Central Bank of Ghana on Saturday disclosed the revocation of the operating licences of two more banks, Premium Bank and Heritage Bank. Announcing the decision, Ernest Addison, Governor of Bank of Ghana, said the two years long banking sector cleanup had come to an end, leaving 23 universal banks out of an initial 35. While […]
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Australia’s central bank takes ‘responsibilty’ for spelling error on 46m bank notes – Daily TrustAustralia’s central bank has taken responsibility for typos on 46 million bank notes after a radio station posted an image of the microscopic error on social media. Triple M radio posted on Instagram last Thursday a magnified photograph of a 50 Australian dollar (about N12,670) note showing the misspelling of “responsibility.” The word appears three …
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Nigerian Banks Lost $175 Million In Value Since Last Capitalisation –Central Bank Of Nigeria | Sahara ReportersNigerian Banks Lost $175 Million In Value Since Last Capitalisation — cenbank | Sahara Reporters Besides the planned revaluation, the CBN said it would seek to achieve a single-digit inflation rate by reducing the price of agricultural... READ MORE:
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Central Bank cuts interest rate to boost economy - Vanguard News NigeriaIndia’s central bank, on Thursday, unexpectedly lowered interest rates and, as anticipated, shifted its stance to “neutral” from “calibrated tightening” to boost a slowing economy after a sharp fall in the inflation rate.
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Banker Found Guilty Of Stealing $83m From Central BankA Philippine court on Thursday held a former bank manager guilty on eight counts of money laundering, the first conviction in one of the world’s largest cyber heists, in which $81 million was stolen from Bangladeshi central bank nearly three years ago. The regional court sentenced Maia Deguito, a former branch manager at Manila-based Rizal […]
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