bank needs

Italy Seeks €20bn For Banks As Monte Dei Paschi Flounders

by

The Italian government will seek parliamentary approval to borrow up to €20bn (£17bn) to support its fragile banking sector and potentially rescue Monte dei Paschi di Siena. The country’s third-largest bank needs to raise €5bn in fresh capital by the end of the month. If Monte dei Paschi cannot arrange a private sector bailout, a … Read more

BoG’s Agric Incentive Facing Criticism

by

Criticisms have started pouring in at the recently launched GH¢100 million guarantee fund the central bank and other stakeholders launched to attract banks into lending more to agriculture. Known as the Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL), the initiative is aimed at courting commercial banks into agriculture financing to address the challenges … Read more