Under the partnership, KBA and Huawei will also aim to promote financial inclusion activities in line with the KBA Strategic Plan for the period 2020 to 2023 September 28, 2020/Huawei Partnership seeks to promote tech-led financial inclusion as well as Fintech ICT Capacity; The two organizations have convened a summit […]
Money Market
African banks – finding balance between post-pandemic challenges and opportunities
September 28, 2020 Article Credit: Baker McKenzie In a post-pandemic environment, African banks will have to navigate not only an economy in recession, but one where there will be many disruptors to existing business models and a rapid acceleration of existing trends such as digitalisation, cybercrime and the importance of […]
LDR Policy: Plausible But Insufficient to Stimulate Growth
Culled—Proshare September 24, 2020 By CSL Research At the recently concluded MPC meeting, the Central Bank Governor, Godwin Emefiele disclosed that the total credit to the economy rose to N19.33tn in August 2020 from N15.57trn in May 2019 as a result of the minimum Loan to Deposit Ratio (LDR) policy […]
