BoE tweaks lifetime loss estimate for QE programme at 85 billion pounds
According to the estimates, the BoE will continue to unwind its portfolio of government bonds at the current rate of 100 billion pounds annually....
Category : Banking
Bank of Mozambique deems foreign exchange market stable despite concerns
Jamal Luis Omar notes that the Mozambican foreign exchange market is steady, and exports and conversion rates are both continuing as usual...
If Insights: Will UK cut its interest rate ahead of US?
The United Kingdom's March inflation report confirmed investor confidence that the BoE's policymakers, will choose to reduce interest rates early in 2024 to accelerate economic development...
Citi takes the lead as major banks downsize workforce to streamline costs
Citi has recently announced that it will cut 7,000 jobs, as part of their plan to reduce staffing by 20,000 over the next two years...
Qatar banks shine, record 8% profit growth in GCC: KPMG report
According to the KPMG report, Qatar National Bank has maintained its position as the largest bank in the GCC, with assets worth USD 338 billion...
PVcomBank: Empowering businesses with financial solutions
PVcomBank is a financial institution that supports businesses by offering preferential loan packages to provide timely additional capital...
Attijariwafa bank emerges as Africa’s financial powerhouse
Attijariwafa bank, over the years, has emerged as a leading banking and financial Group in Africa...
Access Bank strengthens Mozambique society through community engagement
Access Bank Mozambique believes that the knowledge of basic literacy principles results in sound choices that benefit everyone’s future...
IF Insights: After the March 2023 horror, US banking sector now faces ‘NYCB Test’
After the 2023 banking crisis, exposure to commercial real estate loans was seen as the next big risk to American banks...
CitySavings: Revolutionising banking with ‘Simple is Good’ philosophy
Established in 1965, CitySavings currently operates in over 140 branches throughout the Philippines...