12/21/2018
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.
Retail Banking
12/20/2018
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.
12/20/2018
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.
12/20/2018
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
12/20/2018
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%).
12/19/2018
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
12/19/2018
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.
12/18/2018
How SA's new banks are shaking up the market to benefit customers
Heightened competition is also coming to the business banking market.
12/18/2018
Mixed reactions trail Diamond Bank merger with Access Bank Plc
Diamond Bank's recent merger with Access Bank Plc is now a recipe for heated discussion and mixed reactions among shareholders in Nigeria
12/17/2018
Acquisition of Diamond Bank by Access Bank sealed, awaiting regulatory approval
In a similar development, Business Insider Sub-Saharan Africa reported last month that the two commercial banks are in talks over merger and acquisition deal.
12/17/2018
Bank of Ghana Raises No Objection To First Atlantic, Energy Commercial Bank Merger Talks
The two banks are entering into this “marriage” after Energy Commercial Bank failed to raise the targeted amount of ¢ 340 million to help meet the new minimum capital requirement of ¢400 million.
12/14/2018
Bank gives quarterly grant to customers
The system runs through all our customer’s accounts nationwide and picks randomly.
12/13/2018
African Bank rises from the ashes
The number of depositors has trebled in two years and transactional banking is now on the horizon
12/13/2018
Rwanda banks report mixed results in 2018
According to the results, almost half of the commercial banks’ profits were generated by Bank of Kigali
12/13/2018
Why Capitec won’t get Smart ID services in its branches
Once the smart ID or passport is ready, you collect it through the same bank branch.
12/13/2018
TDB rolls out SME programme for women-led businesses in six African countries
Among the first to benefit are Ethiopian businesses, following an agreement between TDB and Ethiopia’s Enat Bank.
12/12/2018
Standard Bank rewards customers with free access to VIP Airport lounges
Through the Lounge Key programme, Standard Bank customers can enjoy access to 850 VIP lounges in Dubai, Europe, Across Africa, and many others across the world.
12/12/2018
S. Africa Lender FirstRand Aims to Offer Services Such as Insurance
These include connecting home buyers and sellers, house valuations, tracking an investment portfolio or linking its business clients to consumers.
12/11/2018
Zenith Bank launches POS payments without cards
Zenith Bank’s *966# Eazy Banking on POS will further drive financial inclusion through agency banking.
12/11/2018
These banks can now do business with Ekiti MDAs
The statement added that the government took the decision after a careful review of the developments that led to the purported embargo by the immediate past administration.