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By Ivaylo MARKOV, Managing Partner of Thales Capital
Fragile and unstable» - this is the global environment in which banks will have to operate in 2023, according to the recent forecast of Deloitte. The report recommends that financial institutions review their core products, services and industries to look for new sources of value. Do they have any other choice? not really, to be entirely transparent. The storm those institutions are suffering from, would be the trigger for 3.0 and 4.0 faces they will present to the world.
"Despite the fact that most banks are in a stable position, Russia's invasion of Ukraine, the ongoing turmoil in the supply chain and in the e?npe?ty, persistent inflation and monetary tightening will be felt unevenly...
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