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Jul 02nd
 
Banking
FX LIQUIDITY: Nigerian banks vulnerable, Moody’s warns
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Thursday, 02 July 2020
FX LIQUIDITY: Nigerian banks vulnerable, Moody’s warns
By Peter Egwuatu. Global rating agency, Moody’s, has issued fresh warnings that Nigerian banks are facing foreign currency liquidity pressures of the type seen during the 2016-2017 recession. In the report titled, “Nigeria: Renewed foreign-currency shortages highlight vulnerability for banks,....Read Full Article ...
 
Coronavirus adds to challenges facing Omani banks: Fitch
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Thursday, 02 July 2020
Coronavirus adds to challenges facing Omani banks: Fitch
LONDON — The spread of coronavirus will add pressure to Omani banks and a domestic operating environment that was already increasingly challenging prior to the...
 
NCB raises largest Murabaha facility in the Saudi banking sector
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Thursday, 02 July 2020
NCB raises largest Murabaha facility in the Saudi banking sector
JEDDAH — The National Commercial Bank (NCB), Saudi Arabia’s largest bank by assets, has raised a three-year unsecured $1.05bn Murabaha term facility. The first...
 
Global Forum on Transparency and Exchange of Information for Tax Purposes
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Thursday, 02 July 2020
Global Forum on Transparency and Exchange of Information for Tax Purposes
With 161 members, the Global Forum on Transparency and Exchange of Information for Tax Purposes is the leading international body working on the implementation...
 
New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME secto
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Thursday, 02 July 2020
New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME secto
The HKMA has introduced a number of measures recently to support the city’s 340,000 SMEs. Photo: Felix Wong. The HKMA has introduced a number of measures rece...
 
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Crisis watch

  • Dura aterragem na Venezuela
    A Venezuela está à beira do precipício. A ação concertada ainda pode evitar a sua queda. Mas quanto mais se atrase, mais venezuelanos morrerão por falta de medicamentos, pela má nutrição ou pela violência.
  • South China Sea Ruling Sweeps Away Diplomatic Ambiguities
    Tuesday?s ruling by the International Tribunal on the Law of the Sea has bought a little clarity to the problems in the South China Sea, but it has not made solving the underlying problems significantly...
  • China Hardens Position on South China Sea
    China has taken a leap towards clarifying its claims in the South China Sea, but in a direction that could intensify frictions.
  • Erdo?an?s Pyrrhic victory
    Paradoxes have always abounded in the relationship between the Turkish military and the country?s politicians. Turkey?s armed forces ? or factions within them ? have justified their repeated interventions in politics with claims that they...
  • Venezuela?s hard landing
    Venezuela is on the edge of the precipice. Concerted action may yet pull it back. But the longer it is delayed, the more Venezuelans will die from lack of medicines, malnutrition or violence.