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Banking & Financial Services

Somali women's business growth supported by access to finance

Rima Abdukadir Ahmed, an entrepreneur from Mogadishu, has been able to expand her sesame oil business thanks to a loan from Premier Bank.


Banking & Financial Services

Rising chronic disease rates concern young Canadians

Chronic diseases are increasingly affecting young Canadians, according to a recent report from Sun Life.


Banking & Financial Services

FSB releases peer review on France's crypto-asset regulation progress

The Financial Stability Board (FSB) has released a peer review highlighting France's advancements in the regulation and supervision of crypto-asset markets.


Banking & Financial Services

ECB keeps ING Group's capital requirements unchanged for 2025

ING Group has announced the completion of the 2024 Supervisory Review and Evaluation Process (SREP) conducted by the European Central Bank (ECB).


Banking & Financial Services

World Bank launches immersion program for young economists in Pakistan

The World Bank Office in Pakistan has announced a new opportunity for young economists through an online contest.


Banking & Financial Services

World Bank approves $240M for Karachi's second phase WASH improvement project

The World Bank has approved $240 million in financing for the Second Karachi Water and Sewerage Services Improvement Project (KWSSIP-2).


Banking & Financial Services

ANZ highlights Christmas as key period for Australian food industry

Christmas season sales constitute a significant portion of the annual revenue for food and beverage businesses, with many Australian retailers beginning their preparations as early as July.


Banking & Financial Services

Soul Community Federal Credit Union receives charter to serve Austell's low-income residents

The National Credit Union Administration (NCUA) has issued a federal charter and National Credit Union Share Insurance Fund coverage to Soul Community Federal Credit Union, located in Austell, Georgia.


Banking & Financial Services

Report reveals growth potential for investors in women's professional sports

The global sports ecosystem is experiencing a transformation, with women's sports poised for substantial growth.


Banking & Financial Services

RBC Wealth Management offers insights into global economic trends for 2025

The past two years have been marked by significant valuation multiple expansion in the equity markets, overshadowing actual earnings growth.


Banking & Financial Services

Carla Novak promoted at RBC Wealth Management leading Pacific Northwest

RBC Wealth Management has announced the promotion of Carla Novak to lead its Pacific Northwest complex.


Banking & Financial Services

FSB proposes policies to strengthen non-bank readiness for margin calls

The Financial Stability Board (FSB) has issued a set of policy recommendations aimed at improving the liquidity preparedness of non-bank market participants.


Banking & Financial Services

DEG invests $20M in Mexican sustainable housing through Vinte's SDG bond

DEG has strengthened its partnership with Vinte Viviendas Integrales, S.A.B. de C.V. (Vinte) by investing in sustainable housing projects in Mexico.


Banking & Financial Services

Morgan Stanley Capital Partners acquires Prescott's from Atlantic Street Capital

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have reached an agreement to acquire Prescott’s, a provider of specialty outsourced clinical engineering services in the healthcare sector.


Banking & Financial Services

Kenya's GDP growth forecast slows; reforms needed for sustainable progress

Kenya's economic growth is expected to slow down in 2024, with GDP projected to grow at 4.7%, a decrease from 5.6% in 2023, according to the latest Kenya Economic Update released today.


Banking & Financial Services

World Bank reports deepening economic crisis in Lebanon amid ongoing conflict

Lebanon's economy has faced a significant setback, with real GDP growth declining by an estimated 6.6% in 2024 due to ongoing conflict.


Banking & Financial Services

Standard Chartered forecasts flat global economic growth amid rising protectionism

Standard Chartered has projected a slight slowdown in global economic growth for 2025, with expectations of a decrease from 3.2% in 2024 to 3.1%.


Banking & Financial Services

Pan-Arab Electricity Market moves forward with new agreements signed

The Pan Arab Electricity Market (PAEM) is moving forward with its initiative to integrate the power systems of Arab countries.


Banking & Financial Services

Fubon Financial reports record-breaking earnings for November 2024

Fubon Financial Holdings has announced its earnings results for November 2024, reporting an unaudited consolidated pre-tax profit of NT$12.94 billion and a net profit of NT$10.36 billion.


Banking & Financial Services

Consumer confidence drops post Black Friday sales amid declining economic indicators

Consumer confidence experienced a decline last week, dropping 2.9 points to reach 85.5 points.