Money Market

Wema Bank Secures $10 Million Development Loan from Shelter Afrique

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s premier lender, Wema Bank Plc on Wednesday secured a $10 Million development loan from pan-African development finance institution, Shelter Afrique to boost real estate and mortgage financing in Nigeria. Segun Oloketuyi, managing director/chief executive officer (CEO) of the Wema Bank said the facility once […]

Bank Deleveraging in Eastern Europe Slows Slightly in Second Quarter of 2014

Oct 04, 2014 Press Release/IMF Vienna Initiative committee report also says that credit growth remains subdued. Bank deleveraging in central, eastern and south-eastern Europe (CESEE) slowed in the second quarter this year but credit growth remains subdued, according to a new report from the Steering Committee of the Vienna Initiative. […]

MasterCard Study Finds That Access Alone Doesn’t Drive Financial Inclusion

Ryan Erenhouse | November 4, 2014 | Insights & Research/Mastercard   MasterCard just released “A Progressive Approach to Financial Inclusion,” a study measuring adoption and degree of usage of financial products for 30 countries globally. The study from MasterCard Advisors used a data-driven approach to demonstrate three key principles that […]