The Berkley family, a cornerstone of the banking industry in Kansas, has been honored with the Century of Family Banking award by the Kansas Bankers Association. This prestigious award recognizes...
Category: Finance
Banks to Earn 25.75% on CBN Deposits, SLF Rate Now 31.75%
The Central Bank of Nigeria (CBN) has announced significant changes to its monetary policy, lifting the suspension on the Standing Lending Facility (SLF) and adjusting interest rates for deposits and...
What to Consider Before Investing in Banking Shares
Investing in banking shares can be a lucrative opportunity, but it requires careful consideration and understanding of various factors. Banks play a crucial role in the economy, and their performance...
Somalia’s Registration Authority and Banks Partner to Advance Digitalisation and Financial Inclusion
Somalia’s National Identification and Registration Authority (NIRA) has partnered with the Somali Bankers Association (SBA) to advance digitalisation and financial inclusion across the country. This collaboration aims to integrate the...
EU Banks Charge Higher Interest Rates to Companies with High GHG Emissions
European banks are increasingly factoring in climate risk when determining interest rates for corporate loans. Companies with high greenhouse gas (GHG) emissions are facing higher borrowing costs, reflecting the financial...
Accelerated Banking Launches Free Velocity Banking Calculator for Homeowners
Accelerated Banking has introduced a free Velocity Banking Calculator designed to help homeowners accelerate their mortgage payoff. This innovative tool allows users to input their financial information and see how...
TRAI’s New Rules to Curb Spam: Could Block Text Messages from Banks & Financial Institutions
The Telecom Regulatory Authority of India (TRAI) has introduced new regulations aimed at curbing spam messages, which could inadvertently block important text messages from banks and financial institutions. Starting September...
Disruption Lies in Empowering Non-Bank Lenders to Compete
In the quest to enhance competition in the banking sector, the focus should not solely be on increasing the number of major banks. Instead, empowering non-bank lenders to compete on...
Dating Fraudsters Use Fake Banks to Con Woman Out of £80K
In a shocking case of online deception, a woman from North Yorkshire has been conned out of £80,000 by dating fraudsters using fake bank websites. Kirsty, a 42-year-old florist and...
Making NZ Banking More Competitive: The Case for Easier Bank Switching
In a bid to enhance competition within New Zealand’s banking sector, experts are advocating for measures that make it easier for consumers to switch banks. The Commerce Commission’s recent study...