Wednesday, July 01, 2026

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Banks·News

February 21, 2026

Suez Canal Bank Sohag Branch Boosts Upper Egypt

Suez Canal Bank Sohag Branch has officially opened its doors, marking a major step in the bank’s expansion across Upper Egypt. The move reflects the institution’s commitment to strengthening financial inclusion and

Banks·News

February 18, 2026

KBC Bank Launches Crypto Trading with Crypto Finance

KBC crypto trading services are now live as the Belgian banking group expands into digital assets through a partnership with Crypto Finance. The new offering allows retail investors to access crypto assets

Banks·News

January 28, 2026

MegazoneCloud and Hana Bank Partner to Drive AI-Powered Digital Financial Services

In a move that signals a growing intersection of artificial intelligence (AI) and financial services, MegazoneCloud has partnered with Hana Bank to explore and develop innovative solutions in the AI and cloud

Leadership Change in South Sudan’s Central Bank Amid Economic Pressures

South Sudan President Salva Kiir has dismissed Yeni Samuel Costa from his role as central bank governor and reappointed Johnny Ohisa Damian, marking the latter’s third tenure in the position since 2022.

January 24, 2026

Banks·News

BGFIBank Takes Over 70% of Gabon’s New Bank Lending in Q1 2025

BGFIBank Gabon dominated the country’s banking sector in the first quarter of 2025, accounting for a staggering 71.29% of all new bank credit issued. This figure marks a sharp increase from the

January 21, 2026

Banks·News

African Development Bank Launches AUD 1 Billion Social Bond for Sustainable Growth in Africa

On January 13, 2026, the African Development Bank (AfDB) successfully priced its largest-ever AUD 1 billion 5-Year Social Kangaroo Benchmark Bond, marking a significant step towards funding social development projects across Africa.

January 21, 2026

Banks·News

ECB’s Fabio Panetta Sees Fully Digital Commercial Bank Money in the Future

In a bold statement on January 21, 2026, Fabio Panetta, a prominent policymaker at the European Central Bank (ECB), predicted that commercial bank money would eventually become fully tokenized, aligning with central

January 21, 2026

Banks·News

Biggest Bank Lenders in Kenya in 2025: Leading Credit Providers in the Economy

In 2025, Kenya’s banking sector continued to play a crucial role in driving economic activity by providing credit to households, businesses, and the public sector. Despite economic headwinds and a tightening monetary environment,

January 11, 2026

Banks·Digital·Economy·News

Banks Respond to Proposed 10% Cap on Credit Card Interest Rates

In response to the Administration’s proposal to impose a temporary 10% cap on credit card interest rates, major banking and financial services organizations have raised concerns about the potential negative impact on

January 10, 2026

Banks·News

Bali Proposes Bank-Statement Requirement for Tourists, Raising Concerns for Australian Travelers

Bali is considering implementing a new policy requiring incoming tourists to present three months of bank statements upon arrival, confirming their “financial adequacy” for their stay. The proposal, aimed at curbing unruly

January 10, 2026

Banks·News

Closure of Last Bank in Gillingham: Impact on Older Residents and Local Businesses

The closure of Lloyds Bank’s branch in Gillingham, Dorset, has sparked concerns within the community, particularly for older residents and local businesses. The branch, which closed on Thursday, January 7, 2026, marks

January 10, 2026

Banks·News

Flutterwave Acquires Open Banking Startup Mono

Flutterwave, one of Africa’s largest and most successful payments technology companies, has announced its acquisition of Mono, a leading provider of open banking infrastructure. Flutterwave Acquires Open Banking Startup Mono. The all-stock

January 9, 2026

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