The 12th extraordinary general meeting (EGM) of National Credit and Commerce Bank PLC. (NCC Bank) was held on Tuesday, September 15, through a digital platform. The meeting approved the proposed amendment to Article 108(1) of the Articles of Association of the Bank. The meeting was presided over by chairman of NCC Bank Mohammed Nurun Newaz Salim, vice-chairman Abdus Salam, and among the... Details
Commerzbank’s Antje Praefcke notes that the FOMC is widely expected to raise the federal funds rate by 25 basis points after stronger-than-expected August inflation.