To meet the new capital requirements set by the Central Bank of Nigeria (CBN), big banks have sprung into action by looking to raise their capital base.
The investment intends to introduce a number of customer service improvements, including the use of biometric voice tech and enhanced self-service capabilities. : Bank of Ireland announces €34m customer service investment
Chartered Institute of Bankers of Nigeria, CIBN, has expressed support for the ongoing banking recapitalization exercise saying it will empower banks to lend more to the economy.
The Securities and Exchange Commission has revealed its stance against the admittance of illicit funds into the capital market through the fresh banking recapitalisation exercise. The Executive Director (Operations) of the commission, Dayo Obisan, revealed this on Thursday at a symposium organised by the Association of Capital Market Academics of Nigeria, with the theme ‘Banking Read More
Rocket Loans reports that there are large and small home improvements that provide a good return on investment.
China on Friday published measures aimed at promoting overseas investment in the country's technology sector, in a latest bid to attract foreign investors amid signs some are considering shifting away from the world's second-largest economy. China will support overseas institutions to issue yuan bonds in the country, and also encourage tech companies, including foreign-invested ones, to raise money via bond issuance, the commerce ministry said in a statement. The government will also facilitate...
China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors, officials and experts said.
Bank OZK bought a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,537 shares of the wireless technology company’s stock, valued at approximately $222,000. Other hedge funds and other institutional investors […]
“We need to make sure regulation doesn’t get in the way of innovation and enabling businesses in Europe to compete,” an expert told Fortune.
Saudi Arabia's Massive Futuristic Vanity Projects Falter Amid Gaza War Authored by Giorgio Cafiero via The Cradle Launched in 2017, Saudi Arabia’s NEOM, a sprawling high-tech development on the northwestern Red Sea coast, was introduced as the crown jewel of Vision 2030. This futuristic desert megaproject, extending over some Jordanian and Egyptian territory, was cast as a bold leap toward economic diversification under the leadership of Saudi Crown Prince Mohammed bin Salman...
How a semantic twist gave a major bank a loophole to keep financing fracking.
Citizens Business Bank acquired a new position in shares of The Coca-Cola Company (NYSE:KO – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,400 shares of the company’s stock, valued at approximately $200,000. A number of other institutional investors and hedge funds have […]