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UK Government Selling Northern Rock Plc to Virgin Money
The Government is selling Northern Rock plc to Virgin Money. It represents a significant step in returning public sector stakes in banks to the private sector.
Cheque Truncation System Becomes a Reality At the Bank of Mauritius
Cheque Truncation System (CTS) has now become a reality at the Bank of Mauritius when it was launched on September 6, the Central Bank said in a press release in Port Louis on Wednesday. How People Arrived Here: cheque truncation in mauritius, tanzania...
Technology Can Play Bigger Role to Ensure More South Africans have Access to Banking Services
Technology can play a bigger role in ensuring that more South Africans have access to banking services, says Finance Minister Pravin Gordhan.
Iranian Oil Sales to India Decline
Despite Iran’s eagerness to supply customers, Iranian oil sales this year have dropped to 18.5 million tons from last year’s exports of 21 million tons.
Banking Sector to be Included in South Africa’s HIV Campaign
Health Minister Dr Aaron Motsoaledi is to extend the HIV, Counselling and Testing campaign to the banking sector when he launches the campaign at ABSA headquarters.
Australian Trade Commission Launches New Website
Austrade, the Australian Trade Commission, has launched an online portal which will help international investors navigate Australia’s financial sector while enhancing the country’s appeal as a regional investment hub.
Former TBW CEO Sentenced to 40 Months in Prison for Fraud Scheme
The former chief executive officer (CEO) of Taylor, Bean & Whitaker (TBW) was sentenced today to 40 months in prison for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW. At one time, TBW was one of the largest...
Trust Bank Ltd. And Standard Chartered Bank of Gambia to Reduce Prime Lending Rates
Two of Gambia’s leading commercial banks, the Trust Bank Ltd. and Standard Chartered Bank, have today announced their decision to cut the prime lending rate for their customers.
