11/11/2014
In a period when shareholders have seen disappointing results from companies, Ecobank Transnational Incorporated has reported an increase of 31 per cent in profit after tax for the nine months ended September 30, 2014.
11/10/2014
Family Bank, which aims to play in the top tier space by 2016, is seeking to raise Sh3.5 billion in a rights issue
11/06/2014
The Central Bank of Nigeria (CBN) tight monetary regulations has slowed the earnings growth of Skye Bank plc, analysis of the financial shows.
11/05/2014
15 quoted banks on the floor of the Nigerian Stock Exchange (NSE) has recorded a total profit after tax of N424.99 billion for the third quarter that ended on September 30, 2014.
11/05/2014
OM Wealth £82.2 billion of FUM; Platform £29.5 billion
11/03/2014
Equity Bank Group reported a 25 per cent jump in pretax profits for the first nine months of the year, citing growth in non-interest income and a drop in provisions for bad debts.
10/31/2014
The UK parent group said Barclays Africa Group showed improvement in bad debts in the South African home loan book and good loan growth in corporate and investment banking.
10/31/2014
Sogunle explained that private sector organisations with 3 employees or more are expected to register under the scheme.
10/31/2014
The bank’s gross earnings received a boost from interest income which rose 12.5 percent to N149bn (about $99m) during the same period.
10/30/2014
Key extracts of the nine-month report of FBN Holdings for the period ended September 30, 2014 showed improvements in the bank’s top-line and pre-tax profit, although net profit remained suppressed by higher tax provisions.
10/30/2014
Nigeria Zenith Bank plc has recorded a single-digit growth in its third quarter profits as the industry grapples with multiple regulations by the Central Bank of Nigeria that is the slowing bottom-line performance of most lenders.
10/30/2014
United Bank for Africa, UBA, has released its financial results for the third quarter, showing a 12 per cent growth in gross earnings rise over same period of last year.
10/30/2014
Nigeria's FBN Holdings 9-month pre-tax profit rises 5.2 pct
Revenue also climbed to 255.72 billion naira, against 239.16 billion naira a year ago, the lender said in a filing with the Nigerrian Stock Exchange.
10/28/2014
According to the statements of comprehensive income, earnings per share also rose by 27 per cent to 154 kobo above the 121 kobo posted same period in 2013.
10/27/2014
South Africa's fourth-largest lender, Nedbank, posted an 8.4 percent rise in loan income for the first three quarters of the year after writing more loans to companies, the bank said on Monday.
10/03/2014
More than 63 percent of cash inflows were allocated to companies with hedge fund assets of more than R2bn
09/29/2014
Capitec Bank Holdings' first-half earnings rose by an expected 21 percent after the South African mass-market lender attracted more customers and booked higher transaction income.
09/19/2014
Investec sold its Australian professional finance and leasing businesses for A$440 million ($393 million) to Bank of Queensland
09/10/2014
Banque Centrale Populaire, one of Morocco's three biggest banks, said on Wednesday its half-year net profit rose by 12.7 percent to 1.1 billion dirhams on the back of a big increase in retail and investment banking income.
09/05/2014
The stock dropped more than 5 percent when Moody's announced its downgrade.