Culled—Proshare March 6, 2017/Exchange News Highlights Capital Ratio (CET1 fully loaded) target of comfortably above 13 percent Intended capital increase of approximately 8 billion euros from the issuance of new shares with subscription rights Up to 2 billion euros of additional capital accretion targeted in next two years from asset […]
Updates
Morocco central bank okays five Islamic financial products
5/3/2017/Reuters Morocco’s central bank has approved the use of five types of Islamic banking transaction, giving a final regulatory nod for the country to launch an Islamic finance industry. Islamic banks and insurers are setting up in Morocco after new legislation allowed them into the market, and the central bank […]
CBN new forex policy fails to excite foreign investors
6/3/2017/Punch Foreign investors are still staying on the sidelines, waiting for the naira to float freely, as the latest foreign exchange policy of the Central Bank of Nigeria has failed to restore confidence, ‘FEMI ASU writes While the nation’s forex market has seen increased liquidity in recent days on the […]
