Keywords: BANQUE


Turkey weighs participation in Canada-led global defence bank after NATO summit

Turkey is continuing to evaluate whether to join the newly proposed Defence Security and Resilience Bank (DSRB), a multinational initiative spearheaded by Canada to strengthen defence financing and security cooperation among partner countries. Defence ministry sources said Ankara has not yet reached......

Reda Hilali retains top MENA ranking as Wafa gestion expands asset management leadership

Moroccan asset management executive Reda Hilali has once again been recognised among the Middle East and North Africa's leading investment professionals, maintaining his position in Forbes Middle East's annual ranking of the region's top asset managers. Hilali, Chief Executive Officer of......

Growth: The French Economy Maintains a Positive Trajectory in the Second Quarter of 2026

The French economy continues its growth trajectory in spring 2026. According to the latest economic survey published by the Bank of France, the gross domestic product (GDP) is expected to increase by 0.2% in the second quarter, matching the pace observed during the first three months of the year. This......

Bank of Canada expected to keep interest rates unchanged as inflation pressures ease

The Bank of Canada (BoC) is widely expected to leave its benchmark overnight interest rate unchanged at 2.25% during its upcoming policy meeting on July 15, reflecting growing confidence that inflation is stabilizing while the country's economic recovery continues to strengthen. A Reuters survey......

ECB faces renewed inflation challenge as US-Iran conflict pushes energy prices higher

The European Central Bank (ECB) is once again confronting mounting inflationary pressures as renewed hostilities between the United States and Iran drive energy prices higher, complicating the eurozone's monetary policy outlook. Speaking on Friday, Yannis Stournaras, a member of the ECB's Governing......

Morocco secures €205 million African Development Bank loan to expand high-speed rail network

Morocco is strengthening its railway ambitions with a €205 million financing agreement from the African Development Bank to support the expansion and modernization of its rail infrastructure network. Approved by the bank’s board of directors during a meeting in Abidjan, the funding will finance......

Venezuela urges King Charles III to release frozen gold reserves for earthquake recovery

Venezuela's interim president Delcy Rodríguez has appealed to King Charles III to facilitate the release of approximately 30 tonnes of Venezuelan gold held at the Bank of England, arguing that the assets are urgently needed to finance reconstruction efforts following the country's devastating......

South Korean bank manager fired after replacing stolen cash with fake banknotes

A branch manager at a South Korean bank has been dismissed after an internal investigation uncovered an unusual embezzlement scheme in which stolen cash was replaced with counterfeit-looking notes purchased online. The incident took place earlier this year at a branch of Saemaul Geumgo in the city of......

Tanzania strengthens foreign reserves with 28-ton gold acquisition

Tanzania has significantly expanded its official gold reserves, with the Bank of Tanzania purchasing approximately 28 metric tons of gold over the past 18 months as part of a broader strategy to reinforce foreign exchange reserves and support the national currency. According to central bank Governor......