Bank Archives - OZ Arab Media

Double your money – details of the 4-Year Bullet Certificate of Deposit from AAIB

The Arab African International Bank has provided many types of certificates of deposits to customers, including the four-year certificate with cumulative return, with interest reaching 100 percent at the end of the term. The bank explained that the interest on the Four-Year Bullet Certificate of Deposit is 100 percent of the certificate’s balance after the …

The post Double your money – details of the 4-Year Bullet Certificate of Deposit from AAIB appeared first on Egypt Independent.

Egypt Independent January 22, 2025

Bank chief doubts trade-war risk will cancel Christmas

Australia’s central bank has no great expectations of hard times in 2025, despite the threat of a global trade war

Australian Associated Press December 12, 2024

Top bank chief reveals why rates are still on hold

Reserve Bank chief Michele Bullock has used a speech to spell out why Australia’s central bank is yet to cut

Australian Associated Press November 30, 2024

How the 1874 Freedman’s Bank collapse connects to economic disparities we see today

In Savings and Trust, historian Justene Hill Edwards tells the story of the Freedman’s Bank. Created for formerly enslaved people

NPR NEWS November 8, 2024

TD Bank settles for over $3 billion in a money laundering case

In a historic settlement with US authorities, the American arm of Canada-based TD Bank has agreed to pay over $3

Weekly Blitz October 30, 2024

The Central Bank of Egypt report that fell on deaf ears

If the external debt were to increase by a dollar, a fierce storm would erupt against the government, and analyses,comments, and negative, discouraging expectations would follow in succession. However, the news of Egypt’s external debt declining to $160.6 billion at the end of March 2024, compared to $164.5 billion at the end of the first quarter of 2023/2024, has, as usual, passed unnoticed. There are no …

The post The Central Bank report that fell on deaf ears appeared first on Egypt Independent.

Egypt Independent September 26, 2024

This bank says ‘millions’ of people could be targeted by AI voice-cloning scams

London CNN — “Millions” of people could fall victim to scams using artificial intelligence to clone their voices, a UK bank has warned. Starling Bank, an online-only lender, said fraudsters are capable of using AI to replicate a person’s voice from just three seconds of audio found in, for example, a video the person has …

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Egypt Independent September 19, 2024

Implications for African NDC following Algeria’s joining BRICS New Development Bank

Algeria’s recent accession to the BRICS New Development Bank (NDB) marks a significant step not only for the North African

Weekly Blitz September 12, 2024

CBE announces 87% increase in remittances of Egyptians working abroad

The Central Bank of Egypt (CBE) announced an 86.8 percent increase in remittances of Egyptians working abroad during July, for the fifth consecutive month, reaching three billion dollars compared to about $1.6 billion during July 2023 – an unprecedented increase for the month of July. The CBE said in a statement on Monday, that remittances …

The post CBE announces 87% increase in remittances of Egyptians working abroad appeared first on Egypt Independent.

Egypt Independent September 10, 2024

Australian bank chiefs don’t rate a quick end to costs crunch

Difficult financial choices lie ahead for mortgage holders despite interest rates likely having reached its peak, banking executives say. In

Australian Associated Press August 30, 2024

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