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Three banks have settled outstanding aircraft import duties as Nigeria Customs widens a verification drive, Punch reports. One payment was about N3 billion. The post Three Nigerian Banks Settle Aircraft Import Duties appeared first on The Rio Times.
Kenya · FINANCE Key Facts —What happened Four Kenyan banks made the inaugural Forbes World’s Top Performing Banks 2026 top 500 list. —The numbers KCB Group ranked placed in The Banker 2026 Top 1000 with Tier 1 capital of US$2.455 billion. —Regional power Three Kenyan lenders accounted for three of East Africa’s four banks in […] The post Four Kenyan Banks Make a New Global Top-500 Ranking, in a First for East Africa appeared first on The Rio Times.
The RBI swap shields banks from currency risk on the principal, while banks have to manage dollar interest payments themselves, leaving some exposed if the rupee weakens
New Delhi, Sept. 9 (Jiji Press)--Japanese regional lenders are increasingly dispatching staff to India to support clients from Japan, with nine banks having already taken such steps and at least seven more planning to follow suit. Those banks aim to support their clients advancing from their local regions by collecting economic information in fast-growing India. AKM Global, an accounting...
Hong Kong landlords and property industry figures are accusing banks of deepening the city’s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply. Shop buyers were increasingly being turned away, even though Hong Kong’s residential market had gained momentum this year and banks were competing for mortgage borrowers, they said. Shih Wing-ching, founder of Centaline Property, said banks tended...
Tokyo, Sept. 7 (Jiji Press)--Japanese major banks and other private-sector financial institutions are struggling to meet the government's calls for cooperation in providing investments and loans to the defense industry. The government-held Development Bank of Japan has changed its operational rules on investments in arms manufacturers, abolishing restrictions. While a megabank official s...
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Namibia's official reserves rose 2.9% to N$58.04 billion in July on SACU receipts, even as average commercial bank liquidity fell 32.5% in a single month. The post Namibia’s Reserves Rose While Its Banks Got Tighter appeared first on The Rio Times.
A unit of Indian billionaire Kumar Mangalam Birla’s conglomerate has received as much as 240 billion rupees ($2.5 billion) in commitments from at least four banks for an acquisition loan, 70% more than what it was planning for, according to people familiar with the matter.