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Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
Global news and insight for corporate financial professionals
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
In 2021, the world’s companies will back off bond buying in favor of paying down debt and making strategic acquisitions.
For many trade finance banks that still relied on legacy systems and paper-based processes, the Covid crisis put them on a forced march into the future.
Household saving is defined as the difference between a household’s disposable income and its expenditures on goods and services. During the pandemic it rose to historical highs everywhere.
On October 27, Global Finance conducted a Sub-custody Roundtable, moderated by publisher and editorial director Joseph Giarraputo. The Roundtable agenda covered crucial topics in the sub-custody sector including: the global and regional impact on the COVID-19 pandemic on sub-custodians; the effect ...
Other African nations may not be able to repay their loans as the global pandemic damages economic growth.
Seychelles' central bank governor Caroline Abel tells Global Finance that the central bank of Seychelles will focus on diversifying the economy after the pandemic passes and in the meantime is focused on stopping currency speculation.
Allegations of corruption and nepotism dog Malawi's new president.
Under Covid-19, private banking clients in Africa are demanding more advice—especially on foreign exchange and commodities.
Absa Group's new CEO has a controversial past.
Foreign investors will compete for ownership of Ethiopia's electric company.
From Cape Town to Cairo, digital banking is the buzzword as incumbents and newcomers vie for a young, tech-savvy population.
Yandraduth Googoolye, governor of the Bank of Mauritius, talks about policy, global uncertainty and foreign direct investment.
John Mangudya, head of Reserve Bank of Zimbabwe, describes his efforts to move the bank away from the quasi-fiscal activities that distracted it from its core mission.
South Africa is increasingly difficult to govern.
A rising entrepreneurial class is fueling the growth of African private banking, and competition is heating up.
Two north African nations try to stabilize their finances.
Yet some experts urge caution and stronger protection for consumers.
African regulators are balancing innovation against risks of illicit money flows and the need to protect consumers.
The oil-rich Southern African country bets its economic revival on an IMF bailout and a fresh pair of hands.
Opportunities abound for investors in Africa.
Can Madascar's president improve one of Africa's poorest economies?
Africa may be underbanked but fintechs are changing that.
South Africa's flailing government calls on old hands to right the ship.
Africa’s tech start-ups are enjoying greater access to funding thanks to tech hubs, incubators and venture capital.
From animal-tracking innovations to agritech solutions, Africa is flexing its tech-savvy muscle—and doing it all via mobile.
Innovation can help save Africa's endangered species.
Sub-Saharan Africa is already light years ahead of the rest of the world in advancing mobile banking. Now, governments are pressing for more cross-system compatibility.