Category archives for: Finance

Nigeria Directs AFREXIM To Align Lending With Agric

Abuja, Nigeria, June 7, 2018// – Nigerian President Muhammadu Buhari on Thursday directed the African Export – Import Bank (AFREXIM) to align its lending schemes with the agricultural priorities of the present administration.

RBI Policy Highlights: A Repo Rate Hike After 4 Years

Mumbai, India, June 7, 2018//- The Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) has decided to increase the key repo rate—the rate at which the central bank infuses liquidity in the banking system—by 25 basis points to 6.25%.

RBI Monetary Policy Decision Today: 5 Things to Watch Out For

Mumbai, India, June 6, 2018//- After an unusual 3-day long deliberation, the Reserve Bank of India’s (RBI) monetary policy committee (MPC) is set to announce its decision on key policy rates today.

India Weighs Merger of Bank of Baroda, IDBI Bank, Oriental Bank, Central Bank

Mumbai, India, June 4, 2018//- The government is considering merging at least four state-run banks, including Bank of Baroda, IDBI Bank Ltd, Oriental Bank of Commerce and Central Bank of India, two people aware of the matter said.

The Way Forward for GCB Bank Aftermath the Takeover of UT Bank, Capital Bank

The UT Bank and Capital Bank are like broken vehicles mid-way  full of passengers and GCB Bank appears to be the moving car, as usually done, the moving car would stop and ask the broken car driver (s) what is wrong.

How to Build a Good Credit Score for Quick Loans

Banks look at various parameters—age, income, job profile—when they evaluate your loan application. While you can’t do much about those factors, building a good credit score is in your hands. here’s how to do it   June 2, 2018//-At a time when education, healthcare and even daily household expenses are rising exponentially, your ability to […]

Ghana: GCB Bank Posts Poor Results

Accra, Ghana, May 31, 2018//-The profit of GCB Bank dropped by about 29 percent in 2017.

Digital Financial Services Are Key to The future of Africa’s Banking Sector

May 29, 2018//-The impressive growth in financial inclusion in Sub-Saharan Africa (SSA) over the last few years has been driven primarily by mobile money and agent banking.

UK Expands Export Finance in West Africa, Opens Ghana Office

Accra, Ghana, May 28, 2018// — Ghana becomes the first West African country to have a representative of the world’s oldest export credit agency, UK Export Finance (UKEF) stationed in-country.

Ecobank Adjudged Africa’s Best & Most Innovative Retail Bank

Lome, Togo, May 28, 2018/ — Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea.

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