05/03/2019
BRAC launches new bank in sub-Saharan Africa
BRAC International plans to use the proceeds from the sale to further expand its operations in other countries with low levels of access to finance.
05/03/2019
BRAC International plans to use the proceeds from the sale to further expand its operations in other countries with low levels of access to finance.
05/03/2019
Ramaphosa set to start orthodox macro, micro reform, he says
05/02/2019
According to the results, profit attributable to shareholders of Ecobank and diluted earnings-per-share (EPS) declined 19 percent to $62 million and $0.0025, respectively.
05/01/2019
gh-Link cards are basically ATM Cards, issued by financial institutions to their customers.
04/30/2019
The Group's profit after tax of $322 million is expected to boost the bank's capital as well as improve the accounts for the other countries it operates in.
04/30/2019
Management of the bank attributed this development to lower funding costs and improved interest margins.
04/30/2019
Mr Okonkwo’s statement comes at a time industry players, Access Bank Plc and the now defunct Diamond Bank Plc, just consolidated to form the largest financial institution in Nigeria and Africa by customers.
04/29/2019
According to a memorandum to workers written by StanChart’s head of human resources Audrey Mlambo, which is in our possession, the bank will soon retrench another 20 workers.
04/29/2019
The programme seeks to help finance projects selected from dozens of candidates from throughout Morocco to help them achieve their entrepreneurship dream.
04/26/2019
“Our capital levels remain adequate."
04/25/2019
This shows digital lenders like Okolea have a role to play in deepening financial inclusion in the country.
04/25/2019
The lender said the Property Hub will have physical premises in Nairobi to serve prospective buyers.
04/25/2019
For KCB, whose other takeover offer for Imperial Bank has already been approved, the acquisition of National Bank would mean increased access to public-sector deposits.
04/25/2019
Profit before tax was N30.157 billion in 2019, as against N26.555 billion in 2018.
04/25/2019
Commercial International Bank has opened a representative office in Ethiopia, implementing its programme of expansion into east Africa.
04/25/2019
At the end of March 2019, the Bank’s active portfolio in Nigeria comprises 60 operations with total commitments of US$4.5 billion
04/24/2019
Besides the Tanzanian subsidiary, NIC also invested Ksh100 million ($1m) in its motor vehicle leasing arm NIC Leasing, bringing its total capital expenditure last year to Ksh450 million ($4.5m).
04/24/2019
The report that was commissioned by the CBK shows that the country has made significant milestones
04/24/2019
The giant commercial bank was also able to obtain a total of $4.8 billion from remittance, export and others during the past nine months, the president said.
04/24/2019
Barclays was a dominant player with their Absa Bank but shrunk its ownership to just 16% after tangling with the Central Bank of South Africa.