Banking

Agusto & Co. affirms Abbey Mortgage Bank's A3 rating

Rating agency Agusto & Co. has affirmed the 'A3' rating for Abbey Mortgage Bank. This affirmation highlights the bank's stable financial position as reported by THISDAYLIVE.

Oil firm challenges property sale in high court

Mahadi Energy Limited has sued in the High Court to stop Premier Bank from selling its properties in Nairobi and Mombasa over a claimed loan of Sh631 million. The firm says the loan was issued under Islamic Sharia laws and it has paid over Sh530 million, but the bank has not recorded the payments. This has left them without storage for their containers.

Cbe governor attends future leaders graduation at ebi

Hassan Abdalla, governor of the Central Bank of Egypt and chairperson of the Egyptian Banking Institute, attended the graduation ceremony for four new cohorts of the Future Leaders programme at the EBI. The event included deputy governors and board members, marking the graduation of 93 young banking professionals. Abdalla expressed pride in the programme, launched three decades ago to nurture sector talent.

Temporary SPEI suspension for maintenance this Friday

24 अक्टूबर 2025 Juan Pérez

The Bank of Mexico (Banxico) will suspend the Interbank Electronic Payment System (SPEI) from 6:00 p.m. to 8:00 p.m. on Friday, October 24, 2025, for scheduled maintenance. This pause will impact interbank transfers across most Mexican banks, so users are advised to complete operations in advance to avoid delays or rejections.

Crypto.com applies for OCC national trust bank charter

25 अक्टूबर 2025 Chris Blake

Singapore-based cryptocurrency exchange Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency for a national trust bank charter. The move aims to expand its federally supervised custody services for institutional clients. This follows similar efforts by firms like Coinbase and Circle in 2025.

bank bjb expands access to inclusive housing finance in Karawang

bank bjb supports the government's Program Pembangunan Tiga Juta Rumah by organizing a housing credit socialization event in Karawang Regency. The initiative aims to broaden financing access for low-income residents amid the area's industrial growth. The event drew high-level central and local officials to foster collaboration.