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Banks
Philippines posts $1.38b net foreign investment inflow in July
The Philippines received a net inflow of $1.38 billion in foreign investments, as reported by the central bank.
Philippines’ bank loans grow by 10.4% in July – report
Philippine universal and commercial banks (U/KB) saw a 10.4 per cent year-on-year growth in their loan portfolios…
Egypt’s CBE auctions EGP 60b in T-bills
The Central Bank of Egypt (CBE) is offering 60 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
Egypt’s CBE reforms target financial inclusion of marginalised groups
Central Bank of Egypt (CBE) has embarked on ambitious reforms to include marginalised groups in the formal economy…
IMF disburses $258m to Jamaica
The International Monetary Fund (IMF) has disbursed SDR191.45 million ($258 million) to Jamaica under the…
WB launches $415m education scheme for Ukraine
The World Bank has announced a $415 million education program aimed at improving primary and secondary education in…
US consumer spending figures discourage large Fed rate cut
US personal consumption expenditures (PCE) increased by $103.8 billion (0.5 per cent), challenging the notion of a…
S. Korean bank lending rates continue to fall
South Korean banks' lending rates continued to fall in July for the second time in a row.
S. Korea, Indonesia launch local currency framework
Bank Indonesia (BI), the Bank of Korea (BOK), and the Ministry of Economy and Finance (MOEF) have introduced a new…
S. Korea’s interest rates fall to 3.41% in July – BOK
South Korea's average interest rate on new deposits stood at 3.41 per cent in July 2024, marking a decrease of 10…
