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Banks
BoE’s weekly repo hits all-time high at £19b
The Bank of England (BoE) allocated a record £19.096 billion ($24.40 billion) in its weekly short-term repo…
World Bank forecasts Kenya’s GDP to decelerate to 5.0% in ’24
Kenya's real GDP rose to 5.6 per cent in 2023, surpassing 4.9 per cent in the previous year, fueled by agriculture…
China c. bank conducts 2b yuan of reverse repos
The People’s Bank of China (PBC) conducted two billion yuan of seven-day reverse repos at an interest rate of 1.8…
China’s Country Garden liquidation hearing adjourned again
Country Garden, the troubled Chinese property developer, got a temporary reprieve as the Hong Kong High Court…
Egypt’s CBE offers EGP 45b in T-bills
The Central Bank of Egypt (CBE) is offering 45 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
Bank of Canda cuts rates, leads G7 in easing policy
The Bank of Canada has on Wednesday cut interest rates by a quarter of a percentage point, making it the first…
Egypt’s Finance Ministry to release new export support package tomorrow
The Ministry of Finance announced the commencement of a new phase in its Export Support programme, aimed at…
China’s CITIC cuts banker pay at CLSA
China's CITIC Securities is slashing base salaries for over 100 bankers at its Hong Kong-based platform, CLSA.
S. Arabia enters BIS-led central bank digital currency trial
Saudi Arabia's participation in a significant BIS-led trial for central bank digital currency (CBDC) marks a…
China’s c. bank injects 2b yuan to maintain liquidity
China's central bank, the People's Bank of China (PBC), injected 2 billion yuan ($281.31 million) into the banking…
