Author: InvestAdvocate

Afreximbank Delivers Strong Financial Results for Q3 ended 30 September 2024, Surpassing Prior Year’s Performance Despite Challenging Operating Environment

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels November 18, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its […]

New European Wealth Gauge Helps Policymakers Address Inequality

(Credit: IMF Photo/Oliver Bunic) November 18, 2024/IMFBlog By Henning Ahnert, Francien Berry, Darja Milic, and Jorrit Zwijnenburg Economists monitor income disparities because they can harden into more structural wealth inequalities that concern policymakers. Wider wealth gaps may also impact monetary policy transmission and financial stability. Accordingly, the European System of Central Banks […]