Foreign currency deposits

The Central Bank of Libya (CBL) has announced fresh regulations for depositing foreign currency cash into bank accounts, a move the authorities say is aimed at improving transparency, strengthening financial …

International rating agency, Fitch Ratings, has reaffirmed the Long-Term Issuer Default Rating (IDR) of Ecobank Nigeria (ENG) at ‘CCC’. This means that while the bank’s financial standing remains challenged, it …