Caucasus Banking Industry Newswire

Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties

Reserve Bank of Australia (RBA) at the central bank's building in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, …

Australia’s Central Bank Cuts Interest Rates for the First Time Since 2020

The Australian dollar briefly went up after the decision before reversing its gains. Australia’s central bank lowered its interest rates for the first time since the 2020 pandemic because inflation is getting closer to the top of its 2-3% target. The bank …

Mauritius Commercial Bank CEO Thierry Hebraud: ‘Africa’s financial sector is at an inflection point’

untapped business opportunity By Kervin Victor Posted on February 17, 2025 11:01 Thierry Hebraud, CEO of Mauritius Commercial Bank (MCB), speaks with The Africa Report about Mauritius’s economic outlook, the shifting dynamics of Africa’s banking sector, …

High banking costs reflect broader economic trend, says former Central Bank Governor

NASSAU, BAHAMAS — A former Central Bank Governor has stated that while banking services in the Bahamas are high, this issue should not be viewed in isolation, as other sectors in the economy display a similar pattern of high costs when compared to other …

Nigerian Central Bank Orders Resignation Of Directors Involved In Non-Performing Insider-Related Loans

This directive was conveyed by Adetona Adedeji, the Acting Director of Banking Supervision. The Central Bank of Nigeria has ordered the immediate resignation of bank directors involved in non-performing insider-related loans.  This directive was conveyed …

Goldman raises gold target to $3 100 on central-bank appetite

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the metal. Central-bank demand may average 50 tons a month, more …

Central bank’s credit controls cooling housing market

The central bank’s credit control measures are cooling the housing market, as seen in a moderation of transactions, a shift in market sentiment and an increased ratio of first-home buyers. The bank’s observations were detailed in a report it yesterday …

Australian central bank cuts benchmark interest

Australia’s central bank yesterday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. The Reserve Bank of Australia (RBA) reduced the cash rate by a quarter percentage point from 4.35 percent to 4.1 …

The Central Bank of the Russian Federation set the official exchange rate of the yuan on February 19 at 12.4167 rubles

AK&M 18 February 2025 19:48 The Central Bank of the Russian Federation set the official exchange rate of the yuan on February 19, 2025 at 12.4167 rubles against 12.4935 rubles on February 18. Yuan exchange rate for the last 5 days: 02/18/25 – …

The Central Bank of the Russian Federation set the official euro exchange rate on February 19 at 95.6693 rubles

AK&M 18 February 2025 19:43 The Central Bank of the Russian Federation set the official euro exchange rate on February 19, 2025 at 95.6693 rubles against 95.8048 rubles on February 18. The euro exchange rate for the last 5 days: 02/18/25 – 95. …

Central Bank Report on Inflation

The Central Bank forecasts a higher inflation rate for the end of 2025 than previously estimated Foto: Tumisu / pixabay.com Leyla Cheamil, 18.02.2025, 14:00 The National Bank of Romania has increased its inflation forecast for the end of this year to 3 …

Goldman Sachs raises gold forecast citing strong central bank demand

Global banks predict gold prices will stay high in 2025, potentially reaching $3,000 due to geopolitical uncertainty, while Goldman Sachs revised its price target upwards citing sustained central bank demand. Goldman Sachs raised its year-end 2025 gold …

Business Daily » Central Bank redeems Sh50bn bonds before maturity date

Central Bank Sets Bank Working Hours in Jordan During Ramadan

Australia's central bank cuts key interest rate for first time since 2020

The Reserve Bank of Australia says it will cut its key interest rate by a quarter of a percentage point, as the nation's inflationary pressure continues to ease. The RBA board decided on Tuesday to set its cash rate target at 4.1 percent, its first cut …

PM: Central bank and government must work together

Paetongtarn says improving credit access for small business a key to growth PUBLISHED : 18 Feb 2025 at 14:26 Thailand’s government will push for 3.5% economic growth this year and will seek to work more closely with the central bank to support small …

ING expects cautious approach to further rate cuts from Romania's central bank this year

Romania's central bank may resume interest rate cuts in the second half of 2025, though policymakers are likely to proceed cautiously amid persistent inflation risks and fiscal uncertainty, ING Bank analysts said on Monday, February 17.  The National …

S-African central bank director issues caution regarding populism

(MENAFN) South African Reserve bank (SARB) Governor Lesetja Kganyago has cautioned against the rise of populist leaders, emphasizing the risks they pose to critical institutions such as central banks. Speaking at the Arbitration Foundation of Southern …

Australian central bank cuts interest rates for 1st time in over 4 years

SYDNEY, Feb. 18 (Xinhua) -- Australia's central bank on Tuesday cut interest rates for the first time in over four years. The board of governors of the Reserve Bank of Australia (RBA) announced a decision to lower the cash rate target by 25 basis …

Ignition debuts first-to-market AutoPricing to automate growth for services businesses

SAN FRANCISCO, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Ignition, the leading revenue operations platform for services-based businesses, today introduced AutoPricing, a suite of industry-first pricing automation capabilities …

Eric Cook Honored as 2024 IFA Franchisee of the Year

PRUDENVILLE, MI, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Eric Cook, agency owner and proud member of the WSI global digital agency network, has been named a 2024 Franchisee of the Year by the International Franchise Association ( …

TaxZerone Reminds Businesses to File Form 7004 for a Tax Filing Extension

TaxZerone Offers Businesses a Simple, Secure, and Affordable Way to Extend Tax Filing Deadlines with Form 7004 SAN JOSE, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The tax season for businesses is now upon us, and with the …

TENEX.AI Announces Cybersecurity Veteran Jason Zann as Strategic Advisor

TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- TENEX.AI, an AI-native cybersecurity company redefining enterprise security, today announced that Jason Zann has joined its advisory board. A recognized leader in threat …

Colorado Local Businesses Brings Directory for Small Businesses to Colorado

Colorado’s Thriving Small Business Community Now Has a Dedicated Online Platform BROOMFIELD, CO, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Colorado’s thriving small business community now has a dedicated online platform with the …

Helping Indians Choose Smarter: WalletWalk’s Approach to Credit Card Comparisons

HYDERABAD, INDIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- WalletWalk Helps Indian Consumers Unlock Maximum Value from Their Credit Cards Millions of Indians own credit cards, but how many are truly maximising their benefits? From travel perks …

Dwinity reveals digital twin of a human and first decentral data back-up at Web Summit Qatar 2025

Dwinity introduces its new approach to data ownership: This platform allows users to securely store their data, far from the control of major tech companies. GRüNWALD, BAVARIA, GERMANY, February 18, 2025 /⁨EINPresswire.com⁩/ -- In a world where …

Construction Firms Eliminate Multi-Entity Financial Headaches with hh2’s Enhanced Sage Intacct Integration

hh2 automates multi-entity financials in Sage Intacct, eliminating manual adjustments, reducing errors, and ensuring ERP flexibility as contractors scale. KAYSVILLE, UT, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Managing financials …

investorTV to Host Live Panel: '2025 Market Outlook: Gold, Commodities, and the Global Economy' on February 21, 2025

This live panel discussion will feature industry leaders sharing insights into gold’s record performance, commodity market dynamics, and global economic trends. SINGAPORE, February 19, 2025 /⁨EINPresswire.com⁩/ -- investorTV, a digital platform …

Angela Buckalew: A Trusted Expert in AED Training and Emergency Preparedness

Angela Buckalew, CEO of CorVita, is a leader in AED training, emergency response, & AED innovation—saving lives through education & technology. CINCINNATI, OH, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Angela Buckalew: A …

Renew Financial Expands Residential PACE Financing to Unincorporated Hillsborough County

Homeowners in unincorporated Hillsborough County can now access residential PACE financing, joining over 154 other Florida jurisdictions. TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Renew Financial, the pioneer and a …

BUUZ App for iOS Ushers in New Era for the Discovery and Sharing of Events in Los Angeles

LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- BUUZ, a new AI-powered application from BUUZ Inc., is disrupting the event space by offering a new way for users to find, attend and share events in Los Angeles. Leveraging …

Advanced Folio Capital Management CEO Eric Weschke on How To Create a Solid Financial Strategy When Times Get Tough

EAST SETAUKET, NY, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- As markets continue their historic bull run, financial experts are raising concerns about the potential for an upcoming correction. Investors who feel confident in their …

Entech Announces the Appointments of 2 New Regional Vice Presidents

Entech, a Southwest Florida MSP, appoints Henry Decoo and Vlad Popovic as Regional VPs to expand market presence, foster partnerships, and drive growth in IT. FORT MYERS, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Entech, a …

Emigres doing the ‘Donald dash’ offered free advice by UK lawyers

UK immigration law firm offers free advice to ‘Donald dashers’—Americans seeking to relocate amid political shifts. TX, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- A British legal firm which specializes in immigration and visa law is …

Concierge Auctions Announces Bidding Now Open for Dubai Global Sale in United Arab Emirates

Bidding is now open for over US$78 million in marquee real estate offerings, closing live on 25 February at The Ritz Carlton Hotel in Dubai NEW YORK, NY, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Concierge Auctions is pleased to …

Tax Relief in California: IRS Grants Deadline Extension for Wildfire Victims Until October 15, 2025

Discover extended IRS deadlines and tax relief for California wildfire victims, available until October 15, 2025. MIAMI, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- As California grapples with the aftermath of devastating …

Texas Companies Embrace Comprehensive Financial and Accounting Strategies Amid Evolving Regulations

Companies are adopting comprehensive strategies for financial and accounting in Texas to navigate evolving regulations effectively. MIAMI, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, February 10, 2025- In the …

Small Businesses Struggle to Cut Overhead; Turn to Factoring

As rising costs squeeze small businesses, Main Street explores new ways to manage overhead costs without cutting growth. HOUSTON, TX, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Leading invoice funding company Charter Capital says …

Exigent Technologies Repeats Top Global MSP Honor

Managed IT services provider honored as Pioneer 250 on The Channel Company’s prestigious list of top 500 IT services firms MORRISTOWN, NJ, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Technology services partner Exigent Technologies …