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Banks
China’s banks maintain stable credit quality in Q1 ’24
China's commercial banks maintained stable credit asset quality in the first quarter of 2024, with the…
Egypt’s CBE offers EGP 50b in T-bills
The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
Global banks target carbon emissions in real estate loans
Loans to commercial real estate at major banks face new tests due to carbon emissions and green regulations, as…
South Africa keeps rates unchanged after unpredictable vote
South Africa’s central bank, South African Reserve Bank (SARB) left borrowing costs unchanged, delivering the…
US inflation to ease in H2; says New York Fed’s Williams
New York Fed president John Williams said on Thursday that he expects US inflation to start cooling down again in…
Israel’s c.bank chief: IDF shouldn’t get ‘blank check’
Bank of Israel Governor Amir Yaron on Thursday reiterated his call for the establishment of a committee to probe…
US economy expands at slower pace in Q1
The US economy expanded at a slower pace in Q1 due to downward adjustments in consumer spending.
BOE cash demand hits record high
UK banks continued their unprecedented pursuit of cash from the Bank of England (BOE), replenishing liquidity being…
EGP averages 47.3 against USD on Thursday close
The US dollar (USD) slightly weakened against the Egyptian pound (EGP) at the end of trading on Thursday, according…
ABK-Egypt named MEED’s Best Retail Bank in Egypt
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) has been named the Best Retail Bank in Egypt at the MENA Banking…