In a bold move, Nigerian banks are gearing up for a financial transformation that could reshape the nation’s economic landscape. Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN)...
Category: Finance
Upcoming Bank Holidays in India: Is a Long Weekend on the Horizon?
This week, several states in India will experience bank closures due to upcoming holidays and festivals, potentially extending your weekend. Holiday Schedule: What to Expect This Week Customers across India...
Libyan Banks Soar with 145% Profit Increase in Third Quarter
Libyan banks have achieved an extraordinary 145.4% profit surge in the third quarter of 2024, signaling a strong rebound in the nation’s financial landscape. Libyan banks reported a staggering profit...
Banking Ombudsman Slashes Complaint Resolution Time to 30 Days in Pakistan
The Banking Ombudsman of Pakistan has taken a significant step to improve customer service by reducing the complaint resolution time from 45 to 30 days. New Regulations Bring Swift Responses...
North Korean Banks Scramble to Collect Idle Currency Amid Economic Woes
North Korea is tightening its grip on the financial sector, urging banks to seize idle local and foreign currencies as the nation grapples with economic hardships. North Korean authorities have...
Veterans Day 2024: Will Banks Be Open? Your Essential Guide
As Veterans Day approaches on November 11, 2024, many are left wondering about bank operations during this national holiday. Veterans Day honors military veterans who have served in the United...
Guru Nanak Jayanti Bank Holiday: What to Expect on November 15, 2024
As November rolls in, many are curious about bank operations during the festive season. Specifically, whether banks will be open or closed on Guru Nanak Jayanti, falling on November 15,...
Jeel and audax Join Forces to Revolutionize Saudi Arabia’s Digital Banking
Saudi Arabia’s banking sector is set for a major transformation as Jeel, the digital innovation arm of Riyad Bank, partners with audax Financial Technology. This collaboration aims to redefine the...
Public Sector Banks Surpass Private Counterparts in Q2 FY25 Net Profits, Reports SBI
In the second quarter of the fiscal year 2025, public sector banks have significantly outperformed their private counterparts in net profits, according to a recent report by the State Bank...
CBN Empowers Nigerian Banks to Trade Deposited Forex, Enhancing Financial Flexibility
The Central Bank of Nigeria (CBN) has unveiled new guidelines enabling banks to trade with deposited foreign exchange, marking a significant step towards enhancing the country’s financial flexibility. On Tuesday,...










