03/31/2016
Capitec Bank reported a surge in headline earnings by 25.78 percent to R3.2 billion on the back of its highest annual client growth experienced in its history in terms of active banking client numbers.
03/30/2016
The big four banks' retail footprint is down by 10% from the recent peak, with more cuts to come as they increasingly focus on electronic channels.
03/30/2016
SANLAM Life Insurance Tanzania registered a 22 per cent growth on gross written premium in 2015, its latest financial statement has shown.
03/30/2016
The bank declared a final dividend per share of 6.80 rand a share.
03/28/2016
Total bad loans rose to 7.3 billion dirhams from 6.9 billion dirham at the end of 2014, data from the bank showed.
03/28/2016
A remarkable performance during 2015 has led the bank to achieve outstanding results crossing for the first time the One Billion Net Profit after Income Tax.
03/22/2016
And within six weeks about six more came in with three leading banks involved.
03/21/2016
The bank’s net profit reached EGP 4.2bn in FY 2014/2015, compared to EGP 2.5bn in 2013/2014, with a 66.3% growth rate after paying EGP 3.616bn in taxes
03/18/2016
Investec, which also has operations in Australia, makes the bulk of its operating profit in South Africa, where the rand has dropped 19 percent against the pound
03/17/2016
While revenue growth was generally stunted in the year, operating costs grew and only exceptionally good management could still achieve any growth in profit in the year.
03/10/2016
The increase was due to structural changes in the company
03/07/2016
It posted an interest income of GH¢447.8 million in 2015 compared with GH¢393.2 million the previous year.
03/04/2016
The banking group is not perturbed by headwinds.
03/04/2016
The bank is among four Kenyan lenders with exposure in the southwest-neighbouring country that descended into intense civil unrest in December 2013
03/03/2016
South African-based lender looks to focus on the fast-growing African financial-services sector
03/03/2016
Total operating income for the year grew by 19 percent to Sh13.8 billion compared to Sh11.6 billion the same period the previous year.
03/02/2016
Nedbank is seeking growth in the rest of the continent as its home market in South Africa struggles to avoid a recession and a credit-rating downgrade to junk.
03/01/2016
It would then concentrate two divisions - Barclays UK and Barclays Corporate and International.
02/25/2016
Headline earnings per share is the main profit gauge in South Africa and strips out certain one-off items.
02/24/2016
Standard Bank Group Ltd., Africa’s largest lender by assets, said it expects to report that 2015 profit increased by as much as 35 percent because of reduced losses at its international operations.