Browsing Category
Banks
Egypt offers EGP 4b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) issued on Monday treasury bonds (T-Bonds) with fixed coupon in Egyptian pound worth…
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Asia expects 4.9% growth despite China’s slowdown – ADB
The Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region's economy in both…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
Egypt c. bank issues EGP 55b T-bills
The Central Bank of Egypt (CBE) on Sunday offered a total of 55 billion Egyptian pounds in two treasury bills…
S. Africa’s expected to cut rates – poll
South Africa's central bank is now expected to enact a mere 50 basis points of interest rate cuts this year, a…
Egypt’s reserve money ‘M Zero’ hits EGP 1.683t by March-end
Egypt’s reserve money (M Zero) reached 1.683 trillion Egyptian pounds at the end of March 2024, down from 1.689…
UBS Group gears up for fresh wave of job reductions
UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…