The House of Representatives Committee on National Planning and Economic Development has said the recent decision by the Central Bank of Nigeria (CBN) to retain the Monetary Policy Rate (MPR) at 27.50 ...

Central Bank of Kenya data shows lenders posted Sh73.5 billion in pre-tax profit for Q1, matching last year’s figure.

Commercial banks have once again started delaying import-related payments due to the limited availability of foreign currency ...

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Loans from big banks or universal and commercial banks, excluding investments in Bangko Sentral ng Pilipinas’ (BSP) reverse ...

Brendan Greeley’s piece on Federal Reserve profits (“Fed losses matter more in these unusual times”, On Wall Street, May 24) misapplies commercial banking logic to a sovereign monetary authority. The ...

WILLMAR — Lake Region Bank in Willmar has welcomed Mike Fagerlie as a commercial lender. He will develop and manage the ...

NOVA Bank has announced a record profit following its transition from a merchant bank to a retail bank, after receiving ...

The Fed has indicated that interest rates aren’t coming down just yet. Here’s how to make the most of where we stand.

The benchmark interest rate for credit in Mozambique will remain unchanged at 18% in June, according to information from the Mozambican Banking Association (AMB). The rate is being maintained after a ...

The Federal Reserve chair said the two discussed "economic developments" but not his expectations for monetary policy at a ...