Turkish banks face margin squeeze amid tightening policy – Fitch
Turkish banks continued to face pressure on their margins in the second quarter of 2024, driven by stringent…
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Banking Sector
Russian banking sector profits surge 42% in August ’24
The Russian banking sector's profits experienced a significant surge in August 2024, increasing by 42 per cent…
Asian business activity remains broad-based in July – PMI
The Asia Pacific region saw widespread economic growth in July across 15 out of 18 sectors.
STOXX 600 inches Up, tech wins over banking woes
European stock markets experienced a varied day of trading on Wednesday, with the STOXX 600 index seeing a modest…
CIB leads banking sector gains in EGX Sunday trading
In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
JPMorgan chooses France’s CB over Visa, Mastercard
JPMorgan Chase & Co. announced on Tuesday its partnership with France’s primary payment network, Cartes…
Deutsche Bank acquires UK broker Numis
Deutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank…
Banque du Caire launches central security unit
Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
CBE eases banking access for illiterate, elderly
The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
