Nvidia, AMD and Microsoft just delivered the kind of AI numbers that end arguments. Nvidia posted $81.6 billion in quarterly revenue, AMD’s data center sales climbed 57% in a year,...
Category: Finance
NBS Bank Bets on Family Accounts and Golf to Win Malawi Deposits
NBS Bank plc has signed up about 320 families to its new Family Banking Service since the product went live on January 18, and on the same Mzuzu stage where...
India Covers 99.92% of Villages With Banking, But Usage Lags
India has wired its villages into the formal banking system. The Finance Ministry told the Lok Sabha that 99.92% of villages now sit within five kilometres of a banking outlet,...
Bahamas Already Built the Financial Reset Its Critics Demand
The Bahamas launched the world’s first central bank digital currency in October 2020. Six years on, less than one percent of circulating Bahamian currency moves through it. That gap, between...
Colombian Banks Turn World Cup Fever into a Card-Spend Sprint
Colombian banks are turning the 2026 FIFA World Cup into a customer-acquisition tournament of their own. Bancolombia will pack Bogotá’s Movistar Arena with 8,000 cardholders on June 27, the day...
Bank Indonesia Makes Lenders Absorb Rupiah Defense
Bank Indonesia loan rates are now the quiet test of Jakarta’s rupiah defense. The central bank lifted the BI-Rate by 50 basis points to 5.25 percent at its May 19...
Infrastructure Funding Surge Puts Japanese Banks in Control
Global infrastructure funding has become the Japanese megabanks’ most useful overseas fee engine. Nikkei reported on May 23 that worldwide infrastructure project financing has doubled over five years, while Mitsubishi...
Private Bank RoE Squeeze Turns India’s Rate Cuts Costly
Private bank RoE in India slipped in fiscal 2026 (FY26, the year ended March 31, 2026) as net interest margin (NIM, the spread between lending yields and funding costs) pressure...
Kenyan Banks Drop Pesalink Fees to Sh20 in Move on M-Pesa’s Turf
A coalition of Kenyan lenders has dropped Pesalink interbank transfer charges to a flat Sh20 and waived fees entirely on transactions below Sh1,000, the most aggressive coordinated industry move yet...
BaFin Orders 79 Sustainability Fixes Across German Banks
Germany’s Federal Financial Supervisory Authority sustainable finance strategy ordered improvements on 79 separate sustainability-risk issues across the banks it directly supervises, and folded its sustainable finance team into a standalone...