09/02/2020
Perfect Start” promo which is an industry first, will run digitally online as part of efforts to adhere to COVID-19 safety protocols while creating opportunities for families to have fun and win amazing prizes.
09/02/2020
The tape-cutting ceremony formally commissioned the new extension to its head office.
09/02/2020
Fidelity Bank Plc is to publish its financial statement for half year ended June 30 on or before Sept. 28.
09/01/2020
DEG has provided a $30m long-term loan to First National Bank Ghana, a commercial bank in Ghana.
09/01/2020
Brown said the group's earnings in the first half of 2020 reflects the impact of the pandemic and resultant lockdown in the South African economy, where most of their operations are.
09/01/2020
The bank’s primary regulator is still in the process of reviewing the AFS and same would be released to the market upon receipt of the said approval.
08/31/2020
Top owners of the 36-year-old Kenyan bank with 28 branches were companies owned by close associates of the late Moi, including Joshua Kulei, Simeon Nyachae and the former Vice President George Saitoti.
08/31/2020
The provisions for bad loans cut the lenders’ net earnings by a third to Sh32.5 billion, making it the dominant factor in determining their profitability following the pandemic, overshadowing growth in interest income and fees on transactions.
08/30/2020
KCB, the country’s largest bank by asset size, relinquished its pole position as the most profitable lender after its pretax profit declined by 40 per cent to Sh7.6 billion.
08/28/2020
The Sandbox is a major milestone for the Ecobank Group on it’s Open Banking strategy and it will accelerate partnership with Fintechs and other Partners across Africa
08/28/2020
Virgin Cash beforehand closed down an area insurance coverage enterprise, after its life and short-term insurance coverage providing failed to realize traction.
08/28/2020
As the largest pan-African bank, Ecobank is on a mission to drive the economic development and the financial integration of businesses and individuals across Africa.
08/28/2020
Why the biggest banks in Nigeria are too big to fail.
08/27/2020
The African Banker’s judging process sought to recognise the African banks that have demonstrated original and practical uses of technology to provide customer convenience
08/27/2020
The Awards are considered the Oscars of the African banking community and given the impartial selection and judging process are the most respected in the field
08/27/2020
The big winners this year were Nigerian-based group Access Bank and also women in the banking and finance sector.
08/27/2020
The company has also put in place a support scheme for individuals and SMEs including extension periods and loan repayment holidays who are affected by the COVID-19 pandemic.
08/26/2020
Kingdom Bank will now trade as a subsidiary of Co-op Bank, with its brand also donning the green colours that are synonymous with the Nairobi Securities Exchange–listed lender.
08/26/2020
Standard Chartered loan-loss buffers meanwhile rose four-fold to Ksh.1.6 billion from Ksh.379 million last year with the lender following an industry wide conservative trend of high provisions in the face of adversities arising from COVID-19.
08/26/2020
TradeSafe Escrow received an undisclosed amount of funding in return for 35% stake