Managers of Wealth Africa

Sh3.5bn Consolidated Bank investor to become top owner

The conversion will see the shareholder dilute the Treasury’s stake, which currently stands at 85.8 per cent.

Absa faces tough task to claw back market share

It also plans to reward longstanding clients with better offers and will cross-sell products between business segments to drive growth.

Nigerian Merger Will Create Africa's Biggest Bank

Nigerian bank merger will create an entity serving 29 million customers across three continents.

FirstBank Reinforces Financial Inclusion With New Market Activations

Over a period of 18 months, First Bank of Nigeria’s FirstmonieAgent Network has expanded to almost every Local Government Area in Nigeria

Diamond makes mobile banking easier with new app

The new features allow our app users do more to suit their lifestyles.

Legacy changes name to FCMB Pensions Limited

There has been a comprehensive integration of the pensions business into FCMB Group, which is known for its culture of excellence, resilience and customer focus.

Investors not convinced by Absa’s recovery plan

Sceptics can’t see how it will be able to grow faster than the sector.

Banks frustrating growth of e-payments, say customers

There is also Card Maintenance Fee and VAT, among others. But these are still not the worries for customers.

First National Bank likely to take over GHL Bank

First National Bank recently announced that it had met the new minimum capital requirement of ¢400 million, following some capital injection from its parent bank in South Africa.

Pre-Merger Conditionalities: Diamond Bank effects Board reconstitution

Other condition necessary for the consummation of the Merger include a court ordered meeting of shareholders of the bank

Kenya considers fresh options to revive National Bank as plans for riskier loan falter

The loan proposal has been in the pipeline since 2016.

Nedbank ‘to reverse’odd-lot share acquisition

He questioned why he had to fill in forms to confirm he wanted to retain ownership of his Nedbank shares when these shares belonged to him and wanted Nedbank to “reverse this illegal sale”.

Standard Bank manager accused of collusion in bitter liquidation dispute

Dunn stated that Gouws’s actions showed that he was grossly incompetent and/or grossly negligent or constitute corruption.

Government requires Commercial Bank to achieve a XAF2.6-billion result in 2020 to open capital to private investors

Expected profit is XAF1.803 billion for 2018, XAF2.110 billion in 2019 and XAF2.603 billion in 2020.

Access Bank sets to raise $250m Tier 11 capital in 2019

Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019.

GTBank ends the year on the high

Adeniyi said their main goal is to satisfy their customers and their business and they offer numerous banking products in order to fulfill their needs.

Nigeria’s Access Bank to acquire rival

The takeover would swell Acess’ assets to about US$17 billion and the combined entity would have the largest number of retail customers in Africa

Analysts say Zenith Bank Delivers on Performance

This resulted from a significant decline in cost of deposits (cost of interest-bearing liabilities moderated to 3.49% from 5.57%).

South Africa's Nedbank shares fall on Ecobank inquiry report

A slide in commodity prices and unfavourable currency swings had already left Ecobank struggling in Nigeria

Why we are merging with Access Bank - Diamond Bank

Diamond Bank believes the merger and acquisition is in the best interest of all stakeholders including, employees, customers, depositors and shareholders.

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