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2 articles found for banking-sector:

Transforming Banking Operations: The Rise of Hyperautomation
Hyperautomation is significantly transforming the global banking sector through advanced technologies such as artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA). Major banks are leveraging hyperautomation to optimize operations, enhance efficiency, and introduce innovative services. Hyperautomation use cases in financial services range from customer onboarding and loan processing to AML compliance and personalized marketing. Successful implementations by top banks – such as Lloyds, Mashreq, and Axis – underscore hyperautomation's role in reshaping financial services, providing efficiency gains, and ensuring competitive adaptation in the digital landscape.
The Current Real Estate Turmoil in China
China’s real estate sector is in turmoil due to various factors, ranging from low investment to declining trade numbers. It has far-reaching implications and is threatening the country’s economic growth. Therefore, the government has undertaken certain policy measures to limit the damages. However, a more extensive plan is needed to deal with this issue effectively.

1 special reports found for banking-sector:

Saudi Banking Sector: Unlocking Vision 2030 Opportunities
Saudi Arabia's economic prospects remain robust, driven by the non-oil sector in alignment with the Vision 2030 initiatives. The Saudi banking sector is expected to play a pivotal role in achieving the Vision 2030 objectives. This sector displays resilience, characterized by a healthy outlook supported by factors such as a promising pipeline for future loan growth, substantial liquidity, sound asset quality, and strong capitalization. Saudi banks are well-positioned to weather upcoming interest rate volatilities when the US Fed starts cutting interest rates. We believe that during this significant monetary policy shift, the top three banks in KSA are ready to capitalize on their dominant market share in loans and deposits for future opportunities. Among these, SNB is poised to reap significant benefits, given its leading market position in loans and deposits, a well-balanced loan mix, and a robust domestic franchise.