Tunisia Puts First Woman Doctor, Tewhida ben Sheikh, on New Banknotes
Tunisia’s apex bank, Central Bank of Tunisia last Thursday, March 26, unveiled new banknotes honouring a female history maker in the country’s medical history.
'We Are Nervous': Banks Mull Impact of Coronavirus on SA
“We are nervous; incredibly nervous — the impact of this is likely to be far worse than the financial crisis of 2008.”
FNB Extends Aid for Battling SMEs in South Africa Amid COVID-19, Lockdown
Amid the global COVID-19 pandemic and 21-day lockdown faced by South Africans, First National Bank has announced additional measures to assist small and medium-sized enterprises battling with funding in the country.
Fintech Credit Provider 4G Capital Adjusts Business Operations to Cope with Coronavirus Outbreak
Fintech credit provider 4G Capital, a firm that supports individuals and companies across Africa, has introduced operational and services updates for its business operations across Kenya and Uganda.
BoG Reduces Primary Reserve Requirement to Support Economy
The Bank of Ghana has announced a raft of measures aimed to contain the economic impact of the COVID-19 on the economy and to enhance access to credit.
CBN Cuts Interest Rates, Provides N50 Billion Credit
The Central Bank of Nigeria has announced its first set of policies to cushion the negative impact the deadly Coronavirus on Nigerian businesses and economy.
Unbanked Firms Stand to Miss Out
Often bypassed by banks, the informal sector is unlikely to get much benefit from the government's Tk 727.50 billion stimulus package, fear economists.
SBP Adopts Measures to Promote Digital Payments
In order to curtail the risk of spread of coronavirus and limit the physical interaction of citizens at bank branch level, the State Bank of Pakistan has waived all bank charges for online fund transfer services and the transactions charges on Real Time Gross Settlement System for customers.
East Africa: Central Banks Ramp Up Coronavirus Response
CENTRAL banks of the East African Community member countries are contemplating swift interventions in response to the coronavirus crisis amid calls on regional governments to implement significant economic stimulus packages.
Remittance Woes: Job Losses, Closed Borders Sap Nations of $660B
The amount of money migrant workers send to their home countries usually holds up well in a crisis. Not this time.