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Banks
China’s c. bank offers 431b yuan off reverse repos
People’s Bank of China (PBC) announced on Wednesday a seven-day 431 billion-yuan reverse repo at an interest rate…
Egyptian banking sector support underprivileged communities in Alexandria – CBE
The Central Bank of Egypt (CBE) and the broader banking sector have joined forces with the Tahya Misr Fund to…
ADB approves loan for road project in Kazakhstan
The Asian Development Bank (ADB) approved a $291.49 million local currency loan for the reconstruction of 208…
India’s gold reserves surge in Q2 ’24
India's central bank increased its gold reserves in the second quarter of 2024 to 854.73 metric tons, up from…
EIB approves €300m loan for hydroelectric plant
The European Investment Bank (EIB) has approved a €300 million loan for the construction of the Salto de Chira…
Egypt c.bank withdraws EGP 1.133t via open market operation auction
The Central Bank of Egypt (CBE) conducted an open market operation on Tuesday, withdrawing a substantial 1.133…
Nepal sign $150m World Bank emergency financing agreement
Nepal and the World Bank (WB) signed a $150 million (NPR 20 billion) financing agreement on October 23 for…
China’s PBC auctions 382.8b yuan off reverse repos
People’s Bank of China (PBC) announced on Tuesday a seven-day 382.8 billion-yuan reverse repo at an interest rate…
Vietnam to cut interest rates 0.7% in ’25
Vietnam is poised to continue its accommodative monetary policy in 2025, with interest rates projected to decrease…
ADB issues 1st biodiversity bond
The Asian Development Bank (ADB) issued its first biodiversity and nature-themed bond, securing A$150 million…