Keywords: Banking
Maghrebail concludes the first half of 2026 with a strong growth momentum, driven notably by the increase in its financing activities and equipment acquisitions. The company reports rising indicators, with an increase in its net banking income, revenue, and outstanding amounts by the end of June. Maghrebail's......
Futures tied to Canada’s main stock index are moving in different directions on Wednesday morning. Investors are welcoming the strong results from the National Bank of Canada while remaining cautious about the escalating trade tensions between Ottawa and Washington, as well as the upcoming US inflation......
The International Finance Corporation (IFC) is preparing a new investment mechanism aimed at addressing distressed debt in Morocco and helping financial institutions improve the management of non-performing assets. The initiative is being developed in partnership with German company EOS and could involve......
The Moroccan dirham experienced contrasting movements against major currencies during the period from August 13 to 19, 2026. According to data from Bank Al-Maghrib (BAM), the national currency strengthened against the US dollar while losing ground against the euro. This development occurs in a foreign......
The European Central Bank is leaning toward approving UniCredit's bid for Commerzbank, according to an internal document outlining the central bank's preliminary assessment of the proposed transaction. The potential takeover would bring together two major European banking groups and could create......
Citigroup has appointed Jean-Baptiste Charlet to lead its operations in France, bringing in a senior Morgan Stanley veteran with more than three decades of experience in financial markets. Charlet will take the formal position of Citi Country Officer and Banking Head for France, giving him responsibility......
British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......
Morgan Stanley is expanding its investment banking capabilities in the industrial sector by recruiting veteran banker Adam Kweskin from Bank of America, reinforcing its advisory platform in a market where infrastructure and industrial investment remain strategic priorities. The appointment reflects......
State Bank of India (SBI) reported stronger-than-expected quarterly earnings, driven by sustained loan growth that reinforced investor confidence and lifted the bank's shares in early trading. The results underline the resilience of India's banking sector as credit demand continues to support......
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