Monthly Archives: February 2021

Ethiopia: Npl of commercial banks soars due to Tigray conflict

Commercial banks in Ethiopia are seeing an increase in non-performing loans (NPLs) as clients based in the besieged region of Tigray are unable to repay their loans. Since war broke out between the forces of the defunct Popular Front for the Liberation of Tigray (TPLF) and the Ethiopian National Defense …

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How fintech companies struggle with commercial banks in Nigeria

It is well known that FinTech companies use technology to provide customers and clients with easier ways to manage their finances. However, while some might say they do this better than commercial banks, there is no indication that commercial banks are the losers, as commercial banks remain widely used in …

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Cemac: commercial banks renew their interest in BEAC liquidity injections

(Business in Cameroon) – During its liquidity injection operation on January 26, 2021, the Bank of Central African States (Beac) injected FCFA 193 billion into banks operating in the CEMAC region, sources indicate official. This is considerably higher than the XAF 30-80 billion weekly liquidity captured by the same banks …

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