banks

The Central Bank of Egypt (CBE) announced that the total contributions made by the banking sector to corporate social responsibility (CSR) projects reached nearly EGP 3.9bn in 2024. These contributions were primarily allocated to key service sectors, including healthcare, social welfare, education, and development initiatives, as well as programs focused on women’s empowerment and support

Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi).According to a joint research study by the Federal Reserve Bank of New York’s Innovation Center and the Bank for International Settlements (BIS) Innovation Hub Swiss Centre...

Navigation for News Categories Photo: 123RF Banks are competing for home loan business with offers of cash - and even some people who stay with their current banks are getting them, brokers say. Glen McLeod, head of Link Advisory, said an increasing number of lenders were offering cash back incentives for people who were taking

Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption. “The modern financial system is broken, it’s slow, it’s expensive,” Trump said in a CNBC interview on April 30, adding that the existing banking system “favors the ultra-wealthy.” “It

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By Sipho Tshabalala South Africa’s banks are not just financial institutions — they are gatekeepers of economic power, deliberately locking black South Africans out of financial prosperity. When Bongi Kunene, managing director of The Banking Association of South Africa, stood before Parliament, she painted a deceptive picture of banking transformation. What she didn’t say is

Tyra Banks has been living a double life—embracing the relaxed Australian lifestyle while working tirelessly behind the scenes to build her latest business empire.  The supermodel and entrepreneur, 51, has spent the past 18 months bouncing between Los Angeles and Sydney, quietly establishing her ice cream brand, Smize & Dream, and blending in seamlessly with

Welcome to your five-minute recap of the trading day. The numbers The Australian sharemarket closed flat on Monday, after losses driven by the energy giants and ANZ were curtailed by growth in the consumer discretionary and healthcare sectors. The S&P/ASX 200 rose 2.1 points, up less than 0.1 per cent, to 8423 points at the