Browsing Category
Banks
Egypt’s c. bank to head African financial stability working group
The Assembly of Governors of the Association of African Central Banks (AACB) approved the Central Bank of Egypt…
Africa c. bank heads approve Egypt c. bank’s bid for financial stability
The Assembly of Governors of the Association of African Central Banks (AACB) approved a proposal by the Central…
Egypt’s economy to pick up to 4.2% in FY24-25 – Fitch Solutions
Egypt’s economic recovery continues, Fitch Solutions said in a recent research note, projecting the country’s…
Eurozone August business activity at fastest pace in 3 months amid ‘Olympic effect’ – PMI
The eurozone's business activity expanded at its strongest pace in three months during August, driven by a surge in…
S. Korea’s foreign reserves hit $415.9b in August ’24
South Korea's official foreign reserves stood at $415.9 billion as of the end of August 2024 compared to $413.5…
Egypt c.bank withdraws EGP1.210t in open market operation auction
The Central Bank of Egypt (CBE) withdrew 1.210 trillion Egyptian pounds from the market on Tuesday through an open…
Brazil’s GDP grows 1.4% in Q2
Brazil's economy exceeded expectations in the second quarter, driven by robust consumer spending and government…
India’s AU Small Finance eyes universal bank licence at home
India's AU Small Finance Bank has applied to the Reserve Bank of India (RBI) for a universal bank licence, the…
Chile’s c.bank seen restarting rate cuts as economy see-saws – poll
Chile's central bank is poised to resume its monetary easing cycle with a quarter-point interest rate cut on…
Lebanon’s ex-central bank governor Salameh arrested
Lebanon’s former central bank governor, Riad Salameh was arrested on Tuesday after a judicial hearing in Beirut, a…