Banking & Finance

Investing in Africa: The role of international finance centres

Elise DonovanElise Donovan, chief executive of BVI Finance, talks on the benefits of international financial centres to facilitate trade and business

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Temenos to provide digital transformation solution to Libyan ATIB

temenos atrLibya’s Assaray Trade and Investment Bank (ATIB) has selected Switzerland-headquartered Temenos Infinity and Temenos Transact to power digital transformation

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African banks transforming operations with Oracle solution

oracle bankingSeveral of Africa’s innovative digital-first banks are turning to Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers

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Standard Chartered Bank arranges US$1.46bn to fund Standard Gauge Railway

Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango02The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora

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CredoLab raising banks’ loan-to-deposit ratio while minimising risk

LDR credoThe Central Bank of Nigeria (CBN) has increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 per cent to 65 per cent in the latter part of 2019, which, according to Bloomberg, was aimed at forcing banks to boost credit, mainly to farmers, small-and-medium-size businesses and consumers

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