Browsing Category
Money
Global central banks can copy Canada as bubbles inflate
Global central banks, which fret about high asset prices, could take a page from the Bank of Canada which is…
Bank of England isn’t just any old central bank, as new book shows
It is a curious thing that while the Federal Reserve garners much hatred in the U.S., the same is not true of the…
Faisal Islamic Bank 9-month standalone profit ups to 1.14bn Egyptian pounds
Egypt’s Faisal Islamic Bank reported Thursday a standalone net profit after tax worth 1.14 billion Egyptian pounds…
QNB nine-month net profit rises 6%
Qatar National Bank (QNB, the Gulf's largest lender, has posted a net profit of QR10.3 billion ($2.75 billion) for…
Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…
IMF says global financial stability improved but mid-term risks ahead
The global economic recovery has strengthened financial stability but easy monetary and financial conditions…
Rising interest rates threaten frontier markets including Egypt: Moody’s
Egypt’s vulnerability to external shocks as global interest rates rise is quiet the highest, among other frontier…
No respite for Indian banks as bad loans reach record $146 bln
Indian banks' sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished…
IMF: Venezuela’s inflation rate may soar beyond 2,300% in 2018
Venezuela’s triple-digit annual inflation rate is set to soar to more than 2,300 percent in 2018, the highest…
BNP Paribas says to stop working with shale oil players and shift to renewable investments
BNP Paribas, France's biggest listed bank, announced Wednesday it would no longer work with oil and natural gas…