03/15/2015
GTBank records profit growth amid tight regulatory environment
The CBN has increased benchmark interest rate to 13 per cent from 12 per cent
ESG
03/13/2015
Kenya: Equity Bank Group realized a pretax profit of $ 245.08 million in 2014
The Equity Bank Group, which has subsidiaries in Uganda, Tanzania, Rwanda and South Sudan, has recently announced plans to locate in five new countries in East Africa and Central Africa.
03/13/2015
SA's big five banks growing in hard times
SA’s big five banks grew earnings by low double digits last year, despite a tough economic environment which has put consumers and corporate customers under pressure.
03/10/2015
S.Africa's FirstRand posts 13 pct growth in H1 earnings
South African banking group FirstRand reported a 13 percent rise in first-half earnings on Tuesday, underpinned by growth in advances and deposits.
03/09/2015
Botswana Market Vital to Barclays Performance
Barclays Africa Group chief says Botswana market is important to the overall success of the group's performance.
03/08/2015
Barclays Kenya 2014 pre-tax profit rises 10pc
Barclays Bank of Kenya said pretax profit rose 10 per cent to Sh12.3 billion in 2014
03/08/2015
Morocco's Bank BCP posts 12.5 pct rise in 2014 net profit
The bank said in a statement on Friday that net profit attributable to shareholders rose to 2.2 billion Moroccan dirham ($224.9 million), although the profit rise was held back by an increase in provisions for bad loans.
03/06/2015
Zenith Bank announces N119.79bn pre-tax profit
Earnings per share was up by 4.98 per cent to N3.16 from N3.01
03/06/2015
Sanlam posts 27% growth in FY2014 profits
The Group also announced a dividend of 225 cents per share
03/05/2015
Standard Bank 2014 Profit Rises 10% on Rates, African Growth
Earnings per share excluding one-time items increased 1 percent to 10.70 rand, missing the 10.97 rand median estimate of 13 analysts surveyed by Bloomberg.
03/04/2015
Barclays Africa hopeful to meet financial commitments
The Group has never been in a stronger position than it is today
03/02/2015
Nedbank’s BEE share shrinks
Standard Bank is expected to announce details this week of an empowerment deal which has matured in December.
02/27/2015
Old Mutual seeks growth from existing businesses as profits jump
Financial services company Old Mutual is to focus this year on getting value from its existing businesses after reporting a 16 percent rise in 2014
02/27/2015
Kenya Commercial Bank Profit Climbs 17%
Kenya, East Africa’s largest economy, expanded by 5.3 percent last year
02/27/2015
Liberty full-year profit little changed amid Stanlib redemptions
Liberty Holdings Ltd., the insurer controlled by Standard Bank Group Ltd., said full-year profit was little changed after margins on new business fell and its asset management unit Stanlib experienced withdrawals.
02/26/2015
Liberty on track to diversify earnings, says CEO
Growth in the rest of Africa is also expected to contribute to diversifying earnings.
02/23/2015
Nedbank posts 14% profit gain
Nedbank Group, the South African lender controlled by Old Mutual Plc, said full-year profit gained 14% after credit losses declined and customers repaid loans.
02/22/2015
Rwanda's Bank of Kigali posts 21 percent rise in FY profit
The bank's total assets grew 14.3 percent to 482.6 billion francs.
02/20/2015
Ethiopia: Government Financial Institutions made 6.28 Billion Birr
The four state owned financial enterprises have earned a total of 6.28 billion Birr during the last six months of the fiscal year
02/09/2015
IDBI Bank Q3 net flat
NPA of the bank rose to 5.94% of total advances