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Banks
China’s c. bank infuses 771b yuan into banking system
The People's Bank of China (PBC) injected a total of 771 billion yuan into the banking system on Monday.
Bpifrance’s role in European finance solidified with €50b in loans
Bpifrance, France’s state-owned merchant bank, has established itself as a key player in European finance,…
WB: Vietnam’s economy forecast to grow 6.1% in ’24
Vietnam's economy is expected to pick up pace in 2024, driven by a revival in exports, tourism, consumption, and…
Egypt banks: Provisions rise by EGP 117b in Dec ’23-Apr ’24
Egyptian banks' provisions increased from 346.922 billion Egyptian pound at the end of 2023 to 463.829 billion…
Egypt banks: Free accounts starting Sep. 1st
Egypt’s local banks are preparing to provide free bank accounts with no minimum balance requirement from September…
Turkish Isbank expects interest rate cuts in Nov.
Turkey's largest private bank, Isbank, foresees continued challenges in the banking sector until 2025 due to the…
URGENT: Bank of China President Liu Jin resigns
Bank of China (BOC) announced on Sunday that Vice Chairman and President Liu Jin has resigned for personal reasons.
Egypt’s CBE offers EGP 60b in T-bills
The Central Bank of Egypt (CBE) is offering 60 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
CI revises Egypt’s outlook to stable amid reform progress
Capital Intelligence Ratings (CI Ratings) has revised in a recent report the outlook on Egypt's Long-Term Foreign…
EGP stable against USD at Sunday early trade
The Egyptian Pound (EGP) opened on Sunday, August 25, 2024, maintaining similar rates to Thursday's closing against…
