Financial institutions in emerging markets are expected to witness a negative outlook over 2021 owing to the COVID-19 pandemic and the economic recoveries that will follow as well as political and trade uncertainties, a report by Moody’s read on Monday.
EBI SA, the international subsidiary of the pan-African banking group Ecobank (BRVM:ETIT, NGSE:ETI, GSE:ETI), is launching Rapidtransfer International, a digital payment service for the African diaspora between Europe and the 33 African countries where Ecobank operates.
Three East African countries have joined forces to implement a World Bank-funded financial project that aims to connect regional stock markets electronically. This means they can operate as a single market with a view of reducing the cost and time of trading in shares of companies listed on markets across the borders.
Fitch Ratings has affirmed African Export-Import Bank's (Afreximbank) Long-Term Issuer Default Rating (IDR) at 'BBB-' with Stable Outlook. Fitch has also affirmed the bank's Short-Term IDR at 'F3' and senior unsecured debt at 'BBB-'.
 | BRVM-CI | 274.10 | -0.30% | 20/11 |
 | BSE DCI | 9,904.40 | +0.24% | 20/11 |
 | DSE ASI | 2,182.19 | -0.61% | 20/11 |
 | EGX 30 | 30,587.99 | -0.33% | 20/11 |
 | GSE-CI | 4,653.69 | - | 19/11 |
 | JSE ASI | 85,274.81 | +0.88% | 20/11 |
 | LuSE ASI | 15,849.03 | -0.12% | 20/11 |
 | MASI | 14,986.56 | +0.07% | 20/11 |
 | MSE ASI | 156,089.89 | +0.28% | 20/11 |
 | NGX ASI | 98,227.50 | +0.26% | 20/11 |
 | NSE ASI | 112.71 | -0.63% | 20/11 |
 | NSX OI | 1,842.05 | +1.55% | 20/11 |
 | RSE ASI | 146.48 | +0.27% | 20/11 |
 | SEM ASI | 2,133.31 | -0.78% | 20/11 |
 | TUNINDEX | 9,800.92 | +0.19% | 20/11 |
 | USE ASI | 1,183.13 | -0.14% | 20/11 |
 | ZSE ASI | 276.08 | +0.61% | 20/11 |
