Tag: bank's

Gulf banks have faced operational risks and financial pressures on their balance sheets since the outbreak of the regional conflict, S&P Global Ratings said. However, business continuity plans have helped maintain operational effectiveness, and potential funding outflows remain manageable for now, although the long-term impact on asset quality is still uncertain. In its report, the

Survey shows that half of UK banks will increase spending on artificial intelligence as more see AI-related productivity gains...

Billionaire businessman and philanthropist Femi Otedola has opened up about one of the darkest periods of his career. Otedola revealed how banks that once chased him with offers quickly turned hostile when his financial empire crumbled in 2009. This was contained in his upcoming memoir, Making It Big: Lessons from a Life in Business...

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

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