U.S. bank profits rose 29.1% during the first quarter of 2021 from the previous quarter as banks adjusted expectations for future credit losses downwards, a bank regulator said on Wednesday.
The Bank of Canada is thinking in more concrete terms about how its digital currency might look and work but it does not currently see a strong case for issuing one, a deputy governor said on Wednesday.
Cameroon's government has received the go-ahead to issue loans on the international market worth 450 billion CFA francs ($845 million) this year, according to an order signed by President Paul Biya on Wednesday.
BPI bank is confident that the end of a moratorium on loan payments in September will go smoothly, the Portuguese bank's chief executive said on Monday.