The Latest Breaking News on Financial Services

The Central Bank of Egypt (CBE) said that the Egyptian remittances increased 1.6% to about $31.9 billion during fiscal year (FY) 2021/22, compared to about $31.4bn last year. The CBE said on Tuesday that the period from April to June 2022 witnessed an increase in those transfers by 3%, to…

Reserve Bank Australia says households may struggle to repay debts as asset prices will probably become more volatile

More than a third of those were from Forth Valley areas.

Financial institutions are expected to report their environmental loan strategies and related targets to the Bank of Thailand from next year as the country attempts to transition to a green economy.

Former chancellor says rival’s economic proposals could ‘spook international investors’

Pope Francis on Tuesday acted to eliminate wiggle room or foot- dragging by Vatican departments in imposing tighter financial controls, setting a deadline for the closing of investment portfolios in foreign banks, including in Italy.

Barclays at The Forum shopping centre, Wallsend, has traded since 1969, but its imminent closure comes at a time when most customers are banking online and branches are closing around the UK

Saudi Arabia's Public Prosecution has arrested 11 people for forming a criminal organization and impersonating bank employees with the purpose of stealing money from the bank accounts of Saudi citizens and residents. The Public Prosecution said its Financial Fraud Unit investigated the case and found the 11 suspects used a…

JAKARTA: Indonesia's central bank raised its benchmark interest rate for the first time since 2018 on Tuesday, stepping up monetary tightening to fight rising inflation.

Growth in lending products drove the private bank's positive trend

U.S. President Joe Biden's administration will press ahead with talks on releasing billions of dollars in Afghanistan's foreign-held assets despite the late al Qaeda leader's presence in Kabul and foot-dragging by the Taliban and Afghan central bank, according to three sources with knowledge of the situation.