Money Market

GTBank Named Best Bank in Africa at Euromoney Awards

…….…Also emerges Best Bank in Nigeria for a record 9th time July 12, 2019/jspcommunications Foremost African financial institution Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the […]

Leading South African Microfinance Institution Selects Temenos to Deliver Personalized Digital Customer Experiences

July 11, 2019/Temenos Temenos (SIX: TEMN) (www.Temenos.com), the banking software company, today announces that Barko Financial Services selected Temenos software to replace its legacy systems, in both core and front office, to offer a compelling and personalized customer experience. The microfinance institution will use cloud-native, cloud-agnostic Temenos T24 Transact, the […]

CBN Issues Guidelines on Accessing Standing Deposit Facility WEF July 11, 2019

July 10, 2019/CBN With reference to the circular to all Banks and Discounts Houses, Re: Guidelines on Accessing the CBN Standing Deposit Facility, Ref: FMD/DIR/GEN/CIR/05/020 and dated November 06, 2014, after further review: The remunerable daily placements by banks at the SDF shall not exceed N2billion. The SDF deposit of […]