Monthly Archives: April 2021

Exposure of commercial bank loans to government reaches 1.8 trillion naira | The Guardian Nigeria News

As the loan portfolio of commercial banks exceeds 20tr Total commercial loans to government, at all levels, amounted to N1700 billion at the end of last year, an increase of about 18% from the N1.5 trillion reported in December 2019. This comes as the total stock of commercial loans taken …

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RBI partially lifts freeze on dividend declarations by commercial banks for fiscal 21

The Reserve Bank of India (RBI) partially lifted the freeze on dividend declarations by commercial banks for the fiscal year ended March 31, 2021. It also enabled cooperative banks to pay dividends on the shares of the profits for the fiscal year ended March 31, 2021 in accordance with the …

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Bitcoin boom fuels struggle for money creation

Receive free Bitcoin updates We will send you a MyFT Daily Summary email gathering the latest Bitcoin news every morning. If you’ve taken a college course in economics, you’ve probably learned a simple story about money. First, people were bartering. But the barter was difficult because it takes a “double …

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Non-interest income and commercial bank stability: some evidence for India

The impact of the share of non-interest income on bank risk in India for the period 1993-2018 is examined, using coefficients of variation and linear and quantile regression techniques. The higher share of non-interest income leads to diversification benefits and reduces bank risk. The share of non-interest income has declined …

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Liberia: CBL official denounces lack of commercial banks in five counties

Central Bank Deputy Governor Musa Dukuly said the lack of commercial banks in five of Liberia’s fifteen political subdivisions contributes to the country’s devastating state of the economy. Speaking on Wednesday April 14 at the Edward Wilmot Blyden Intellectual Forum organized by the Press Union of Liberia (PUL), Dr Dukuly …

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