Meezan Bank achieves PKR 2 billion in disbursements under government’s ‘GHTA’ program

Major banks to offer financial support to Homeplus suppliers

SEOUL, July 8 (Yonhap) -- Major commercial banks on Wednesday announced financia...

Türk Eximbank secures $830 million syndicated loan

Türkiye's state export agency, Türk Eximbank, announced on Thursday that is secured a total of 830 million in syndicated loans from 32 international banks in euro and U.S. do...

Kerajaan hargai komitmen industri perbankan bantu PMKS akses kewangan mudah – PM

PUTRAJAYA: Datuk Seri Anwar Ibrahim menghargai komitmen industri perbankan dalam memperluas akses kewangan yang lebih mudah, berpatutan dan bertanggungjawab terutama membantu pelanggan individu dan perusahaan mikro, kecil dan sederhana (PMKS). Inisiatif tersebut merangkumi pengenalan Kad Kredit Asas, pemansuhan caj RM1 bagi pengeluaran wang tunai di ATM bank, serta bantuan bersasar kepada peminjam dan PMKS yang ... Read more The post Kerajaan hargai komitmen industri perbankan bantu PMKS akses kewangan mudah – PM appeared first on Utusan Malaysia.

Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026

Banks operating in Egypt recorded combined net profits of EGP 218.410bn during the first quarter (Q1) of 2026, according to a report published on Sunday by the Central Bank of Egypt (CBE). The report showed that net interest income reached EGP 284.472bn, while net operating income totalled EGP 306.121bn. Total expenses amounted to EGP 87.711bn. [] The post Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026 first appeared on Dailynewsegypt.

Government pays GH¢400 million capital for Women’s Bank, says bank will open before end of 2026

The government has paid GH¢400 million into an escrow account at the Bank of Ghana as the required capital for the establishment of the proposed Women's Bank, Finance Minister Dr Cassiel Ato Forson has announced. The Minister said the payment marks a major step towards securing a banking licence, adding that the government expects the bank to become operational before the end of the year. Speaking during a working visit by Vice President Professor Naana Jane Opoku-Agyemang to the Ministry of Finance, Dr Forson assured her that every effort was being made to meet the target.

Standard Bank Becomes The First Bank On The Continent Authorised To Clear Renminbi Transactions

Standard Bank, the biggest bank in Africa by assets, and the Industrial and Commercial Bank of China Limited (ICBC) have been jointly authorised by the People’s Bank of China (PBoC) to clear Renminbi (RMB) in Africa. Standard Bank is the first African based bank to receive this authorisation. In November 2025, the bank also became []

More Than Just Money: How ₹1,147 Crore Is Changing The Lives Of 33 Lakh Punjab Women

The Punjab government has transferred 1,147 crore directly into the bank accounts of nearly 33 lakh women under the Mukhya Mantri Mawan Dhiyan Satkar Yojana, marking the first large payout under the state’s women-focused cash assistance programme. The amount

Egypt settles oil partners’ dues, restores production growth

Minister of Petroleum and Mineral Resources Karim Badawi announced that the government has fully settled outstanding payments owed to international oil partners, restoring investor confidence and putting crude oil production back on a growth path. Minister Badawi explained that clearing more than 6 billion in arrears over the past two years was a top priority for [] The post Egypt settles oil partners’ dues, restores production growth appeared first on Egyptian Gazette.

Liew Chin Tong: Govt approved RM15.77m grant for Suhakam in 2025 to cover operational costs, up RM2.2m from last year

KUALA LUMPUR, July 8 — The government, through the Ministry of Finance (MOF), approved a grant of RM15.77 million...

Did the Azhari Family Accumulate Profits in Luxembourg Amid the Collapse of BLOM Bank?

A Daraj investigation reveals that BLOM Bank transferred approximately 40 million in profits to Banorabe, a company based in Luxembourg. Banorabe then redistributed nearly 18 million to its shareholders, marking the largest dividend payout in its history for the 2018 fiscal year, just a few months before the outbreak of Lebanon’s financial crisis in 2019.

Debunked: There are no special tax-free arrangements for Islamic banking or 'halal mortgages'

Islamic banking seeks to avoid the charging of interest, which many Muslims describe as “usury”.

WB approves $375.9m loan for Pakistan’s power grid upgrade

The financing will be used to upgrade the national power grid and helping reduce electricity outages. The post WB approves 375.9m loan for Pakistan’s power grid upgrade appeared first on BOL News.

Dutch bank ABN AMRO fined over shortcomings in anti-money laundering framework

The Dutch central bank (DNB) said on Thursday that it had imposed an administrative fine of 8.5 million euros on ABN AMRO Bank N.V., one of the Netherlands' largest banks, over serious shortcomings in its anti-money laundering controls between September 2023 and September 2024, reported Xinhua. According to DNB, the bank failed to adequately monitor some of its high-risk customers on an ongoing basis, resulting in structural deficiencies in its customer due diligence procedures. This investigation shows that ABN AMRO failed to carry out adequate customer due diligence, as the ongoing monitoring was insufficiently critical, thorough and decisive, the regulator said in a statement. ABN AMRO acknowledged the seriousness of the shortcomings identified by DNB, saying it remains committed to strengthening the robustness of its anti-money laundering processes and meeting the standards expected by regulators, clients and society. ABN AMRO reported a net profit of 693 million eurosin the first quarter of 2026, up 12 percent from a year earlier.

Hækka verð til að verja hagnaðinn

Bera, móðurfélag Ölgerðarinnar, hagnaðist um 398 milljónir króna á fyrsta ársfjórðungi fjárhagsársins. Hagnaðurinn jókst lítillega að nafnvirði frá sama tíma í fyrra, þegar hann var 379 milljónir króna. Þetta kemur fram í árshlutauppgjöri félagsins sem birt var fyrir helgi. Sala samstæðunnar jókst um tæp 15 prósent og rekstrarhagnaður fyrir afskriftir, fjármagnsliði og skatta jókst um 26 prósent. Samanburðurinn er þó...

यस्तो छ आजको लागि विदेशी मुद्राको विनिमय दर

काठमाडौँ। नेपाल राष्ट्र बैङ्कले आजका लागि विदेशी मुद्राको विनिमय दर निर्धारण गरेको छ । राष्ट्र बैङ्कका अनुसार अमेरिकी डलर एकको खरिददर १५१ रुपैयाँ ६६ पैसा र बिक्रीदर १५२ रुपैयाँ २६ पैसा निर्धारण गरिएको छ। युरोपियन युरो एकको खरिददर १७३ रुपैयाँ २८ पैसा र बिक्रीदर १७३ रुपैयाँ ९६ पैसा, युके पाउण्ड स्ट्रलिङ एकको खरिददर २०२ रुपैयाँ []

Form 8K Bank First National Corp For: 23 June

Form 8K Bank First National Corp For: 23 June

Central Bank source to Libya Herald: Bank has supplied over US$ 1.2 billion in foreign currency & continues to bolster market reserves

A senior official at the CBL revealed to Libya Herald yesterday that the bank successfully supplied a new shipment of foreign currency yesterday, exce...

UBA rewards customer loyalty with over N400m Bumper Account Anniversary Bonus

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over N400 million in anniversary bonuses under its flagship UBA Bumper Account, reaffirming the Bank’s unwavering commitment to rewarding customer loyalty and promoting a strong savings culture. The payout, one of the largest loyalty rewards under the Bumper Account initiative [] UBA rewards customer loyalty with over N400m Bumper Account Anniversary Bonus

Kazakhstan processes $159.8bn in payments, cards dominate by volume

Kazakhstan processes $159.8bn in payments, cards dominate by volume

Gulf Bank Aldanah Draw

Gulf Bank has officially crowned Ahmad Ibrahim Mahmoud Al-Khateeb as the 26th AlDanah millionaire, awarding him the grand prize of KD 1,000,000.The celebration also included 10 mon...

U.S. Bancorp: Strong Earnings Outlook For Q2

U.S. Bancorp: Strong Earnings Outlook For Q2

Yes Bank Q1 business update: Advances rise 18% to Rs 2.85 lakh crore, deposits up 14%

Yes Bank reported an 18.4 year-on-year rise in loans to 2.85 lakh crore and a 14 increase in deposits to 3.15 lakh crore for Q1 FY27. The bank's liquidity coverage ratio improved, while deposits declined marginally on a sequential basis.

ADB to provide 165 million USD in loan to Nepal

Kathmandu, July 6: The Asian Development Bank (ADB) has agreed to provide a loan of 165 million USD to the Government of...

Deposit Your Money or Else: Eritrea’s Banking Ultimatum

Eritrea's latest directive orders citizens and businesses to deposit cash into banks by July 31 or face legal action. This analysis examines the official notice, its implications, and what it reveals about state control, banking policy, and citizens' rights.

OPEC Fund launches first local currency financing deal with Bank Respublika

The OPEC Fund for International Development (the OPEC Fund) has signed a US20 million-equivalent local currency loan with Bank Respublika in Azerbaijan, marking an important expansion of its financing toolkit. The proceeds will be on-lent to local micro, small and medium-sized enterprises (MSMEs), helping strengthen entrepreneurship, create jobs and support sustainable economic growth, AzerNEWS reports.

EthSwitch Reports ETB 2.6 Billion Profit as Ethiopia’s Digital Payments Boom Accelerates

EthSwitch, Ethiopia’s national payments switch, has reported a gross profit before tax of ETB 2.6 billion for the 2025/26 financial year, highlighting the rapid growth of interoperable digital payments in one of Africa’s largest and fastest-growing economies. During the year, the company processed 387 million interoperable transactions worth ETB 1.26 trillion, reflecting increasing adoption of []

Converse Bank Completes the Placement of EBRD Bonds

7 July, Yerevan – The European Bank for Reconstruction and Development (EBRD), one of the world’s leading international financial institutions

Palestinian Authority pushes for digital transactions to ease financial crisis

Under the current restrictions, Palestinian banks can only return physical currency through Bank Hapoalim and the Israel Discount Bank, with a cap of NIS 18 billion annually.

Lack of Unified Economic Policy Worsens Foreign Currency Crisis

Tripoli - Economic analyst Abdullah Al-Zaidi said that the lack of coordination between the Central Bank of Libya’s reforms and fiscal policies, amid the existence of two rival governments, limits the effectiveness of economic measures and increases pressure on the Libyan dinar against foreign currencies. Al-Zaidi told Fawasel platform that rising public spending and its... Read more Source The post Lack of Unified Economic Policy Worsens Foreign Currency Crisis appeared first on Libya Update News.