Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...

The world’s leading central bankers gather today for a panel discussion in Sintra, Portugal. ECB President Christine Lagarde ...

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

Arab Finance: The exchange rate of the US dollar to Egyptian pound declined during Monday’s mid-session, hitting EGP 50.63 for buying and EGP 50.67 for selling at the National Bank of Egypt (NBE) at 1 ...

The Central Bank of Egypt (CBE) announced Sunday that all banks will be closed on Thursday, 26 June, for the Hijri New Year and on 3 July for the 30 June Revolution anniversary. File Photo: CBE. AFP ...

The updated framework is designed to align with the evolving dynamics of electronic payments and is grounded in the provisions of Law No. 194 of 2020 concerning the Central Bank and the banking sector ...

It said Swiss unemployment was likely to continue to rise slightly. The bank lowered its inflation forecast for 2025 from 0.4 percent to 0.2 percent, and for 2026 from 0.8 percent to 0.5 percent.