Banking

January 26, 2022

Parallex Bank Commences Operation, Promises Innovative Products

As the latest entrant into the commercial banking sector in Nigeria, Parallex Bank, has promised to redefine the sector with innovative digital products.

This, according to them, would help to redefine the banking"...

January 25, 2022

Fidelity Bank Enriches Customers, Holds Promo Draw-

Fidelity Bank Plc, has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5) which held recently in Victoria Island, Lagos.

The event was witnessed by representatives of"...

January 24, 2022

BAM Meets Demand As Moroccan Banking Sector Recovers

Fez - Bank Al-Maghrib (BAM), Morocco central bank, met all of the banking demand for liquidity during the week of January 14-20, 2022, according to a recent report by the Attijari Global Research (AGR).

Published"...

January 17, 2022

Moroccan Dirham Depreciates Against Euro

Rabat - The Moroccan Dirham (MAD) lost 0.36% of its value against the Euro while remaining stable against the US dollar between January 6 and January 12, according to data from Bank Al-Maghrib (BAM).

Regarding"...

January 14, 2022

The Future of the Point of Sale Is Here: Visa Pioneers Cloud-based Payment Acceptance

Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular “Tap to Phone” solution, VAC will let acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players...

January 14, 2022

Mary Kay Continues Its Commitment to Skin Science

Mary Kay Inc., one of the world’s innovative skincare companies, participated at two renowned European conferences in late 2021. At the 19th Aesthetic & Anti-Aging Medicine World Congress, Mary Kay Inc. submitted a scientific poster on the usage and tolerability of a highly concentrated retinol formula in Asian skin. Mary Kay Inc. also partnered with the...

January 14, 2022

World Bank Reinforces Morocco’s Modern Development Project

Rabat - As Morocco’s GDP expects to grow by 3.2% in 2022, implementing a multifaceted reform agenda is crucial to achieving broad-based growth and job creation in the country, according to the World Bank’s latest report.

Titled"...

January 13, 2022

World Bank Forecasts 3.2% Economic Growth for Morocco in 2022

Rabat - The World Bank’s latest reporting forecasts Morocco’s GDP to grow by 3.2% in 2022.

The World Bank forecast for Morocco’s economy was part of the institution’s Global Economic Prospects"...

January 3, 2022

Attijariwafa Bank Successfully Closes Two Bond Issues

Attijariwafa Bank, Morocco’s leading commercial and financial banking group, has announced to have successfully closed its two bond issues launched on December 21 last year.

Attijariwafa Bank said in a statement"...

December 22, 2021

Morocco’s Central Bank to Maintain Benchmark Interest Rates at 1.5%

Rabat - Bank Al-Maghrib (BAM), Morocco’s Central Bank, announced today its decision to maintain interest base or benchmark interest rates at 1.5%, saying the move is in line with Morocco’s positive post-COVID recovery projections.

The"...