10/15/2020
Large banks’ (tier one) had a loan book of Sh2.332 trillion by end of June, equivalent to 80 percent of the entire banking sector’s loan book—meaning they effectively control the formal credit market.
10/12/2020
Union Bank also explained that the facility will enable the continued flow of trade credit into the Nigerian market at a time when imports are critical, and the country’s exports can generate a much needed foreign exchange.
10/08/2020
For investors, lower profits are the first indicator of threatened ability to make loan and bond repayments, unless solid reserves exist.
10/08/2020
The bank says that individuals in South Africa “will now have an opportunity to own shares from as little as R10 in some of the world’s best performing companies such as Amazon, Facebook, Apple, Microsoft, Netflix, Tesla, Coca Cola and Alphabe
10/07/2020
Companies that could count on this benefit could use the money they receive for operational expenses, such as salaries, rent and lease agreements, and contracts with suppliers.