bank

Fitch says China, sovereign debt to be key drivers of African bank stability in 2023

(Agence Ecofin) – Fitch Ratings, while welcoming the resilience of African banks in the face of complex domestic and international economic conditions, sees continued imbalances in China or debt crises in countries in the region as risks to monitor. Rating agency Fitch Ratings estimated in its 2023 outlook that government debt and the development of …

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Central Bank: Stable prices, this goal is sometimes difficult to achieve

In a crisis economic context, conventional monetary policy tools may prove ineffective. While the central bank has already significantly lowered its key interest rate by placing it very close to 0% (what we subsequently call the lower bound of zero), it may face two difficulties: Inflation remains persistently below the central bank’s target, and inflation …

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Raising money or backing when starting a business: two tracks for two different situations

It is common for start-ups to raise capital in order to support their development. Behind this operation, there is first a need to fund an identified development project that is included in the business plan related to the product/marketing/sales/human resources/etc. roadmap that will enable accelerated growth. However, in some cases, the funds raised may not …

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Monetary stats: Bank lending advances, so does cash

Despite the rise in key interest rates, all components of banks’ outstanding loans were on the rise in October, while non-performing loans continued to widen. On the other hand, liquidity in circulation has picked up again. Bank Al-Maghrib’s latest monetary statistics show that bank credit to the non-financial sector grew by 0.6% in October 2022. …

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