Two collapsed Kenyan banks up for wind-up, liquidation activities
When bank failures in Kenya reached an all-time high, all nine of...
Category Banking and Finance
ING Bank aims for 4%-5% growth by 2027 despite rising costs
ING has stated that it will prioritize local scale in retail banking...
UAE banking sector sees USD 3.76 billion in new savings deposits in Q1 2024
At the end of March 2024, savings deposits in the banking sector...
Italian banks must quit Russia, says key ECB policymaker
The activity of Western banks in Russia and their progress on exit...
GBO
Magazine
Aseer’s growth engine accelerates
Fed unlikely to cut rates in 2024: Goldman Sachs
Goldman Sachs CEO David Solomon said that given the region's more sluggish...
Central Bank of Nigeria officially withdraws cybersecurity levy
The Central Bank Of Nigeria mandated that all banks, mobile money providers,...
MENA Watch: IPOs kick off Q1 2024 with strong momentum
The UAE has one announced IPO, whereas the KSA has 21 announced...
Saudi banks’ money supply surges 8% in March 2024
As per S&P Global, mortgage financing accounted for 23.5% of Saudi banks’...
SoftBank’s quarterly turnaround: Profits surge as focus shifts to Arm unit
Investors are increasingly interested in the prospects of Arm Holdings, SoftBank's subsidiary...
Federal Reserve survey finds weaker loan demand, growing adoption of instant payment services
Along with the possible weakening in the loan demand, the Federal Reserve...