03/08/2015
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.
02/27/2015
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.
02/23/2015
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.
01/20/2015
Kenya’s largest privately owned bank, CBA Group, has listed its maiden Medium Term Note in the Nairobi Securities Exchange as it seeks accelerate its Pan-African growth agenda.
01/12/2015
For the last 20 years, the number of commercial banks in Rwanda has grown significantly, from three in 1994 to ten in 2015.
12/28/2014
Banking sector profitability in the nine months to September declined 18 percent to ,35 million from ,93 million reported in the comparable year ago period.