Managers of Wealth Africa

GCB awarded Best Bank in Africa for Compliance

The shortlisted banks were rated based on several criteria

Future of Postbank still in the balance after Barnes resignation

As we have been engaging with the matter, the (SARB) are looking for certainty on a number of things.

Land Bank’s profits dip amid 'tough trade-offs'

Moloto noted the bank had managed to maintain its balance sheet and remain profitable in 2019

Major banking strike planned for South Africa

All Cosatu-affiliated unions will mobilise to ensure that the Sasbo banking sector strike on 27 September is successful,” said deputy general-secretary Solly Phetoe.

CBK approves National Bank of Kenya takeover by KCB

The approval has been granted in accordance with Section 13(1) (e) of the Banking Act,’’ CBK said

Kenya’s central bank has approved KCB Group’s acquisition of NBK

NBK was founded by the government in 1968 but is now listed on the Nairobi Stock Exchange.

12 banks garner N24.3trn deposit in six months

In fact, analysts expect that when Access Bank, which merged with Diamond Bank in April this year, eventually releases its H1 2019 results, the numbers will show that in terms of deposit mobilization, DMBs also performed better in the first six months of

Nigeria: UBA Delivers 21 Percent Growth in Profit, Declares Interim Dividend

The profit for the first half of the year, translated to an annualised return on average equity of 21.7 per cent.

Ecobank reduces bad loans to Sh3bn on aggressive recovery

Ecobank Kenya more than doubled its net profit for the six months booking

NBK returns to profit on higher interest income

The increase in costs was despite the Group more than halving its rental charges from Sh204 million to Sh99.7 million.

BMCE Bank of Africa wants to reinforce footprint in Africa

The implementation of such an initiative would allow BMCE Bank to strengthen the shareholder return base.

Barclays adjudged overall best bank in Ghana

We are encouraged by the results

Africa’s Biggest Bank Targets its Smallest Shops in Fintech Deal

Africa’s biggest bank by assets has invested $4 million in Nomanini, which connects informal merchants with distributors via an e-wallet, and aims to roll the service out across 14 African countries by early 2021.

KENYA: Banks profitability heading for the rocks, KBA warns

“The government will reach a point where it is able to manage its fiscal deficit and won’t significantly rely on borrowed funds,” said KBA Chief Executive Officer Habil Olaka.

State lender to take over bank mortgages

The consultant will provide numbers and money value of all eligible accounts for planning purposes,” Mr Oltetia told the Business Daily by phone.

Absa still sees value in branches

In its results, Absa attributes some of its successes to digital technologies, as it tries to reinvent itself after separating from its parent Barclays in 2017.

CBA posts flat half-year earnings at Sh2.36 billion

The bank’s volume of gross non-performing loans rose by 6.83 percent, which is the equivalent of Sh778.1 million to Sh12.16 billion during the period under review, from the Sh11.39 billion it reported last year.

Co-op Bank H1 net profit hits Sh7.5bn

The strong growth in non-funded income helped to grow the top line despite the sluggish growth in total interest income.

High rent nailed Kofi Amoah's Global Access

However, the liability was concealed as a suspense account in the books of Global Access Savings and Loans Limited

Access Bank adopts agency banking to deepen financial inclusion

Financial inclusion is something we want to champion and drive.

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