December 14, 2020 by Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has taken various ratings actions on some ratings of 32 banks across 10 African countries: Angola, Democratic Republic of Congo, Egypt, Ghana, Kenya, Morocco, Nigeria, Tanzania, Tunisia and Uganda. The rating actions are driven by changes in the local […]
Money Market
Q3 2020 Banking Sector Data: E-Payments on an Upward Trajectory
December 14, 2020/Proshare by FBNquest Research The latest data from a NBS series, produced in collaboration with the CBN, reveal that 2.8 billion transactions valued at NGN320trn were recorded on electronic payment channels in Q3 ’20. Online transfer transactions dominated the volume of transactions, with 1.5 billion (54% of the […]
Chase, Air Canada and Mastercard Announce Partnership to Launch a Credit Card in the U.S.
Multi-year agreement will bring U.S. customers rich rewards and flexibility offered by the airline’s newly revamped Aeroplan loyalty program December 14, 2020/Mastercard Today Chase, the largest co-brand card issuer, and Air Canada, Canada’s largest airline and a Star Alliance founding member, announced a strategic partnership that will make Chase the […]
