News

The country’s largest lender State Bank has slashed the interest rate on savings bank deposits by a hefty 25-50 bps to 2.5% from the existing 2.7%, the lowest o ...
In the past, lenders have fiddled with mortgage rates to prop up the bottom line. These days, analysts say they will look ...
A Libyan court has convicted the manager of the Jumhouria Bank branch in Riqdalin Municipality, a financial services ...
The two are essentially a mirror image on a company’s balance sheet—AP is a current liability, while accounts receivable is a current asset. AP is more than a set of bills to be paid since it ...
Net foreign assets of Sri Lanka's commercial banks rose to 1.74 billion US dollars in March 2025, up from 1.61 billion US ...
The ongoing dispute between the bank and the Trust is primarily a family feud between former and current trustees of Lilavati ...
Sri Lanka's Colombo Dockyard Plc, said it was in talk with a potential strategic investor after its main shareholder Onomichi ...
She responds candidly to concerns about ballooning profits, tough lending conditions, and how Zimbabwean banks are adapting ...
Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.
Stone Mountain Mayor Beverly Jones says she acted to protect city finances when she became the sole signatory on the city’s bank account.
Algeria’s growth path continues to be solid. However, the fiscal and external balance remain highly sensitive to oil and gas ...
and NRI accounts. With this move, Canara Bank becomes the first major public sector bank to completely do away with AMB-related penalties across all account categories. The decision aims to make ...