04/12/2019
Remittances major contributor to GDP in Africa in 2018
Global remittances, which include flows to high-income countries, reached US$689 billion in 2018, up from US$633 billion in 2017.
Retail Banking
04/12/2019
East Africa Bank Opens New Headquarters In Djibouti
As part of the long term expansion plan, the bank which is a subsidiary of Dahabshiil Group has built a new headquarters in Djibouti City complete with new banking halls to serve an ever increasing client base.
04/12/2019
Standard Bank Back South African Rand to Overcome Hurdles and Forecast Stronger End to the Year
First-half 2019 seen as problematic for Rand
04/11/2019
Nedbank CEO scores massive R53 million payday
Brown said that progress in 2018 enabled the bank to grow its market share of main-banked clients across all business clusters.
04/11/2019
Ndegwa brothers reveal Sh700 million CBA stake
The value of their interest in CBA is based on the lender’s net assets in the year ended December 2018.
04/10/2019
African Development Bank to host Investment Forum Roadshow in Angola
The event will convene traders, experts and financiers in the public and private sector, who seek to invest in Africa’s development
04/10/2019
GCB records GHc323 million profit
The Bank further took the lead in mobilising GHc 1.379 billion to end the year with GHc8.335 billion in deposits, it said.
04/09/2019
African Development Bank welcomes partners to multilateral development bank (MDB) roundtable to strengthen collaboration on donor relations and fund management
Its goal is to share the most efficient methods for mobilising resources towards the achievement of the Sustainable Development Goals
04/09/2019
Old Mutual launches savings plan
The plan also gives the customer the opportunity to access a part of the savings for immediate needs during the savings period, should the need arise; thereby providing financial security.
04/09/2019
World’s Best Investment Banks 2019: Financial Technology
Global Finance’s winners are turbocharging investment in new technologies to facilitate existing systems and products while also supporting fintech innovations.
04/09/2019
Access Bank announces dual listing of N15b corporate green bond
The listing of the bond closely follows the completion of the bank’s merger with Diamond bank
04/09/2019
The banks South Africans are least likely to recommend to their friends and family
In the latest index, Capitec once again leads the overall customer satisfaction score across all brands by a significant margin for the sixth consecutive year, although with a slight decline on its previous score.
04/08/2019
ETI Grows 2018 Profit After Tax By 46% To N102 Billion
Our businesses continued to serve customers diligently and with purpose and all delivered profit growth in 2018
04/07/2019
GCB records ¢323 million profit in 2018
The Bank further took the lead in mobilizing ¢1,379 million to end the year with ¢8,335 million in deposits.
04/07/2019
BRICS bank loan ties in with Mboweni's focus on regional cooperation
Three of the five new projects approved for funding by the NDB - also referred to as the Brics bank - are South African.
04/07/2019
Stanbic Bank offers SMEs flexible loans
Nana Benneh said, the bank was keen to drive the growth of business in Africa and that over the years, they have introduced products and services to improve the growth of SMEs.
04/04/2019
Union Bank grows pre-tax profit to N18.5bn
The bank’s customer deposit also rose to N857.6 billion compared to N802.4 billion in the previous year.
04/03/2019
The Latest Access Bank hits new ranking as NSE lists merger shares c
The additional listing of scheme shares increased Access Bank’s total outstanding shares from 28.93 billion ordinary shares of 50 kobo each to 35.545 billion ordinary shares of 50 kobo each.
04/03/2019
South African Reserve Bank Imposes Administrative Sanctions On Authorised Dealers in Foreign Exchange With Limited Authority
Flowing from these responsibilities, the SARB inspects ADLAs to assess whether they have appropriate measures in place, as required by the FIC Act.
04/03/2019
Nedbank bets future profits on youth market
Nedbank's new digital offering is available only to people younger than 25, which may limit its appeal to older smartphones users