Latest news with #BCT
African Manager
14 hours ago
- Business
- African Manager
BCT Governor advocates for launching 'Diaspora Bonds'
Governor of the Central Bank of Tunisia (BCT), Fethi Zouhair Nouri, stated that a significant untapped potential lies within the Tunisian diaspora, which remains one of the most decisive and virtuous economic actors, despite recorded progress. Speaking at the second edition of the Tunisia Global Forum (TGF), organized on Tuesday by the Association of Tunisians from Grandes Écoles (ATUGE), Nouri noted that the diaspora represents a human capital that should be transformed into a financial asset to fund sustainable development. He emphasized the need to reorient strategy toward effectively integrating the diaspora into the national development process. He advocated for including the diaspora in economic policymaking by supporting existing associative networks and professional organizations, as well as improving access to transparent and centralized information. The BCT Governor stressed the necessity of offering innovative investment tools tailored to the diaspora's needs and expectations, drawing on international best practices. In this context, he mentioned the introduction of diaspora bonds, the funds from which would finance local businesses and infrastructure projects. He also cited, as an example, the launch of new savings products specifically designed for the diaspora. Nouri added that the BCT is committed to modernizing its services and improving communication, announcing the upcoming launch of a digital platform called 'EXOP' to enable online submission, processing, and tracking of requests addressed to the Central Bank. He further noted that a new version of the **foreign currency investment platform for non-residents in Tunisia, hosted on the BCT's website ( will soon be operational. 30% of foreign currency comes from expatriates The BCT Governor also recalled that the diaspora, comprising around 1.8 million citizens, primarily residing in Europe and Gulf countries, remains one of the main sources of foreign currency for Tunisia's economy. He added that, by the end of 2024, remittances from Tunisians abroad accounted for 30% of the BCT's foreign exchange reserves, equivalent to about 6.5% of GDP. These flows even have a stabilizing effect at the macroeconomic level, he noted. The Tunisian expatriate community also contributes to boosting domestic consumption, supporting economic growth, directly contributing 2% of state tax revenues and strengthening the local economy through investments, particularly in real estate. Challenges facing the Diaspora For his part, ATUGE President Amine Aloulou highlighted the obstacles the Tunisian diaspora faces in terms of investment, stressing their disconnection from the country. He affirmed that the forum and regional tours would help develop local networks and engage economic and administrative stakeholders. He added that the business environment, administrative and banking services, and air transport are key areas needing improvement to attract investors and foster the country's economic openness.
Malaysian Reserve
16-07-2025
- Business
- Malaysian Reserve
POTOMAC BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND
CHARLES TOWN, July 16, 2025 /PRNewswire/ — The Board of Directors of Potomac Bancshares, Inc. (the 'Company') (OTCID:PTBS), the holding company for Bank of Charles Town (BCT), also known as The Community's Bank, declared at their July Board meeting a quarterly cash dividend of $0.13 per share. The dividend is for all shareholders of record on July 31, 2025, and will be paid on August 7, 2025. About the Company Founded in 1871, BCT – Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS). With approximately $896 million in assets as of March 31, 2025, the Company conducts operations through its main office, an additional eight branch offices, and two loan production offices. BCT's offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA). The Bank offers commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans. The Bank is also a Small Business Administration (SBA) Preferred Lender. The Residential Lending division offers secondary market and portfolio mortgage loans, one-time close construction to perm loans, as well as home equity loans and lines of credit. For over 70 years, BCT Wealth Advisors has provided caring and personalized trust services, growing into a premier financial management, investment strategies, and estate services provider. The Bank also provides convenient online and mobile banking for individuals, businesses, and local governments plus free access to over 55,000 ATMs through the Allpoint® network plus another approximately 675 free access ATMs through another partnership. BCT was voted WINNER in the LoudounNow 2024 Loudoun's Favorite readers' poll in four categories: Bank, Mortgage Company, Banker, and Financial Planner. BCT was voted a 'Best of the Best' winner in the 2024 Martinsburg Journal-News Readers' Choice Awards in three categories: Bank, Loan Services, and Financial Planning. In 2023, American Banker selected BCT as a 'Top 200 Community Bank,' an annual listing of the best performing banks in the United States with assets under $2 billion. Since 2019, the Bank has been named a 'Best Banks To Work For' by American Banker five times. The Company's shares are quoted on the OTCID marketplace under the symbol 'PTBS.' Individuals may purchase shares under the symbol 'PTBS' by contacting Shane Bell, EVP and CFO, at [email protected], or through one's personal broker. For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at
Yahoo
09-07-2025
- General
- Yahoo
Battle Creek bus riders: Expect detours on part of Michigan Avenue this week
A temporary road closure will affect a section of Michigan Avenue in downtown Battle Creek on Thursday, July 10, and Friday, July 11. According to a community announcement, the closure is necessary for contractor work involving a crane that will place new rooftop units onto the W.K. Kellogg Foundation at 1 E. Michigan Ave. The impacted area includes East Michigan Avenue from Capital Avenue SW to Division Street North. Residents are encouraged to detour around this area during work hours and remain alert for crews and equipment. Battle Creek Transit's 3E — Main/Post bus will also detour during this closure. Inbound, the bus will turn left on Hamblin Avenue to reach the Transfer Center. This detour means the following bus stops will not be serviced: Michigan Avenue at Division Street, Michigan Avenue near the W.K. Kellogg Foundation, and Capital Avenue NE near Jackson Street. BCT riders can use bus stops on Main Street at Pittee Street or Hamblin Avenue near Monroe Street. Neighbors needing assistance with trip planning can call BCT at 269-966-3474 for help from the Mobility Manager or dispatch team. This story was created by Janis Reeser, jreeser@ with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at We want your news: How to submit community announcements This article originally appeared on Battle Creek Enquirer: Downtown Battle Creek street closures crane work on Michigan Avenue
Yahoo
21-05-2025
- Business
- Yahoo
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
BCT will double down on generative AI, automation and data platforms in the US using IBM technology. Bahwan CyberTek's Digital Group, "BCT EXP," will lead the efforts for BCT. SANTA CLARA, Calif., May 21, 2025--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, "BCT EXP," will lead the initiative. "We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less," said Navin Prasad, EVP, Global Head of Experience at BCT. "As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives." By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integration, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. "We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business," said David La Rose, GM, IBM Ecosystem Sell. "Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market." As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit View source version on Contacts BCT EXP Anjali Rangaswamibctexp@
Business Wire
21-05-2025
- Business
- Business Wire
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
SANTA CLARA, Calif.--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, ' BCT EXP,' will lead the initiative. 'We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less,' said Navin Prasad, EVP, Global Head of Experience at BCT. 'As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives.' By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integratio n, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. 'We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business,' said David La Rose, GM, IBM Ecosystem Sell. 'Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market.' As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit
