21/3/2018/Fitch Ratings Continued increases in shadow-banking regulation should be a net positive for system-wide stability and liquidity if maintained over the medium term, says Fitch Ratings. Overall shadow-banking asset levels have remained manageable. However, more rapid growth in certain regions and activities is expected to attract additional regulatory scrutiny, given […]
Money Market
Ecobank, Mastercard Launches Discount Promotion With 9mobile On Masterpass QR Payment
March 21, 2018/Ecobank Nigeria Ecobank Nigeria and MasterCard have launched a discount promotion with 9Mobile Nigeria to drive the use of Masterpass QR payments at 10 of its Experience Centres in Lagos, Abuja and PortHacourt. Under the arrangement, consumers transacting business in any of the locations in the three cities in […]
Fitch Publishes Peer Review of Major South African Banks
15/3/2018/Fitch Ratings Fitch Ratings has published a peer review of the five main South African banks, which together supplied 94% of domestic credit at end-June 2017. As part of its peer rating review in December 2017, Fitch had affirmed the Long-Term Issuer Default Ratings (IDRs) at ‘BB+’ for Absa Bank […]
