Commercial banks

NDPR: Can commercial banks publish personal data of violators of PTA / BTA guidelines on their websites, in accordance with CBN guidelines?

Recently, the Central Bank of Nigeria (“CBN”) issued a directive to commercial banks to post the personal information of customers who violate the provisions of its PTA / BTA guidelines (“Guidelines”) on their websites. Now from a data protection point of view this raises all kinds of red flags as …

Read More »

Strengthening the Risk-Based Internal Audit System for Commercial Banks: RBI Guv Das

Reserve Bank Governor Shaktikanta Das said on Monday that a fair and impartial audit is essential for a resilient economy because it inspires confidence in citizens. Speaking to officials at the National Academy of Auditing and Accounts, Das said the audit is important for the country because public spending decisions …

Read More »

Afghan dispatches: “central bank and commercial banks run out of dollar notes” – JURIST – News

EXCLUSIVE JURIST – Law students and lawyers in Afghanistan file reports with JURIST on the situation there after the fall of Kabul to the Taliban. Here, a lawyer from Kabul presents his personal observations and his take on recent banking and financial developments in Afghanistan. For reasons of confidentiality and …

Read More »

NDPR: Can commercial banks publish personal data of violators of PTA / BTA guidelines on their websites, in accordance with CBN guidelines? – privacy

To print this article, simply register or connect to Mondaq.com. Recently, the Central Bank of Nigeria (“CBN”) issued a directive to commercial banks that they post the personal information of customers who violate the provisions of its PTA / BTA guidelines (“Directive (s)”) on their website. . Now from a …

Read More »

Commercial Banks Call for More Mechanisms to Support Lower Interest Rates | Bank and finance

More loan packages According to the SBV, at the beginning of September this year, credit institutions exempted, reduced or lowered interest rates for more than 1.13 million customers with a total outstanding balance of more than 1.58 quadrillion of VND; granted loans to 628,662 new customers at a lower interest …

Read More »

Commercial banks in Seychelles implement monetary policies mandated by the Central Bank

Nouvobanq is currently working on its revised tariffs and will publish them shortly. (Nation of Seychelles) Photo license (Seychelles News Agency) – All Seychelles commercial banks have implemented the monetary policies announced by the Central Bank of Seychelles (CBS) in June after receiving an ultimatum to do so by October …

Read More »

Commercial banks face shortage of funds, likely to raise interest rates further after Dashain – myRepublica

KATMANDU, October 11: Banks are likely to raise interest rates on loans after mid-October, citing the lack of loanable funds available at home, caused by the excessive increase in imports and slow remittances. According to bankers, the country’s banking system faced a shortage of money supply to provide loans. “The …

Read More »

Akufo-Addo begs commercial banks to cut rates

Ghana’s banks were burned by the president in August for high lending rates. Akufo-Addo tasked the Board of Directors of the Bank of Ghana to ensure that the gaping gap between the central bank’s monetary policy rate and the commercial bank lending rate is closed. “This is a gap that …

Read More »

Catch-22: Small Farmers vs Commercial Banks

Commercial banks play an important role in the growth of the agri-food sector, says well-known agricultural economist Hamlet Hlomendlini. While they should lend money responsibly, it is also essential that they are not seen to discriminate against small farmers. South Africa is Africa’s largest food producer and one of the …

Read More »

Citi Big Idea: Central Commercial Banks Use Shared DLT for “Digital Currency Format War” – Ledger Insights

Given that this is how things work today and most laws are independent of technology, this likely would not require legislative changes and could dispense with the need for CBDC. The concept is to create a blockchain with levels and partitions, on which central banks play the same current role …

Read More »