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.
04/23/2019
Last year, KCB—the region’s largest lender by assets —posted a 22 per cent growth in net profit to Ksh24 billion
04/23/2019
Madbouli also expressed readiness to meet the needs of the Somali government regarding technical support, training and scholarships, in order to help Somali cadres who are capable of building their state to graduate.
04/23/2019
It said banks can adopt one of four distinct digital strategies: The first is to digitally transform their existing operations, to increase their share of digital sales and transactions to beyond 60 to 70 percent on each measure, as Kenya-based Equity Ban
04/23/2019
This amount is expected to rise further as recently released first quarter of Access Bank Plc, Zenith Bank and GTBank showed higher figures.
04/22/2019
The Central Africa Regional Integration Strategy Paper for 2019 – 2025 builds on the lessons learned from the implementation of previous regional development initiatives
04/18/2019
The southern African economy’s GDP has contracted over the past two years, at –0.1% in 2018 and –0.9% in 2017.