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Banks
S. Korea’s foreign debt falls by $9.2b in Q2
The Bank of Korea (BOK) reported that foreign debt decreased by $9.2 billion to $658.3 billion in the April-June…
Egypt economy: Investment portfolio inflows hit $14.6b in 1st 9m of FY 23-24
Egypt’s investment portfolio rose to a $ 14.6 billion net inflow compared to $ 3.4 billion in the same period last…
Thailand keeps key interest rate at 2.50%
The Bank of Thailand (BoT) opted to maintain its key interest rate at 2.50 per cent on Wednesday.
Bank of Russia sells yuan worth 7.3b roubles
The Bank of Russia sold yuan on the domestic market with settlements on August 20, 2024, amounting to 7.3 billion…
Egypt economy: FDI hits $23.7b net inflow in 1st 9m of FY 23-24
Egypt’s Foreign Direct Investments (FDI) in the first nine months of the 2023/24 fiscal year registered a net…
World Bank raises €2.5b euro bond, 1st for FY25
The World Bank, represented in the International Bank for Reconstruction and Development (IBRD), has successfully…
Egypt economy: Trade deficit widens by 22.3% in July-March of FY 23/24
Egypt’s trade deficit expanded by 22.3 per cent to $28.8 billion in the July-March of the 2023/2024 fiscal year.
Fitch Ratings: Kuwait banks benefit from surge in M&A
Kuwaiti banks are gaining from a rise in mergers and acquisitions (M&A), which Fitch Ratings views as a…
Switzerland launches instant payments
Switzerland introduced instant payments on August 20, 2024, with around 60 financial institutions now able to…
Egypt economy: External debt falls by 2.5% in July-March of FY 23/24
Egypt's external debt decreased by approximately $4.1 billion, or 2.5 per cent, to $160.6 billion in the July-March…
