Banking & Finance

Ethiopian bank offers US$20 million for renewable energy projects

green  Accretion DiscThe Development Bank of Ethiopia will offer up to US$20mn to private companies in an attempt to accelerate development of renewable energy and energy efficient products

Hits: 9328

Read more ...

IITFC grants US$265 million loan to Egyptian oil firm

islamic development bankThe International Islamic Trade Finance Corporation (IITFC), a branch of the Islamic Development Bank, has provided funds worth US$265mn to Egyptian General Petroleum Corporation (EGPC)

Hits: 3804

Read more ...

Bank of China steps up activity in Uganda

bankofchina  Laure WayaffeThe Bank of China has increased its activities in Uganda by establishing a partnership with a local bank and has plans in place to open up special desks in the country to deal with traders going to China

Hits: 9790

Read more ...

Standard Bank may sell 60 per cent stake of UK commodities to ICBC

Standard Bank wikiSouth Africa's Standard Bank may sell 60 per cent of its UK commodities and foreign exchange trading businesses to the Industrial & Commercial Bank of China (ICBC) for at least US$600mn

Hits: 9265

Read more ...

Barclays Zimbabwe launches fraud monitoring system

Image source: Wikimedia Commons/Kolekcjoner-AD.Barclays Bank of Zimbabwe Ltd has introduced automated fraud detection and monitoring systems for international and local debit cards, according to the company’s managing director, George Guvamatanga

Hits: 9645

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?