Tag: Bank

The Bank Is Disappearing—But Banking Is Everywhere

CUDFN Asanga Divulweva -
Not long ago, banking was all about location. You had to visit a branch to do just about anything:...

A new digital money bridge opens between the Maldives and India: Favara and UPI join hands!

Asia Sarojini P -
The Maldives (Commonwealth Union)_ India and the Maldives have taken yet another giant leap in strengthening their financial partnership...

Australian Commonwealth Bank: How global collaboration is accelerating CommBank’s next wave of innovation

Business & Trade Roshan Abayasekara -
The Commonwealth Bank of Australia (CommBank) has entered into a decisive phase of transformation. That is by positioning itself...

Bank of Canada Rate Decision: Will Policymakers Stay on Hold Despite Oil-Driven Inflation Risks?

Canada and Caribbean Roshan Abayasekara -
Economists believe that the Bank of Canada (BoC) is widely expected to retain rates on hold on Wednesday 25...

Access Bank Takes on Europe: A New Frontier

Europe admin -
(Commonwealth_Europe) Access Holdings Plc has announced a significant milestone with the establishment of The Access Bank Malta Limited, a...

How Did African Bank Achieve Record Profits?

Africa Warsha De Silva -
Africa (Commonwealth Union) _African Bank has achieved a remarkable R523 million net profit for its 2024 financial year, showcasing...
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AfDB Launches $100 Million Youth Entrepreneurship Bank in Nigeria

Africa Warsha De Silva -
Africa (Commonwealth Union) _ At the 90th birthday lecture of former Nigerian Head of State Yakubu Gowon in Abuja,...

20,000 Russian accounts closed by the largest bank in Cyprus

Europe admin -
(Commonwealth_ Cyprus) In a significant move reflecting the evolving geopolitical landscape, the Bank of Cyprus has closed approximately 20,000...

Budget Travel Hacks: How to Explore the World Without Breaking the Bank

Travel Vinoja De silva -
Traveling is one of life’s greatest pleasures, but without careful planning, it can quickly become a financial burden. Creating...

Exploring world without breaking the bank

Travel Warsha De Silva -
Hotels (Commonwealth Union) _ Booking a cruise can be a fantastic way to explore the world from a unique...

Bank of England’s rates remain steady

Real Estate Wasana Nadeeshani -
(Commonwealth) _ In its May meeting, the Bank of England (BoE) decided to maintain the bank rate at 5.25%,...

ISO certifications for Africa Export-Import Bank

News from the CWEIC Suraj Atapattu -
Africa (Commonwealth) _ Four ISO standards have been granted to the Pan-African due diligence platform, the Africa Export-Import Bank...

Bank of England holds interest rates at 5.25% for the fourth time in a row

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ The Bank of England's (BoE) monetary policy committee (MPC) has maintained interest rates at 5.25%. Six...

Bank of Canada index shows worst housing affordability in 41 years 

Canada and Caribbean admin -
  According to the Bank of Canada, housing affordability hit its worst level in more than four decades last quarter,...

How much do you know of the Indian american venture capitalist nominated by Biden to IDFC Board? 

Commonwealth Diaspora Sarojini P -
USA (Commonwealth Union)_ US President Joe Biden has put forth the nomination of Deven Parekh, a highly regarded Indian-American...

OPEC+, African producers inching closer to a compromise 

Business & Trade Suraj Atapattu -
Africa (Commonwealth) _ After the group of oil-producing countries had to postpone a crucial meeting due to differences over...