GHANA’S Agricultural Development Bank (ADB) has trained owners of Small and Medium-Sized Enterprises (SMEs) at a capacity building workshop aimed at boosting the financial literacy and efficiency.
Category: Banking & Finance
Full-blown Investigation Into The Dominance Of ‘Big 4’ Banks
A full-blown inquiry into the dominance of Britain’s biggest banks in personal current accounts and small business lending has been launched by the sector’s UK regulatory watchdog as it seeks to boost competition on the high street.
Banks Hiding True Scale Of financial Fraud
CYBERCRIMINALS are stealing twice as much money from bank accounts as the banks actually report, MPs were told yesterday, as Britain’s elite crime-fighting agency admitted that financial fraud statistics were as good as useless.
AfDB Reaffirms Support To Geothermal Dev’t In East Africa
THE African Development Bank (AfDB) has reaffirmed its on-going support to the development of geothermal power in the East Africa Rift Valley region.
Bank Deleveraging In Eastern Europe Slows Slightly In 2nd Q
BANK deleveraging in central, eastern and south-eastern Europe (CESEE) slowed in the second quarter this year but credit growth remains subdued, according to a new report from the Steering Committee of the Vienna Initiative.
Islamic Finance Seeks to Capture New Growth Opportunities In Africa
THE 3rd Annual Islamic Banking Summit Africa (IBSA Djibouti 2014), which opened today at the Djibouti Palace Kempinski, saw more than 200 leaders in the international Islamic banking and finance industry engage in detailed discussions that focused on ‘capturing the Africa opportunity in Islamic finance’.
Bank to advice Police On Financial Crime
ROYAL Bank of Scotland has signed a poacher-turned-gamekeeper agreement with the City of London Police to provide free training and advice on financial crime.
Top Shareholder Backs StanChart Boss
Second-biggest investor in emerging markets bank backs chief despite big share price fall from £20 in 2010 to £9.50 last week PETER SANDS, the beleaguered chief executive of banking giant Standard Chartered, received public backing this weekend from the lender’s second-largest shareholder.
Access Bank Outshines Rivals @ Ghana Banking Awards
ORGANISERS of the 13th edition of Ghana Banking Awards have adjudged Access Bank as the Bank of Year for 2013, leaving rivals to chase their shadows.
Moody’s Downgrades Mauritius Commercial Bank
MOODY’S Investors Service, a United States-based leading provider of credit ratings, research, and risk analysis has downgraded Mauritius Commercial Bank Ltd’s long-term and short-term deposit ratings to Baa3/Prime-3 from Baa1/Prime-2.