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Banks
Egypt’s banks off on Sunday for national holiday
The Egyptian banks will be closed on Sunday, June 30, 2024, in observance of the 30th of June Revolution…
China pumps $701.56m via central bank bills swap
The People's Bank of China (PBC) announced a three-month central bank bills swap (CBS) operation worth 5 billion…
China’s c. bank adds $14.03b liquidity via reverse repos
China’s central bank injected 100 billion yuan ($14.03 billion) into the banking system through seven-day reverse…
EGP down against USD in early Thursday trade
The Egyptian Pound (EGP) depreciated against the US Dollar (USD) as trading began on Thursday, June 27, 2024.
Egypt’s CBE offers EGP 75b in T-bills
The Central Bank of Egypt (CBE) is offering 75 billion Egyptian pounds in treasury bills (T-bills) on Wednesday.
China’s PBC adds $35.21b liquidity via reverse repos
The People’s Bank of China (PBC) injected $35.21 billion into the banking system through seven-day reverse repos at…
S. Korea’s c. bank warns of renewed won weakness
The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
UBS expands ME wealth management team with 10 hires
UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
China’s c. bank injects 300b yuan to maintain liquidity
The People's Bank of China injected 300 billion yuan into the banking system through seven-day reverse repos at an…
Kuwait’s KSCP mulls buying stake in Saudi Investment Bank
Kuwait Finance House KSCP is considering purchasing a significant stake in Saudi Investment Bank as deal activity…