August 19, 2016/IMF An International Monetary Fund (IMF) staff mission, led by Mr. Daniel Leigh, visited Paramaribo from August 8 to 18, to initiate discussions on the first review under Suriname’s Stand-By Arrangement (SBA) with the IMF. At the conclusion of the visit, Mr. Leigh issued the following statement: “The […]
Updates
NEXIM Bank to help generate $5bn yearly with facilities for exporters
August 19, 2016/NEXIM Bank By Bashir Wali Pull quote: “The funds are expected to attract and incentivize new and additional investments to the non-oil export sectorand enhance their competitiveness.” The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The funds are […]
Access Bank Plc: HY’16 Earnings Benefit from Cost Containment
August 19, 2016/Cordros Research Access Bank Plc (ACCESS) released its half year 2016 earnings report earlier today. Annualized EPS was N3.22 significantly ahead of our estimate of N2.02 and consensus estimate of N2.09. Return on Average Equity was 25.43% significantly ahead of our 15.2% estimate. The bank also declared an […]
