Banks (Finance)
RadCred, a leading online loan marketplace, has introduced innovative features that make it easier for US consumers to compare small-dollar credit offers on mobile devices. The platform connects borrowers to state- or tribal-licensed direct lenders, displaying APR, fees, total repayment, term, and estimated funding speed upfront. This approach helps applicants
Banks (Finance)
The African Development Bank Group recently launched its 2025 Country Report on Cameroon, highlighting the country's progress in economic recovery and identifying areas for improvement to stimulate inclusive and sustainable growth. The report emphasizes the importance of domestic resource mobilization, governance, and digitalization in driving Cameroon's
Banks (Finance)
The African Development Bank Group (AfDB) launched its 2025 Country Report on Cameroon in Yaoundé on July 22, 2025. The report provides an assessment of Cameroon's economic performance and outlook, growth trends, socio-economic challenges, and development progress. The report emphasizes the importance of mobilizing domestic resources, strengthening governance,
Banks (Finance)
The Bank of Ghana's Monetary Policy Committee (MPC) is set to begin its 125th regular meeting on Monday, July 28, 2025, to assess the country's economic outlook and review macroeconomic developments. The three-day meeting will focus on evaluating key economic indicators, including inflation trends, exchange rate
Banks (Finance)
The Bank of Russia's Chairman, Elvira Nabiullina, announced a reduction in the key rate to 18% per annum following the Board of Directors meeting on July 25, 2025. This decision is attributed to the decreasing inflation rate, which has slowed down to 9.2% annually, and the gradual
Banks (Finance)
In the first quarter of FY26, Foreign Institutional Investors (FIIs) pare down their holdings in public sector undertaking (PSU) banks, driven by valuation concerns and global risk-off sentiment. Key takeaways from the latest developments include a reduction in FPI stakes in PSU banks from 4.60% in Q4FY25 to 4.
Banks (Finance)
On July 28, 2025, Safwa Islamic Bank, listed under the symbol SIBK on the Amman Stock Exchange, saw its stock price fluctuate throughout the trading session. Starting at JD 2.31, the bank's stock reached a high of JD 2.33 and a low of JD 2.28,
Banks (Finance)
A 3-day training workshop titled 'Foreign Exchange & International Trade Management' at Al-Arafah Islami Bank's Training Institute has commenced, with the aim of enhancing the skills and professional knowledge of bank officers in line with modern banking needs. The workshop, inaugurated by Managing Director (CC) Mohd.
Banks (Finance)
The Pakistan China Joint Chamber of Commerce and Industry (PCCI) has recommended that the State Bank of Pakistan reduce the benchmark interest rate from 11% to 6% in its upcoming monetary policy announcement. According to PCCI officials, improved economic indicators, such as a decrease in inflation and stabilization of the
Banks (Finance)
The National Credit Guarantee Company (NCGC) has called on banks and other financial services stakeholders to collaborate in creating a more inclusive, resilient, and dynamic credit market in Nigeria. The Managing Director of NCGC, Mr Bonaventure Okhaimo, emphasized that such a partnership would help reshape Nigeria's credit landscape,
Banks (Finance)
Dubai Islamic Bank PJSC, a prominent financial entity in the UAE, witnessed a moderate trading session on the Dubai Financial Market (DFM) on July 28, 2025. The bank's stock price fluctuated throughout the day, opening at 9.80 AED and settling at 9.77 AED by the end
Banks (Finance)
As artificial intelligence (AI) rapidly advances, it threatens to displace jobs and raise critical questions about responsibility, accountability, and liability. A recent paper co-authored in the Uganda Law Society Law Journal highlights the pressing issue of the Responsibility Gap, where AI's opaque nature makes it challenging to attribute
