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Banks
S. Korea’s foreign currency deposits hit record in Sep. ’24
South Korea’s foreign currency deposits increased $3.66 billion in September 2024 to a new high of $104.07 billion.
Egypt’s c. bank offers EGP 2b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Tuesday the issuance of two billion Egyptian pounds worth of…
ECB may lower interest rate below ‘natural’ level – Simkus
The European Central Bank (ECB) is considering reducing its key interest rate to its “natural” level of 2 per cent…
Egypt’s CBE auctions EGP 12b fixed coupon T-bonds
The Central Bank of Egypt (CBE) is auctioning on Monday 12 billion Egyptian pounds worth of fixed coupon treasury…
Aussie c. bank observes unexpected employment growth
The Reserve Bank of Australia (RBA) has expressed surprise at the continued strength of the country's employment…
EIB, Deutsche Leasing boost green transformation for SMEs
The European Investment Bank (EIB) and Deutsche Leasing have launched the second tranche of their green project to…
China cuts benchmark lending rates for 3rd time in ’24
China's central bank cut its market-based benchmark lending rates on Monday, in an effort to stimulate economic…
Egypt approves financial support plan for tourism sector – CBE
The Egyptian Cabinet approved a financial support initiative for the tourism sector from the Ministry of Finance to…
UBS adjusts sustainable product terminology
UBS Group AG is advising its bankers to reconsider how they publicly discuss certain sustainable products,…
EIB invests €20m in Italy’s graphene plant
The European Investment Bank (EIB) is providing €20 million in venture debt financing to Italian materials…
