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BIS Announces Pablo Hernández de Cos as Next General Manager

Pablo Hernández de Cos, the former Governor of the Bank of Spain, will take over from Agustín Carstens starting 1 July 2025. The Bank for International Settlements (BIS) has announced the appointment of Pablo Hernández de Cos as its next General Manager, effective from 1 July 2025 for a five-year term. Hernández de Cos, Governor […]

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Bangladesh Bank Increases Green Lending Targets to Support SDGs

From 2025, banks will be required to allocate 40% of their net outstanding loans to green and sustainable ventures. Bangladesh Bank has revised the lending targets for green and sustainable ventures as part of the country’s efforts to achieve the UN’s Sustainable Development Goals (SDGs) by 2030. In a circular, the central bank stipulated that

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