Money Market

Federal Reserve Board releases results of annual bank stress tests as large banks Remain Liquid

June 24, 2021/US Federal Reserve The Federal Reserve Board on Thursday released the results of its annual bank stress tests, which showed that large banks continue to have strong capital levels and could continue lending to households and businesses during a severe recession. “Over the past year, the Federal Reserve […]

Ecobank Celebrates MSME Week; Propose Cutting Edge Solutions

June 24, 2021/Ecobank Nigeria The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has restated the Bank’s unwavering commitment to supporting and sustaining the development of Micro, Small and Medium Enterprises (MSMEs) in all sectors of the economy.  In his message to the celebration of this year MSME week, Akinwuntan said he […]

Moody’s Completes Periodic Review of Ratings of Fidelity Bank Plc

June 23, 2021 By Moody’s Investors Service  Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Fidelity Bank plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 14 June 2021 in which […]