Author: InvestAdvocate

Reform: Tightening the loose end in MFBs’ operations

  WEDNESDAY, 23 JUNE 2010 BY   When the Microfinance Banks (MFBs) came into operation, it was meant to cater for the ordinary citizens. It had its operational spheres but soon, apart from springing up in every available space, some started operating like the conventional commercial banks.     Speaking […]

Banks Move Cash to Bonds, Depress Yield

  By 06.22.2010     Banks are moving the bulk of their funds from fiscal spend and other sources to bonds – a development that has triggered excess demand for the securities and by extension, reduced yields to bond holders.     Traders are expecting yields at the government’s auction to […]

Regulation: SEC to Sign MoU with Morocco

  By , 06.22.2010    The Securities and Exchange Commission (SEC) will soon sign a Memorandum of Understanding (MoU) with the Moroccan Securities and Exchange Commission (Conseil Déontologique des Valeurs Mobilières-CDVM) on securities regulatory cooperation,   information obtained by THISDAY has indicated.     The Chairman of SEC, Senator Udoma Udo […]