the acquisition process for HSBC's assets in Indonesia, according to sources. This potential deal signifies a significant move in the regional banking sector.

Slovenian Banks Neglect Digital Service Accessibility
Technologydelo25d ago

Slovenian Banks Neglect Digital Service Accessibility

Digital service accessibility in Slovenia is a neglected area, with many banks treating it as secondary or merely a legal obligation. This highlights a significant gap in customer-centric digital offerings within the Slovenian banking sector.

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor
Businessmyjoyonline1mo ago

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama, has described Ghana’s banking sector as sound, profitable, and well-capitalized, even as credit growth to households and businesses remains subdued. Speaking at the opening of the 129th Monetary Policy Committee (MPC) meeting, Dr Asiama highlighted that the banking sector’s health is crucial for the effectiveness […]

Cyprus banks warn against expanding basic account access to small firms
Businesscyprus-mail1mo ago

Cyprus banks warn against expanding basic account access to small firms

The Association of Cyprus Banks has expressed strong disagreement with proposed legislative amendments affecting payment account access, warning that the changes could create legal, practical and competitive problems for the banking sector. In a detailed note signed by senior director Michalis Kronides, the association said it disagrees with amendments concerning the comparability of fees, the […]

A rare policy alignment for exports
Finance1mo ago

A rare policy alignment for exports

The coordinated intervention by the country’s monetary authorities and the banking sector to reduce export financing costs — without imposing any fiscal burden on the government — represents a rare…

Stanbic Bank Ghana leads US$20m financing for Engineers & Planners:
Businessmyjoyonline1mo ago

Stanbic Bank Ghana leads US$20m financing for Engineers & Planners:

The five-year facilities, structured in two tranches (US$110 million and US$95 million), will support E&P’s ongoing contract mining operations, particularly its long-term engagement with Gold Fields Ghana Limited (Gold Fields Ghana). Ecobank Ghana PLC and Absa Bank Ghana LTD participated as key lending partners, underscoring strong collaboration within Ghana’s banking sector to mobilise capital at scale.

Greek Stock Market Closes Down 0.63%
Financeiefimerida5d ago

Greek Stock Market Closes Down 0.63%

The Greek stock market closed with a 0.63% fall in today's session, with share prices declining despite an initial upward movement, primarily due to liquidations in the banking sector.

Businessmyjoyonline19d ago

Deloitte Report Highlights High NPL Ratio in Ghana's Banking Sector

A Deloitte report indicates that Ghana's banking sector continues to face a high Non-Performing Loan (NPL) ratio of 18.7%, despite improvements in asset quality. The report warns of potential resurgence in inflationary pressures due to rising crude oil prices and geopolitical tensions.

Rethinking Complaint Handling in UK Banking
BusinessYahoo21d ago

Rethinking Complaint Handling in UK Banking

The UK banking sector is undergoing a shift in its approach to complaint handling, moving from a volume-based model to one that prioritizes value, aiming for more effective and meaningful resolution processes.

Greek banks draw strong investor interest entering 2026
Businesscyprus-mail1mo ago

Greek banks draw strong investor interest entering 2026

International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows meetings with major lenders including Eurobank, Alpha Bank, National Bank of Greece, Piraeus Bank and the Bank of Cyprus. According to Greek business outlet Newmoney, the above assessment was […]

SBP launches ‘Cyber Shield’ strategy
FinanceDawn2mo ago

SBP launches ‘Cyber Shield’ strategy

KARACHI: The State Bank of Pakistan (SBP) has launched ‘Cyber Shield’, a comprehensive cyber resilience strategy, to counter growing global and domestic cyber threats to the financial ecosystem, aligning with international best practices. As part of its Vision 2028 agenda, the SBP launched Cyber Shield, a major initiative aimed at strengthening the safety and robustness of the country’s banking and financial system. The banks have been facing increasing incidents of cyber crimes, while the international organisations believe that every second Pakistani is facing the cybersecurity problem. With the rapid digitisation and very high growth of online payments, cyber threats have also increased. Bankers said the situation is not alarming, but there is a need to implement quick remedies to control it, which would help strengthen the banking system in Pakistan. Outlines key priorities to counter growing threats by 2030 “The milestones laid down in the strategy will be implemented in a phased manner by 2030. All regulated entities are required to align their internal cybersecurity programs with the strategy to ensure compliance,” said the SBP. The central bank said the strategy has been designed to better protect banks and financial institutions from cyber threats, thus ensuring that people and businesses can continue to access financial services safely. The SBP said it set out a clear roadmap to help financial institutions strengthen their systems and controls, prevent cyber incidents, respond quickly when cyber threats materialise, and recover effectively from them. “As the banking ecosystem faces increasingly sophisticated cyber threats, the strategy aims to enhance cyber defences of the regulated entities through a holistic, forward-looking and collaborative approach,” said the SBP. Bankers said cybersecurity experts are not available to meet the growing demand in financial institutions, as many young Pakistani experts prefer jobs abroad with higher pay. There is no attractive policy to retain cybersecurity experts in the country. The SBP said the Cyber Shield focuses on five key priorities: strengthening the ability of banks to withstand cyber incidents, improving governance and accountability for cybersecurity, encouraging cooperation and information-sharing across the financial sector, building skilled cyber talent, and continuously updating security practices to keep pace with new risks. “The SBP will closely monitor both global and domestic cyber developments and will update the strategy as needed to address emerging threats,” said the SBP. By strengthening cyber resilience across the banking sector, SBP aims to safeguard customers, support digital innovation in a secure environment and ensure financial stability, it added. About 90 per cent of bankers believe that cybercrime is the biggest challenge confronting the banking industry in the country, according to a previous survey conducted by PricewaterhouseCoopers (PwC) Pakistan. Seventy per cent list fraud as their major concern, and 60 per cent believe terrorism financing is the biggest threat, the survey showed. “Banks in Pakistan operate within an evolving financial crime compliance ecosystem,” said the survey report. Published in Dawn, February 17th, 2026