03/23/2021
This includes card/QR payment acceptance, access to credit and various insurance products – helping to grow and develop community-based businesses in a similar way that most formal businesses are able to via the formal financial system.
03/22/2021
The survey uses a number of factors to arrive at an overall customer satisfaction score: customer expectations, perceived quality and value, customer complaints and resolution, customer loyalty, and the perceived fair treatment of customers.
03/22/2021
The board of directors of Union Bank of Nigeria Plc has recommended payment of a dividend per share of 25 kobo to shareholders as return for the 2020 business year.
03/19/2021
The group has taken loan loss provisions of Sh8.5 billion in appreciation of the challenges that businesses and households are grappling with from the disruptions occasioned by the ongoing pandemic,”
03/19/2021
KCB had planned to provide the additional capital last year but delayed.
03/19/2021
Court papers indicate that in mid-2019, the bank agreed to extend two loan facilities to the company.
03/19/2021
Guaranty Trust Bank proposed a final dividend of N2.70 per share, translating to a dividend yield of 9.1% based on the last close price.
03/18/2021
This is also part of the bank’s commitment to Sustainable Development Goal 5 on Gender Equality on empowering all women and girls by using finance as a major catalyst to enable them to transform their lives and pursue their aspirations.
03/18/2021
Sacsi notes the pandemic and ensuing lockdowns accelerated digital adoption and reliance on self-service channels.
03/17/2021
Ecobank launches super rewards scheme
Fifty customers with the highest deposit will be rewarded with N25,000 every week.
03/17/2021
Absa earnings decline; 7% pre-provision profit growth indicates positive underlying performance
Earnings and returns improved materially in the second half of the year as lockdown restrictions eased, particularly in South Africa
03/17/2021
Zenith Bank pays N94.19b full-year dividend to shareholders
The Group’s increased retail activities translated to a corresponding increase in retail deposits and loans.
03/17/2021
SARB to hold but is a rate hike around the corner?
So Monetary Policy is stimulatory enough.
03/17/2021
Nedbank decides against final dividend for 2020
Revenue of R46.53 billion, was down 3.6%, while the group has decided not to declare a final dividend for 2020.
03/16/2021
The move towards a tech-driven digital-first approach was already in motion before the pandemic, Sacsi said, but was accelerated at unprecedented levels.
03/16/2021
Entry-level segment leads the decline.
03/15/2021
Banks owe telcos N42bn for USSD services, says NCC
“Therefore it is expected that for this service someone should pay. No service is free. The investment in infrastructure that is driving the USSD service is a huge investment that the telcos made.”
03/15/2021
KMRC credit to mortgage lenders hits Sh2.8 billion
The Treasury-backed lender offers banks and saccos cash for onward lending to home buyers.
03/15/2021
Bad loans take shine off Kenya banking stocks
Until there is some certainty about it, they (investors) will be slow to expand their investments in banking equities.
03/15/2021
S.Africa's Absa holds off on dividend, reports 58% profit drop
Profit slump around middle of forecast range