S&P Global Ratings has upgraded the long-term issuer credit rating of Bank of Cyprus Public Co. Ltd. (BoC) to ‘BBB-’ from ‘BB+’,...
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Bank loans continue to show no stress at the macro level, remaining well below the long-term trend as a percentage of GDP. By Dec 2024, the growth in overall bank credit slowed to 7.7% due to higher lending rates and increased capital requirements. Asset quality has improved with the GNPA ratio dropping to a 12-year low of 2.6%.
S&P Global Ratings has upgraded the long-term issuer credit rating of Bank of Cyprus Public Co. Ltd. (BoC) to ‘BBB-’ from ‘BB+’,...
Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the banking sector.
These growth-inflation dynamics open up policy space for the MPC to support growth, while remaining focussed on aligning inflation with the target.
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The...
Retail credit growth in India decelerated in Q2FY25, significantly impacting affordable housing and low-cost two-wheeler loans. However, higher-value...
Jody Shaw AVP, Business Development Officer Shaw to Expand Commercial Banking Relationships Across the Capital Region and Drive Business Growth...
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is...
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is...
Bank of Uganda’s Monetary Policy Committee (MPC) has decided to maintain the Central Bank Rate (CBR) […]
The RBI had, in its monetary policy review on December 6, slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to make more funds available...