03/13/2015
The findings follow a massive cache of leaked data that revealed how the Swiss banking arm of HSBC, the world’s secondlargest bank, helped wealthy customers conceal billions of dollars of assets.
03/10/2015
The bank is awaiting passage of amendments on a law granting the central bank super-senior creditor status, which would allow it to pump in some money into the failed lender.
03/10/2015
The TSA policy translates to a significant decline in banks’ deposit, which is also expected to constrain banks’ ability to grow credit in the economy.
03/10/2015
Though not unexpected, the SEC’s report eventually set off series of internal infighting
03/08/2015
The network of the banking technological information of the Southern African Development Community (SADC) member states is already interconnected
03/08/2015
Ecobank’s Group Chief Executive Officer Albert Essien says Nigeria is the bank’s biggest operation and that the current economic and currency headwinds in Nigeria have not affected his company immensely.
03/05/2015
Access Bank embarked on the capital raising via the right issue to raise N52.6 billion.
02/24/2015
The International Monetary Fund (IMF) has welcomed Bank Al-Maghrib’s (BAM) efforts to strengthen Morocco’s financial supervisory and regulatory framework to ensure continued financial sector soundness
02/23/2015
Nigeria's central bank has issued guidelines for an advisory body that will oversee Islamic banking in the country
02/20/2015
The central bank, which also acts as the country’s bank supervisor, cited “deficiencies” in how Frankfurt-based Deutsche Bank identified and verified customer details, according to a statement on the South African Reserve Bank’s we
02/19/2015
The Apex Bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices
02/19/2015
Nigeria’s number one bank, Central Bank of Nigeria, has laid down a set of new guidelines for the treatment and management of dormant accounts by commercial banks.
02/16/2015
In this country, Abil no doubt, has had an influence, too.
02/13/2015
Work has started to implement the restructuring process of the Bank of Muscat International Offshore in Seychelles announced by the Central Bank of Seychelles in December last year.
02/12/2015
THE Reserve Bank of Zimbabwe (RBZ) has set an ambitious target to have a financial services sector that has no distressed banks by the first half of this year
02/11/2015
Recent developments at the South African Revenue Service, which had been one of the government’s strongest institutions, are particularly concerning, Ballim told reporters in Johannesburg on Tuesday.
02/11/2015
Ecobank is compliant with regulatory requirements, including those for liquidity and capital
02/11/2015
Mangudya said the central bank had also set aside $50 million to invest in gold production
02/10/2015
The Emir also praised UBA for offering him a job
02/09/2015
Low growth, business confidence the ‘new normal’.