Silicon Valley Bank collapse: Ghost of 2008 crisis haunts US economy againIFM CorrespondentMarch 14, 2023October 10, 2023 by IFM CorrespondentMarch 14, 2023October 10, 2023 Silicon Valley Bank had assets valued at USD 212 billion and these were primarily lent to tech start-ups... Read more
Access Bank Mozambique: Moving towards achieving fast-track & sustainable growthIFM CorrespondentFebruary 28, 2023 by IFM CorrespondentFebruary 28, 2023 Customers can take out loans at Access Bank Mozambique and receive money instantly, through M-Pesa, without needing a Bank account... Read more
Banking sector 2023: What to expect?WebAdminDecember 16, 2022December 16, 2022 by WebAdminDecember 16, 2022December 16, 2022 With retail banking, business line change first began... Read more
Central Bank of Nigeria limits cash withdrawals to 100,000 naira a weekWebAdminDecember 13, 2022 by WebAdminDecember 13, 2022 Central Bank of Nigeria stated that only notes with a value of 200 naira or less would be loaded into ATMs... Read more
Digital Passport: Next big thing in banking industryWebAdminDecember 5, 2022December 5, 2022 by WebAdminDecember 5, 2022December 5, 2022 This digital passport solution will decentralize the database between the customer and the financial institutions... Read more
Scbank CEO Hussein Refaie leads the way forward with innovative banking ideasWebAdminDecember 1, 2022 by WebAdminDecember 1, 2022 Scbank Chairman of the Board of Directors and CEO Hussein Refaie has been instrumental in the success of the organization... Read more
Brace for tough time ahead: Bank of England warns United KingdomWebAdminOctober 7, 2022 by WebAdminOctober 7, 2022 The Bank of England worries that the United Kingdom is already in a recession, in part as a result of the bank holiday to commemorate Queen Elizabeth II's funeral... Read more
Home mortgage rates skyrocket in United States as inflation soarsWebAdminSeptember 28, 2022September 27, 2022 by WebAdminSeptember 28, 2022September 27, 2022 The Labor Department reported in mid-September that United States consumer prices increased by 8.3% in the year ending in August... Read more
Ukraine raises its interest rate to 25%, the highest in EuropeIFM CorrespondentJune 7, 2022 by IFM CorrespondentJune 7, 2022 Ukraine's economy could contract by up to 45% in 2022.... Read more
Standard Chartered shuts operations in many Middle East, African countriesIFM CorrespondentApril 19, 2022 by IFM CorrespondentApril 19, 2022 This step has been taken to improve profits by narrowing its focus to faster-growing markets situated in the region.... Read more