banks

In this digital age, central banks are actively investigating the possibility of establishing their own digital currencies. Central banks acknowledge the need to adapt to the shifting financial landscape as technology improves and…

Economy The head of the Central Bank of Kuwait who tamed rogue banks but lost his battle to save the shilling Monday, June 12, 2023 Outgoing Governor of the Central Bank of Kenya Patrick Njoroge. file image | NMG Patrick…

Data Center Foreign investors snapped up 5 local microfinance banks Tuesday, May 30, 2023 Smep branch in Nairobi. file image | Swimming pool Loss-making microfinance banks (MFBs) have given foreign investors who want to tap…

© Reuters. FILE PHOTO: A Russian state flag flies above the headquarters of the Central Bank in Moscow on March 29, 2021. A sign reads "Bank of Russia." Photograph: Maxim Shemetov/Reuters Written by Elena Fabrichnaya and Alexandre…

With banks announcing record profits, the Israel Competition Authority asked banks to provide details about interest rates paid on deposit accounts. After the Bank…

Saxo Bank, a global financial services provider, announced that it has raised more than $100 billion in assets. This development marks a significant milestone in the bank's history, indicative of customer deposits and growth in numbers.…

The Financial Conduct Authority (FCA) has ordered banks and lenders to support financially distressed borrowers in repaying their mortgages and loans. Thursday's decision came as many Britons were affected by the interest rate hike. The…

Markets and finance Banks lowered mortgage terms for a year, raising interest on default Tuesday, May 23, 2023 Kenyan banks on average cut mortgage terms by more than a year to 10.9 years, but increased interest rates. file…

breadcrumb links PMN Business Article author: Posted May 19, 2023 • 2 minutes to read Article content LONDON - The head of the Bank for International Settlements has warned that the credibility and…

Five things you need to know before the market opens on Friday, May 19:1. - The S&P 500 index continues to rise as global equities catch up with the US tailwindUS stock futures extended gains on Friday, following the highest close of…