Economy of Iran
No Bonuses For Banks Staff As Mounting Debts Trigger Write-Offs
Staff of universal banks will be denied their bonuses this year as rising Non- performing loans in the sector crossed...
Banks’ Reports On Bad Loans Not Impressive
Despite a recent report by the Central Bank that overall performance of the banking sector as at July this year was...
Businesses Are Disintegrating – IMANI
A policy think-tank, IMANI Center for Policy and Education, has raised concerns about the rate at which businesses in...
Banks Squeeze Credit To Private Sector
Availability and ease of access to credit remains a huge challenge for the private sector. Latest data from the Bank of...
Nigeria Reserves Fall To $19bn As Non-Oil Exports Drop By 43%
The Central Bank of Nigeria’s portion of the foreign reserves fell to $19.44 billion as non-oil exports fell by over...