An economic expert has urged authorities to maintain fixed interest rates on savings certificates to safeguard public deposits and curb the growth of informal financial channels. The recommendation […]
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European Central Bank Holds Interest Rates Steady Amid Economic Uncertainty
The European Central Bank (ECB) decided to keep interest rates unchanged on Thursday, as economic uncertainty persists following the stringent trade tariff agenda of former U.S. President Donald […]
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European Central Bank Holds Interest Rates Amid Ongoing Economic Uncertainty
The European Central Bank has decided to maintain its current interest rate levels, citing persistent economic uncertainty across the region. This decision reflects ongoing concerns about inflation trends […]
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Trump Pushes for Replacement of Fed Governor Lisa Cook Amid Criminal Probe
Former President Donald Trump is increasing pressure to remove Lisa Cook from her position on the Federal Reserve Board, following the disclosure of a Justice Department criminal investigation […]
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Malaysia’s Central Bank Holds Rates Steady at 2.75%, Signals Tighter Monetary Stance
KUALA LUMPUR (Reuters) – Bank Negara Malaysia (BNM) maintained its overnight policy rate at 2.75%, aligning with market expectations, following its first reduction in five years during the […]
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Kasikornbank Exits 2026 Profit Target Amid Economic Pressures in Thailand
Thailand’s second-largest financial institution, Kasikornbank Pcl, has withdrawn its commitment to a major profitability objective due to growing concerns over the nation’s weakening economic conditions. The bank now […]
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Egypt’s Central Bank Cuts Interest Rates by 200 Basis Points to Boost Economic Growth
In a move that surprised financial markets, Egypt’s Central Bank has reduced interest rates by 200 basis points in a single decision, exceeding analysts’ expectations who had forecast […]
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Canadian Banks Defy Economic Doubts with Strong Earnings
Canada’s major financial institutions are pushing back against widespread economic skepticism with a robust earnings performance this season. In this week’s Bay Street Edition, Bloomberg’s Christine Dobby reports […]
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How to Reactivate a Dormant Account Using the BRImo App
Account holders who have inactive or dormant bank accounts can now easily restore access through the BRImo mobile application. This digital solution allows users to complete the reactivation […]
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Banque Misr to Review Deposit Rates Following Central Bank’s Policy Shift
Banque Misr announced it will convene its Assets and Liabilities Committee (ALCO) on Sunday to reassess interest rates on certificates of deposit and other banking products, in light […]