Managers of Wealth Africa

Lebanon’s Bank Audi Is Said to Receive Interest in Egypt Unit

Lender may sell the unit as part of restructuring process

FirstBank CEO Adeduntan gets global recognition

The Award is the School’s highest honour and recognises his significant success within the banking industry and sector while upholding the highest standards in business practice.

Banking reforms: Banks deposits increased by 17.1 percent in 2019

On the other hand, deposits of non-residents, that is, those sections of the population other than persons residing in Ghana, remained small at GH¢397.7 million; though it increased from GH¢342.1 million in the year before.

Sterling Bank is Nigeria’s 3rd best in retail banking – KPMG

Sterling Bank scored 72.1 percent, along with Access Bank, both trailing GTBank and Zenith Bank Plc which scored 74.2 percent and 73.4 percent to rank first and second respectively in the period under review.

Absa's new boss faces tough fight to win back business

Mminele's impact remains to be seen.

KCB wires new funds into National Bank

KCB earlier said it was in a position to recapitalise NBK while maintaining its dividend payout of about 50 percent of net earnings.

Bloomberg reveals Africa’s leading bank bookrunner in 2019

Further details in the report showed that Afreximbank did not top the list in all the categories.

Kenya ups domestic borrowing target to Sh514 billion

It also comes as the Kenya Revenue Authority struggles to meet tax targets in a slow economy, forcing the Treasury to reduce the taxman’s target by Sh100 billion to Sh1.7 trillion.

Bankers cagey on loans pricing plan after end of rate cap

Banks are yet to adjust lending rates upward or downwards since the rate cap was repealed in November

Fin24.com | Consumers win as disruptors force banks to lower fees

Absa was the only bank that chose not to cut fees on its entry-level day-to-day bank account in response to Tymebank and other no-fee challengers in 2019.

Equity buyout of four banks to delay

Equity and ATMA (Atlas Mara) expect to continue further discussions in early 2020

Moody’s forecasts a tough 2020 for banks in the region

That will mean less dividend prospects for shareholders and dimmer career prospects for bank workers.

Customers ‘show trust‘, says African Bank, as profits rise again

In a statement issued on the JSE Stock Exchange News Service, the group also emphasised a focus on stricter lending criteria, saying the bank “continued to be a responsible provider of unsecured credit to South African consumers”.

‘Nigerian banks are most creative, innovative in Africa’

According to Olowu, the establishment of the bank would provide a platform for all strategic stakeholders in the education sector to access short to long term loans at single-digit interest.

Access Bank Wins Most Sustainable Bank at 2019 CBN Sustainability Awards

Additional wins include the ‘Most Sustainable Transaction of the Year in Power’ and the ‘Bank of the Year in Women Economic Empowerment’.

CBN lauds Access Bank’s sustainability leadership

Access Bank also emerged first place winner for the ‘Most Sustainable Transaction of the Year in Agriculture’ and the ‘Most Sustainable Transaction of the Year in Oil and Gas’.

Sterling Bank wins Banker’s Award for Banking in the Community

Atilola said the Sterling Agent Banking Edu- Finance Scheme was introduced to ease the burden of about 70 percent of Nigerians who receive wages weekly and are unable to make upfront payments of school fees on behalf of their children.

Deputy CEO of EXIM Bank wins Global Leadership Excellence Award in UAE

It was designed to discuss issues affecting the 21st century woman and find ways to empower them to play critical role in the society.

StanChart launches campaign to promote electronic cards usage

For existing card users, "they must continue using them but they need to do a minimum of 20 transactions within the three months period of the promo to qualify for the grand prize.

Bank Windhoek ranked Best Bank in Namibia by PSG

Bank Windhoek is the flagship brand of Capricorn Investment Group Limited (Capricorn Group)

Retail Banking