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.
09/04/2014
South Africa's largest insurer by market value, Sanlam, posted an expected 28 percent jump in half-year earnings on Thursday as its diversification into other African markets and Asia paid of.
09/01/2014
The Bank’s loan book also grew by 16% from N899billion (about USD5.5 billion) recorded in June 2013 to N1.04 trillion (about USD6.3 billion) in June 2014
08/31/2014
National Bank of Kenya posted a 32 percent rise in first-half pretax profit to 1.25 billion shillings, helped by a rise in net interest income.
08/29/2014
Deposit taking micro financier Faulu Kenya's half-year net income for the period to June 30 moved in the range of small banks in the main lending market.
08/26/2014
FCMB Capital Markets has grown in revenue and profit contribution to the group
08/25/2014
The United Bank for Africa Plc; one of the largest financial services institution in Africa, has released its unaudited financial results for the first six months of the year, showing positive growth in financial indices.
08/25/2014
For the first six months through June 2014, GTBank’s net income reduced by 10 per cent to N44.0 billion from N49.01 billion for the same period (Q2) of 2013.
08/24/2014
Union Bank of Nigeria, who offered perspective on the bank’s new found strategy, returning to profitability and sustaining a growth path.
08/21/2014
Kenyan financial services firm, British American Investment Company (Britam) has reported a 32.03 per cent increase in its pretax profit.