Embattled Credit Suisse to buy back $3 billion of debt
Zurich – Troubled Swiss banking giant Credit Suisse, which has scrambled to ease fears about its financial health, announced... Read more
7 Oct, 2022
Somalia issues licences to first foreign banks
Mogadishu – Somalia said on Sunday it had awarded licences to two foreign banks as the troubled Horn of... Read more
4 Jul, 2022
Zimbabwe government under fire for halting bank lending
Harare – A move by Zimbabwe to suspend lending by banks will backfire, create a parallel banking system and usurp... Read more
10 May, 2022
Libya central banks to reunite after 7-year split
Tripoli – Libya’s rival central banks said on Monday they had reached a reunification deal, seven years after they divided... Read more
7 Dec, 2021
Mobile payments firm Paytm kicks off India’s biggest IPO
Mumbai – India’s biggest-ever initial public offering opened on Monday with digital payments platform Paytm looking to raise nearly... Read more
8 Nov, 2021
