11/26/2015
Bank urges countries to budget carefully
Africa’s foreign currency bond issues between 2000 and 2014 totalled $20.5bn, with $7.4bn of that raised last year alone, Akinwumi Adesina, who took over as president of the AfDB in September
11/26/2015
South Africa Mulls Allowing Covered Bonds Within Three Years
The securities would have priority for payment over senior unsecured debt, which South African banks use to raise most of their liquid regulatory capital.
11/23/2015
An alarming figure of nearly one million debit order disputes are lodged every month as fraudsters increasingly gain access to the bank accounts of unsuspecting customers.
11/20/2015
With a number of Nigerian banks having postponed moves to raise fresh funds, the central bank said it was monitoring the three lenders' recapitalisation plans
11/18/2015
Central Bank of Kenya has come under severe criticism following the collapse of two banks this year.
11/18/2015
The Financial Services Board will change into the Financial Sector Conduct Authority and will act as a dedicated market conduct regulator.
11/18/2015
The regulator said the decision will not apply “to resolution, amalgamation and acquisition of banks.”
11/17/2015
The bank has no source of the currency lined up after the end of the month, the person said. Fabio Correira, marketing and communications manager at BAI, wasn’t available when called for comment Tuesday.
11/16/2015
The central bank has said Imperial is still viable and shareholders were considering a proposal to inject capital to reopen it.
11/15/2015
When the CBN later shut the window and in its place guaranteed interbank placements, the same numbers of banks were the main net-takers under the guarantee arrangements.
11/13/2015
Sall also blamed "bad governance and corruption" in parts of Africa for exacerbating the poverty
11/12/2015
Unlike interest-paying conventional bond issue
11/12/2015
Governments and campaign groups are concerned about company ownership transparency because webs of companies in secretive locations are important vehicles for money laundering.
11/12/2015
The financial system in East Africa's biggest economy was rattled last month after the central bank put Imperial, a mid-sized lender, under management, due to fraud.
11/09/2015
A ruling issued by the Pension Funds Adjudicator this week contains this lesson
11/09/2015
This will not only promote stability of the financial system, but also help the Central Bank to discharge its core mandate of maintaining price stability
11/09/2015
In response to recent developments in the financial sector, the Central Bank of Kenya board chairman, Mr Mohamed Nyaoga, is promising a tough supervisory regime in the country's financial sector.
11/08/2015
The creation of an alternative securities exchange market (ASEM), hitherto called Second-tier market on the NSE shows that the market is receptive to dynamic use of the capital market for SMEs funding.
11/05/2015
The conference is important as it features high level discussions covering themes that are relevant to our capital markets and opportunities to network with leading industry players from across the continent
11/04/2015
It had asked the central bank to take disciplinary action against Stanbic's management.