Culled—Proshare March 6, 2018/CBN The Central Bank of Nigeria (CBN) on Tuesday, March 6, 2018 gave a boost of $210 million to the interbank foreign exchange market. According to figures released by the Bank, the CBN offered $100 million to authorized dealers in the wholesale segment of the market, while […]
Money Market
FINCA Micro-Finance Bank celebrates 20 years of impacting Tanzania!
March 6, 2018/FINCA Microfinance Bank Tanzania FINCA Micro-Finance Bank (www.FINCA.co.tz), a leading financial institution in Tanzania is marking its 20 years of serving and creating impact in Tanzania. The bank was established in 1998 as a microfinance institution providing loans to SMEs and entrepreneurs and has now evolved into a […]
Interest Rates Beyond the Market
Culled—Proshare March 6, 2018/FBNQuest Research One stark conclusion from today’s chart is that term depositors are poorly rewarded when we adjust their rates for inflation. On the same basis, it appears that borrowers on the prime lending rate enjoy competitive terms. For the depositors, the advice would be to […]