Jaiz Bank Plc has unveiled plans to process foreign exchange transactions for Bureau de Change operators from next month. By this move, the bank, which is the first full-fledged non-interest bank in the country, will now join other commercial banks in processing foreign exchange transactions. A statement issued by the […]
World News
Standard & Poor rates Skye Bank ‘B/B’
Standard & Poor, the global rating agency, has assigned ‘B/B’ counterparty credit and ‘ngBBB/ngA-2’ national scale ratings to Skye Bank Plc. According to the rating agency, the stable outlook assigned to the bank indicates the bank’s business and financial profile will remain broadly unchanged over the next 12 months. It […]
New IMF Resident Representative to Jamaica Begins Duty
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The new International Monetary Fund (IMF) Resident Representative to Jamaica Bert van Selm has started duty in Kingston at the end of July. According to the IMF, van Selm has been with the Fund since 2000, and has worked on country teams in […]
