Category: Finance

In a move that has sent ripples through the financial sector, Egyptian banks have reportedly increased the interest rates on personal loans to a staggering 32.5%. This hike comes as...

The banking sector, a cornerstone of the global economy, has recently faced a whirlwind of macroeconomic developments. From the pandemic-induced economic slowdown to aggressive monetary policy shifts, banks worldwide have...

Nigerian banks are not just national entities; they have become formidable players on the global stage. With a strategic eye on expansion, these financial institutions are leveraging their presence in...

In a transformative move, banks are gearing up to integrate international credit card spending into the Liberalised Remittance Scheme (LRS), marking a significant shift in the management of foreign transactions....

Former President Donald Trump faces a daunting financial deadline that could potentially lead to a personal bankruptcy declaration. With a $454 million bond due and the clock ticking, the situation...

In an unprecedented move, Neoen, the French renewable energy giant, has secured a colossal A$1.1 billion financing for its diverse portfolio of energy projects in Australia. This financial feat, facilitated...

As the geopolitical landscape shifts, Russia finds its once covert channels to the global banking system rapidly constricting. This development comes as a result of increased vigilance and regulatory measures...

The United States financial system stands at a pivotal moment as it faces a vigorous debate over the implementation of new banking rules. This contention is not just about regulatory...

In an ambitious push to fund the grand-scale Vision 2030 mega-projects, Saudi Arabian banks are set to embark on a record-breaking bond issuance spree. This strategic move aims to address...