United Bank for Africa plans to operate in Saudi Arabia: Chairman Tony Elumelu
United Bank for Africa Group Chairman Tony Elumelu pointed out that the...
Category Banking and Finance
Saudi Arabia becomes part of China’s trial of yuan digital currency payments
As the digital yuan is having issues at home, a new trial...
GCC banks to see earnings hit by lower interest rates, says Fitch report
Kuwait would have the highest average NIM sensitivity to a 100bp rate...
JPMorgan gets Kenya entry nod as US banking giant eyes Africa expansion
International markets have emerged as a key growth area for JPMorgan, which...
GBO
Magazine
Aseer’s growth engine accelerates
European Central Bank policymakers press case for October interest rate cut
The European Central Bank's deposit rate is now expected to drop to...
Citi joins hands with Apollo & Mubadala for USD 25 billion private credit program
Together with LuminArx Capital, an alternative investment manager, Citi introduced a new...
Ghana central bank slashes key rate as inflation outlook
According to Reuters polled economists in July 2024, Ghana's interest rate would...
Kenya close to borrowing USD 1.5 billion from Abu Dhabi
It is predicted that the ratio will only slightly decrease to 65.6%...
Gulf central banks slash interest rates following US Federal Reserve’s lead
After hiking it 11 times in 16 months and then holding it...
Investors’ eyes on Egypt as nation prepares to sell government stakes in banks
The deal value is expected to be much less than the USD...