Bank Indonesia (BI) maintained its main policy rate at 5.75% on Wednesday, aligning with the forecasts of 26 out of 35 analysts surveyed by Bloomberg. Despite this decision, the central bank signaled ...

The Central Bank of Nigeria has ordered bank directors with non-performing insider-related loans to immediately resign from ...

Investing.com - Central Bank of Russia (CBR) on Friday maintained its benchmark interest rate at 21.00%, aligning with the ...

Nigerian banks having difficulty meeting the CBN's increased paid-in capital criteria are more likely to downgrade licenses ...

Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still ...

Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.

While Ecobank Nigeria and Jaiz Bank are quite close to the finish line, Fitch pointed out that Fidelity Bank and First City Monument Bank still have a long way to go to meet the required capital for ...

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...

The profit after tax of FBN Holdings and five other financial institutions rose by about 58.19 per cent to N222.61bn at the end of 2024, The PUNCH can report.This is based on the unaudited financial ...

Abdulmumini reminded intending pilgrims to save their payments only with Jaiz Bank, Lokoja, as it is the only bank enlisted in the Hajj Savings Scheme (HSS) for the 2025 Hajj operations.

The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the second tranche of the recapitalisation materialises, The PUNCH can report.In November 2024, it was revealed that about N1.