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 ...

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 ...

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 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 ...

Ghana's cedi is forecasted to gain strength in the coming week, bolstered by continued remittance inflows and interventions from the central bank, while Kenya's shilling is expected to remain steady, ...

It is easy to think of inflation as just being economic in scope. Yet, as inflation becomes an expected part of the body ...

Vodafone Germany has partnered with open banking platform Tink and payments processor Adyen to introduce Pay by Bank services ...

The Bank of Russia has permitted financial institutions to offer certain crypto-based financial instruments to accredited ...