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Congos Banking News. Service for global professionals. Constantly updated news and information about Congos.
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Latest Congos Banking News

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  • Inside the gold mine 8 Nov 2009 00:16 GMT
    ... For CEO Blankfein it comes down to one thing: finding ... capitals. But now the dark knights of banking are being forced, blinking, into the cold ... not mean running an HIV clinic in Kinshasa, it means getting top jobs in treasuries, ...

  • Central African states target higher 2010 growth 7 Nov 2009 13:31 GMT
    ... growth". The CEMAC consists of Cameroon, Gabon, Congo Republic, Chad, Central African Republic and Equatorial Guinea. ... prior written consent of Thomson Reuters. Central banks Macroeconomic stories, OECD reports Indicators Political news ...

  • Arkansas personal income rises to No. 46 7 Nov 2009 06:51 GMT
    ... the Gulf of Mexico, offshore Republic of Congo and deepwater Malaysia. The company also acquired an ... across the country who rely on food banks have been hit especially hard,” said Margaret McKenna, ...

  • White farmers move into Congo 5 Nov 2009 19:55 GMT
    ... square miles of land along the northern banks of the Congo River to develop as agricultural land. The ... poverty-stricken former French colony, also known as Congo-Brazzaville. Seventy white farmers have already established operations ...

  • Life In Kenya Sparked 'Phone Banking' Firm 3 Nov 2009 01:30 GMT
    ... ," says Carol Realini, CEO of Redwood City, Calif.-based Obopay. ... phones, has bet on growth in mobile banking by partnering with and investing $35 million ... were in Kenya ... ? store in Kinshasa, and it looked exactly like a bank. ...

  • RBS loses in the battle of the bailed-out banks 3 Nov 2009 21:33 GMT
    ... loses in the battle of the bailed-out banks For two British banks thrown into turmoil ... gold project in the Democratic Republic of Congo for about $114m (£69.6m), taking their combined holding ... "buy". Tesco, which is pushing into retail banking, had a compelling opportunity to take significant ...

  • Market overview: Banks a black spot 2 Nov 2009 12:54 GMT
    ... With both Lloyds Banking expected to announce a cash call this ... made early gains despite falls for the banks as resource stocks push ahead. Randgold has ... firmer grip on the Moto mine in Congo. Oil groups BP and Cairn are also going ...

  • Black morning for banks 2 Nov 2009 13:14 GMT
    ... formerly called Moto, for $113.6m from the Congo government. Following this transaction they will each hold ... & General Group (LGEN) 75.90p -3.31% Lloyds Banking Group (LLOY) 84.42p -3.00% British Airways (BAY) 177.00p ...

  • Miners cancel banking gloom 2 Nov 2009 11:54 GMT
    ... has overshadowed a bad morning for the banking sector, leaving the leading index in front. Sharply ... formerly called Moto, for $113.6m from the Congo government. Following this transaction they will each hold ...

  • 'No need to worry about Nigerian Banks'- Governor 5 Nov 2009 19:30 GMT
    ... “No need to worry about Nigerian Banks”- Governor The Central ... “At the end of the day, the banking institutions serve the people and they belong ... met the Nigerian Bank Governor in both Kinshasa and DRC he encouraged him to move ...

  • Analysis: China tries to wean Africa investors off state loans 6 Nov 2009 04:30 GMT
    ... from African governments before committing to projects, bankers and executives told Reuters. Chinese Premier Wen ... with loans on preferential terms from state-owned banks that support government policy objectives. But private ... hurt their cash flow. Many, especially in Congo, just left, while others sat on projects, waiting ...

  • China tries to wean Africa investors off state loans 4 Nov 2009 05:51 GMT
    ... from African governments before committing to projects, bankers and executives told Reuters. Chinese Premier Wen ... with loans on preferential terms from state-owned banks that support government policy objectives. But private ... hurt their cash flow. Many, especially in Congo, just left, while others sat on projects, waiting ...

  • ANALYSIS - China tries to wean Africa investors off state loans 4 Nov 2009 06:12 GMT
    ... from African governments before committing to projects, bankers and executives told Reuters. Chinese Premier Wen ... with loans on preferential terms from state-owned banks that support government policy objectives. But private ... hurt their cash flow. Many, especially in Congo, just left, while others sat on projects, waiting ...

  • Nigerian Central Bank Governor jets in 4 Nov 2009 19:50 GMT
    ... other stakeholders of recent developments in the banking sector in Nigeria. This visit comes in ... about a month ago in the DR Congo and then in Istanbul Turkey and had discussions ... Leone, where there is large presence of Banks with Headquarters in Nigeria to apprise them ...

  • Glance-FTSE closes up 1.2 pct; miners, oils surge 2 Nov 2009 17:50 GMT
    ... gold project in the Democratic Republic of Congo for about $113.6 million. Equities drew strength from ... Dutch Shell added 0.3 to 1.9 percent. BANKS MIXED Royal Bank of Scotland fell 7.8 ... include some divestments not initially contemplated. Lloyds Banking Group, also part-owned by the government, was ...


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