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Banks
Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
Moody’s reveres outlook of 5 Egyptian banks’ to positive
Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
Investors remain wary of increasing holdings in Japanese bank stocks
Global investors, including Nomura Asset Management Co. and JPMorgan Asset Management, are wary of increasing their…
Thailand intensifies efforts to tackle household debt
The Bank of Thailand (BOT) is implementing additional measures to facilitate debt restructuring, targeting a…
CBE enhances payment system supervision
The Central Bank of Egypt (CBE) issued on Wednesday an update to the supervisory framework for payment systems and…
EU prepares €7.4b aid package for Egypt
The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
ECB eyes spring rate cuts, inflation defeat in sight
The European Central Bank (ECB) is likely to commence cutting rates in the spring, specifically between April and…
Taiwan’s c. bank expects CPI to rise less than 2%
Taiwan's central bank expects CPI to rise less than two per cent this year and plans to gradually tighten policy to…
Goldman plans to expand credit portfolio to $300b
Goldman Sachs Asset Management, a unit of Goldman Sachs Group, plans to grow its private credit portfolio to $300…
US dollar falls below EGP 49 on Tuesday
The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
