01/09/2023
Al-Turki indicated that after the bank obtained this achievement, it proves that the bank is committed to a high-quality banking environment and brilliance at the local and international levels.
01/06/2023
The statement said the BOG reserved the right to delist any authorised FX broker for non-performance or non-compliance with FX Act and the Interbank FX Market Conduct rules.
01/06/2023
In June it was forced to cancel the planned issuance of a Eurobond and is seeking alternative sources of funding.
01/06/2023
The SARB tries to keep inflationary levels stable between 3%-6%.
01/05/2023
Evidence presented to the court was that the lender advertised a number of motor vehicles and trailers it had repossessed from defaulting customers in December 2019.
01/04/2023
The waiver, largely intended to encourage cashless transactions in the face of the pandemic, did produce some results.
01/04/2023
These provisions were made for the 2023 general elections and the transition programme.
01/03/2023
Move aims to curb high inflation, which reached 9.8 per cent in November
12/30/2022
As the former deVere business – now Brite Advisors – loses its financial services provider licence and is handed ZAR 10m penalty
12/28/2022
The package is expected to help Bank One increase its capacity to provide trade finance needs to Small-and Medium–sized Enterprises (SMEs) and local corporates in Mauritius and across the continent.
12/27/2022
The report also noted that 11,871 BVNs have been watch-listed as deceased persons this year.
12/27/2022
The LC debt exchange, launched on 5 December, comes alongside Ghana’s efforts to secure IMF support. Fitch views it as a distressed debt exchange and downgraded Ghana’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘C’ fr
12/27/2022
Afreximbank, or the African Export-Import Bank, aims to “finance and promote intra-and extra-African trade.”
12/23/2022
According to the CBN, any withdrawal above the set limits must be approved by the Managing Director of the bank in writing.
12/23/2022
Insurance sales scams refer to a customer applying for a loan and are requested to make a deposit into the scammer’s bank account.
12/23/2022
For its part, the Board of Executive Directors, led by the Bank's President, Akinwumi Adesina, took seriously the looming threat of food and social crises in African countries in the wake of Russia's war in Ukraine.
12/22/2022
Building an intricate anti-fraud culture is paramount to the growth of pan-African banking.
12/22/2022
The proposed amendments to the Proceeds of Crime and Anti-Money Laundering Act and Regulations are aimed at preventing the laundering of illicit proceeds from corruption.
12/21/2022
“This project will allow Algeria to benefit from the experience of Germany, whose industry is at the forefront in the field of new and renewable energies,”
12/21/2022
Another Sh9.45 billion was allocated for road construction and Sh6 billion for the purchase of a 60 per cent stake in Telkom Kenya, turning the operator into a parastatal.