English
Is non-state money possible?
Jan DaraszThe state or a company: who should mint and print money? Can private enterprise print and administer monetary systems, as they used to do ages ago?
Latvia’s AML scandals pushes the country away from Russia
Filip BrokešThis year Latvian tax authorities are investigating 131 money laundering cases. Recently, the European Central Bank has decided to increase its supervision of European banks at high risk of money laundering, including...
Cryptocurrencies will not replace traditional money
Milena KabzaFor the first time, the Bank for International Settlements in its annual report has devoted a special chapter to cryptocurrencies. The BIS indicates that cryptocurrency technology cannot become a substitute for the existing...
In search of the optimum level of competition in the banking sector
Małgorzata PawłowskaThere are many structural and regulatory changes going on in the banking sector worldwide, including in Poland. The level of competition may decrease after the planned mergers are finalized.
Lithuania looks forward to cooperate with China in fintech sector
Jo HarperLithuania plans to take a leading role in enhancing cooperation between China and Central and Southeast Europe (CSE) in the fintech sector.
The ever growing Sberbank
Filip BrokešRussia’s largest financial institution, the state-owned Sberbank continues to increase its profits by a rapid pace despite the numerous obstacles many Russian banks have been facing.
Baltic banks hit strong headwinds
Jo HarperSwedbank, the largest bank in the Baltic region, said it won't be drawn into the money laundering scandals that have affected some of its neighbors in the Baltics.
Financial sector in race for the artificial intelligence
Magdalena KrukowskaCutting edge technology is revolutionizing the rules the financial sector has operated under so far. The institutions that will only evolve instead of undergoing a revolution could disappear from the market.
The Polish capital market is maturing slowly
Jacek RamotowskiThe decision of the FTSE Russell agency to reclassify Poland as a developed market strengthens the Warsaw Stock Exchange, although this does not mean that it will be beneficial for the individual companies.
The banks have a problem with determining the price of money
Jacek RamotowskiA European Central Bank representative claims that banks are not doing enough to replace the currently quoted market rates, such as EURIBOR or EONIA, with more reliable benchmarks.