January 16, 2025/US Federal Reserve The Federal Reserve Board on Thursday announced its approval of the proposal by First Busey Corporation, of Champaign, Illinois, to merge with CrossFirst Bankshares Inc., and thereby indirectly acquire CrossFirst’s subsidiary bank, CrossFirst Bank, both of Leawood, Kansas. The Board also gave its approval for […]
Updates
AFC Earns Top AAAspc Rating from S&P Global (China) Ratings
The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30% January 16, 2025/AFC Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., […]
EBRD Marks Year of Record Investment in Egypt in 2024
January 16, 2025/EBRD By Nibal Zgheib Image Credit: EBRD EBRD invested over €1.4 billion in Egypt in 2024, 84 per cent in the private sector €765 million disbursed in 2024 to support the implementation of key projects Bank invested over €2.4 billion in 50 new projects in the SEMED region in 2024 Egypt was […]
