The National Development Bank may become Botswana’s first wholly locally-owned private bank, according to a banking sector report complied by capital securities. Hitherto, commercial banks operating in the country were either wholly or substantially-owned by foreigners, a situation which made them susceptible to ignorance of the needs of the citizens of the country. The report […]
Bank guards must be properly screened
The killing of 10 bank employees in Cabuyao, Laguna last week could be treated with great caution next time bank companies hire the services of security guards or any of its employees. As standard operating procedures, the bank management concerned should properly screen its applicants or people who may recruited to provide services to the […]
The World Bank—–International Finance —-Part 1
Introduction Conceived during World War 2 at Bretton woods, New Hampshire, the World Bank initially helped rebuild Europe after the war. its the first loan of %250 million was to France in 1947 for post-war reconstruction. Reconstruction has remained an importent focus of the Banks work, given the natural disasaters, humanitarian emergencies, and post-conflict rehabilitation […]
Certus Appoints Richard Summerfield As Non-Executive Director
Oracle Platinum Partner Certus Solutions [www.certus-solutions.com] has appointed Richard Summerfield as a Non-Executive Director. Richard is currently the Group HR Director at global telecoms provider JT [Jersey Telecom], an Oracle HCM customer of Certus-Solutions since 2015. JT is also currently using Certus-Solutions’ ‘engage® Business Support Services’. Richard has over 20 years of corporate HR leadership […]
Barclays Bids Africa Goodbye
When Barclays opened its first branch in Africa in 1925, it was the first international bank to venture onto the continent. Originally a bank primarily for colonialists, Barclays is known for being a pioneer in emerging markets. This announcement, made in early March, was not unexpected, but was nonetheless surprising: Barclays has said they will […]
Nigeria: Inflation at 9.4% and the state of the economy
A good and encouraging record trickled from National Bureau of Statistics that inflation rate receded to 9.4% in July, the lowest so far in three years. This is a significant improvement from persistent inflation that was surging upward that compelled the Central bank of Nigeria (CBN) to aggressively tighten monetary policy. As of June the […]
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