09/28/2022
The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development Bank.
09/27/2022
In times of profound socio-economic change and unexpected challenges such as the ongoing energy crisis, rising inflation, and disruption in the global supply chain, Africa is at the core of this transformation.
09/27/2022
Mr. Gyasi believes banks must make efforts in sustaining the gains chalked so far.
09/26/2022
The policy decision aims at reducing inflationary pressures, while safeguarding economic activities.
09/23/2022
Most of which sits in retirement funds in part because of inadequate record keeping by intermediaries
09/23/2022
Through the partnership, the PFIs would provide a loan facility of about GH¢5 billion in the next three years, ranging from GH¢100,000 and GH¢500,000 to businesses under the programme.
09/23/2022
“The transaction has the “no objection” of the Central Bahk of Nigeria as well as the approvals of the National Pension Commission and the Federal Competition and Consumer Protection Commission”, the statement reads.
09/23/2022
Three members of the MPC committee preferred the announced increase, two members preferred a 100 basis points' increase.
09/22/2022
The funds would be used to meet the working capital requirement of businesses
09/21/2022
Furthermore, Njoroge noted that the country could only opt to adopt cryptocurrencies if they solve a particular problem.
09/21/2022
Stanbic Bank’s Home Loan solution, in partnership with Kenya Mortgage Refinance Company, has interest rates of up to 9.5%
09/20/2022
Under the new regulations, the lenders are barred from sharing borrowers’ information with third parties and they are also required to seek CBK approval for interest on their loans.
09/20/2022
These, among others, have disrupted economic activities, and it is expected to affect most risk assets.
09/19/2022
The document was published on Wednesday on the website of the Mozambican Ministry of Economy and Finance and accessed on Friday, 16 September by Lusa.
09/19/2022
Bank considers taking legal action to keep accounts closed, but says it will co-operate with continuing investigations
09/15/2022
These organisations will be able to use simple cross-border payment mechanisms in an attempt to boost financial inclusion.
09/15/2022
First Pension Custodian Limited, a subsidiary of First Bank Holdings Plc, had in May agreed with Access Bank Plc to purchase the latter’s entire share capital in its pension subsidiary, Access Pension Fund Custodian Limited.
09/14/2022
“We want to continue our commitment in playing a pivotal role in supporting the growth in our home loan division,” Van Graan said.
09/13/2022
And while it will raise transactional and compliance costs for the private sector, banks are not expected to lose their correspondent banking relationships in the event of greylisting, said the agency.
09/12/2022
Access’s senior counsel, Advocate Adrian Botha, claimed in his submissions that the account closures were merely a contractual agreement between the bank and the client.