Business & Finance - Banking & Finance

Kenya central bank leaves rates unchanged, says past measures are being helpful

Kenya central bank leaves rates unchanged, says past measures are being helpful

Banks remain stable, it said, and fiscal stimulus introduced by the government would kick in strongly in the financial year starting in July. At...

South Africa’s central bank says lenders can handle coronavirus crisis

South Africa’s central bank says lenders can handle coronavirus crisis

The SARB's 2018, stress test included scenarios encompassing a 4.8pc decline in economic growth for four consecutive quarters and a longer but smaller downturn...

JS Bank and Visa – Paving the way in payment innovations

JS Bank and Visa – Paving the way in payment innovations

This partnership with Visa showcases JS Bank’s resolve to bring forth new ways to pay via innovative solutions beyond the standard service menu existing...

Swedish central bank’s Skingsley says changes in rates possible in recovery phase

Swedish central bank’s Skingsley says changes in rates possible in recovery phase

The central bank has launched a raft of measures, including loans in dollars and crowns and an expanded programme of asset purchases. STOCKHOLM: Adjusting Swedish...

BoJ’s bond holdings edge towards the size of Japan’s economy

BoJ’s bond holdings edge towards the size of Japan’s economy

The increase in bond holdings underscores the massive scale of the BOJ's money printing aimed at reflating the economy and achieving its elusive 2pc...

ECB warns virus response could renew fears of euro breakup

ECB warns virus response could renew fears of euro breakup

"Redenomination risk" refers to the danger of some countries quitting the euro -- or the single currency collapsing altogether. In normal times, eurozone countries...

ECB can deviate from countries’ bond-buying quotas as needed

ECB can deviate from countries’ bond-buying quotas as needed

"The whole point of having flexibility is that you can deviate from the capital key," Lane told an online interview with the Institute of...

China says banks’ bad loans high due to virus, credit risks grow

China says banks’ bad loans high due to virus, credit risks grow

  BEIJING  - China’s banking and insurance regulator said on Tuesday that bad loans at banks now stand at a high level due to the impact...

Bank of Japan’s Kuroda says ready to do more for economy after emergency lifts

Bank of Japan’s Kuroda says ready to do more for economy after emergency lifts

TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank may take more steps to cushion the economic impact from the...

China to strengthen policy, lower lending rates: PBOC Governor

China to strengthen policy, lower lending rates: PBOC Governor

  BEIJING - China will strengthen its economic policy and continue efforts to lower interest rates on loans, central bank Governor Yi Gang said, reinforcing expectations...

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