Banks (Finance)
Equity Bank has shifted its Bugolobi branch to a new location within the commercial district of Bugolobi, improving customer access and service delivery. The new branch, situated at Plot 3-5 Mpanga Close, Hensley Business Park, boasts expanded floor space and modern facilities, including dedicated areas for private banking consultations and
Banks (Finance)
The UK's economy heavily relies on small and medium-sized enterprises (SMEs) for growth and job creation, but accessing finance for these businesses remains a significant challenge. The British Business Bank's (BBB) growth guarantee scheme has provided vital support, guaranteeing PS75 million a month in SME loans,
Banks (Finance)
The "digital arrest" scam has garnered significant attention in recent years, with citizens falling victim to sophisticated online frauds that manipulate fear and intimidation to siphon off millions of rupees. The Ministry of Home Affairs has termed this scam a "national threat," and the Reserve Bank
Banks (Finance)
Dubai Islamic Bank Pakistan (DIB) has been recognized for its dedication to social welfare and its significant contribution to the Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH and RC). The bank received the prestigious Shaukat Khanum Social Responsibility Award 2024 at an event in Karachi, celebrating its ongoing
Banks (Finance)
Niger State has been selected as one of 23 beneficiaries of the Nigeria Climate Adaptation, Erosion and Watershed Project (NEWMAP-EIB), an initiative supported by the European Investment Bank (EIB), to combat soil erosion, restore degraded land, and improve the livelihoods of vulnerable communities. The announcement was made during a courtesy
Banks (Finance)
The Indian banking sector is expected to witness a significant tax savings opportunity in the September quarter as State Bank of India (SBI) and a group of private banks sell their stake in Yes Bank to Japanese banking giant Sumitomo Mitsui Banking Corp (SMBC). The sale, valued at Rs 13,
Banks (Finance)
State Bank of India (SBI) and a group of private banks are set to reap a tax bonanza in the September quarter from the sale of their stake in Yes Bank to Japanese bank Sumitomo Mitsui Banking Corp (SMBC). The é 13,483-crore income from the stake sale will be
Banks (Finance)
As gold prices soar, lenders in India are shovelling out gold loans to customers, even as personal loans and credit cards become harder to come by. According to Reserve Bank of India (RBI) data, lenders handed out more gold loans than any other type of retail loan, including home loans,
Banks (Finance)
The Bank of Ghana has urged banks to make greater use of risk-sharing mechanisms in expanding credit to small and medium-sized enterprises (SMEs), which remain underserved despite their central role in the economy. Despite their importance, SMEs in Ghana face challenges including lack of affordable finance, difficulties meeting export standards,
Banks (Finance)
Terra Metals Inc. has announced a landmark partnership with the Investment Bank of Africa (IBA) and the Nalolo Solar Power Energy Company (NASPEC) to drive Zambia's renewable energy transition. This strategic investment is expected to play a transformative role in Zambia's energy sector, driving economic growth,
Banks (Finance)
As the festive season approaches and tax cuts take effect, banks in India are poised to capitalize on burgeoning consumer demand, reversing the slowdown in loan growth through lucrative retail credit lines. Large consumer-facing banks, including HDFC Bank, ICICI Bank, and Axis Bank, are launching festive offers and discounts to
Banks (Finance)
Terra Metals Inc. has announced a landmark strategic equity investment partnership between the Investment Bank of Africa (IBA) and the Nalolo Solar Power Energy Company (NASPEC), marking a major step forward for Zambia's renewable energy transition. This collaboration will advance the Nalolo Solar Project, a significant initiative driving
