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Banks
BoE rate futures to see first cut in August
Interest rate futures were fully factored in on Monday in an initial quarter-point interest rate reduction by the…
Egypt offers EGP 4b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) issued on Monday treasury bonds (T-Bonds) with fixed coupon in Egyptian pound worth…
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Asia expects 4.9% growth despite China’s slowdown – ADB
The Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region's economy in both…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
Egypt c. bank issues EGP 55b T-bills
The Central Bank of Egypt (CBE) on Sunday offered a total of 55 billion Egyptian pounds in two treasury bills…
S. Africa’s expected to cut rates – poll
South Africa's central bank is now expected to enact a mere 50 basis points of interest rate cuts this year, a…
Egypt’s reserve money ‘M Zero’ hits EGP 1.683t by March-end
Egypt’s reserve money (M Zero) reached 1.683 trillion Egyptian pounds at the end of March 2024, down from 1.689…