09/23/2019
The ‘pan-African banks’ (PABs) are the most efficient institutions in sub-Saharan Africa’s financial industry – combining the best of both worlds: global edges of foreign banks and competitive home edges of local banks.
09/23/2019
Lenders in the country plan to operate ‘as usual’ on Friday
09/19/2019
This huge boost presents IBBL as a safe haven for clean or appropriate financial transactions as oppose to being an agent for money laundering not just in the country but the whole of Africa.
09/19/2019
All 30 of Ghana’s tier-one/universal banks were benchmarked against Credmap’s measures, compared to each other, and then ranked in what became the GBCI, a process that was overseen by a team of senior technical analysts at Konfidants, a manage
09/19/2019
Standard Bank declined to comment on its most recent loan launch.
09/19/2019
“Our Digital Bank on Mobile solution is a demonstration of how we continue to be on the cutting edge of strategic technology investments and marries very well with our customer obsession mantra,”
09/18/2019
The default rate is more than double the average ratio of non-performing loans for conventional borrowing - whose default rate has stood at 10.2 percent over the three year period.
09/18/2019
Retail is where we’re going to see exponential growth
09/18/2019
Zenith's heritage as a homegrown and wholly-owned West African bank
09/17/2019
With over N5bn loans already disbursed to schools this year alone, we are committed to supporting growth in this key sector of our economy.”
09/17/2019
Addition of a Yuan and Dollar wallet is in the pipeline.
09/17/2019
He said with the deposit insurance system in place, depositors have assurance that their savings will be repaid up to a set limit in case their bank closes.
09/15/2019
The transaction is expected to be completed in the next three months
09/13/2019
The change underlines the rising popularity of the mobile money in transactions where many banks, mobile lenders, savings and credit societies and merchants have also been linking up with the mobile banking services to improve their product offer.
09/13/2019
The positive earnings were largely boosted by a Sh1.3 billion net gain resulting from the write-off of part of the StanChart loans.
09/13/2019
In Nairobi, Co-op Bank will add two more branches — one along Kenyatta Avenue at Standard Building and another at the upcoming Parliament tower.
09/13/2019
The other banks are Societe Generale (6th), Stanbic Ghana (7th), Fidelity Ghana (8th), Access Ghana (9th) and GCB Bank (10th).
09/12/2019
Competition between mortgage lenders, and buyers less depressed about South Africa, helped push up the number of loans, though mostly at the higher-priced end of the market.
09/12/2019
SIB senior associate research analyst Martin Kirimi said given that BCDC is much stronger than ProCredit was at the time of its acquisition, the least amount of money Equity will part with is likely to be twice the net assets of the lender.
09/12/2019
I am pleased with the half year performance of the Group