Due to sustained pressure from the CBK, most banks have been lowering their lending rates in line with the policy cuts.

All Enterprise Bank locations will remain open. The post Bank merger will result in 125 local layoffs appeared first on ...

Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.

Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.

Basically, central bank digital cash would act like current electronic payment methods. Only difference: it wouldn’t be tied to a commercial bank the way bank accounts and debit cards are. Rest ...

The widely expected rate cuts are aimed at stimulating consumption and loan growth as the world's No. 2 economy softens, while still protecting commercial ... "The central bank is likely to ...

Returning to this weekend, while the winners of the Club World Cup final in July will bank $40million (£29.8m) for that one victory, in an indirect sense the Championship play-off final is the ...

Israel is facing mounting international criticism for its latest offensive and pressure to let aid into Gaza amid a ...

Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

The General Economics Division (GED) of the Planning Commission has forecast a cautiously optimistic economic outlook for May and June 2025 supported by reform measures and a gradually stabilising ...