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Banks
URGENT: BOE holds rate at 4.75%
The Monetary Policy Committee (MPC) of Bank of England (BOE) decided on Thursday to keep the interest rate…
Egypt eases banking access for expats with new initiative
Egypt’s Ministries of Foreign Affairs, the Ministry of Immigration, and the Central Bank of Egypt (CBE) announced a…
H. Kong adjusts base rate in line with US Fed cut
The Hong Kong Monetary Authority (HKMA) announced a reduction in the Base Rate to 4.75 per cent, effective…
Norway holds key rate unchanged at 4.5%
Norges Bank decided on Thursday to maintain the key policy rate at 4.5 per cent during its 18 December meeting,…
HSBC to lower prime lending rate in H. Kong
HSBC Holdings announced on Thursday that it will reduce its prime lending rate in Hong Kong by 12.5 basis points to…
Standard Chartered Bank gets custodian membership on EGX
The Egyptian Exchange (EGX) officially approved on Thursday the registration of Standard Chartered Bank as a…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) has decreased its repo rate for local banks by 25 basis points to 5.00 per cent,…
Egypt’s c. bank issues EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in…
EBRD boosts Ukrainian railways with €480m loans
The European Bank for Reconstruction and Development (EBRD) is providing substantial financial support to Ukrainian…
China’s PBC issues 80.6b yuan off reverse repo
People’s Bank of China (PBC) announced on Thursday a seven-day 80.6 billion-yuan reverse repo at an interest rate…