The renewed approach to the IMF failed to avert a one-notch ratings cut by Moody’s to “junk,” which cemented a rise in bond yields above 8 percent and pushed official interest rates to a two-year high. Rival rating agencies Fitch and Standard & Poor’s, both of which rate Hungary on […]

The relevance of the banking industry to national economic and social development is indisputable. In recent times, however, there has been a lot of revolution in that sector of the economy. The Central Bank of Nigeria has since 2009 embarked upon a series of reforms aimed at repositioning the banking […]

InvestAdvocate in it’s usual manner, captured a Question and Answer session at a recently held Breakfast meeting with Ahmed Kuru, Managing Director/Chief Executive Officer (MD/CEO) of Enterprise Bank Limited (EBL) and Business Editors: Excerpts. You said you would be a medium sized financial institution, given the dynamics of the industry […]