Tag: banks

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Global central banks keep up inflation fight in March

The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March though the scale...

Banks pile into euro zone bond sales as rates shoot up

Banks are becoming the leading buyers of some euro zone governments' bond sales, taking advantage of surging interest rates as the European Central Bank...

Bankers bet billions on new wave of debt-for-nature deals

The Galapagos Islands, whose thousands of unique species inspired Darwin's theory of evolution, have incalculable ecological value. But what are they worth? Perhaps around $800...

Euro zone banks see falling loan demand, tighter access to credit in Q4

Euro zone banks expect to tighten access to credit further in the fourth quarter and see a drop in loan demand as economic growth...

Banks saddled with $30 billion in unwanted debt in risk exodus

The world’s biggest banks have already had to use about $30 billion of their own cash this year to fund loans for acquisitions and...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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