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.
Retail Banking
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
04/03/2019
Equity Bank Looks to Invest in Ethiopia
Mr Mwangi said Equity is keen on economic reforms in Ethiopia as it searches for opportunities for an acquisition as an entry plan.
04/02/2019
Access Bank unveils new logo
“The diamond shape is fused into the three chevrons, which radiate in all directions to create layers around a core.
04/02/2019
Merger: Access Bank lists additional 6.6 billion shares
The shares of 6,617,253,991 ordinary shares of 50 kobo each of Access Bank were listed on April 1, while the entire 23,160,388,968 ordinary shares of Diamond Bank were delisted from the daily official list of the Exchange.
04/02/2019
Kenya’s Equity Bank relies increasingly on digital services
Unless you have been living under a stone, you will recognise Kenya's digital headstart. But you may not know quite how much Kenya's largest banks now depend on it.
04/02/2019
Access Bank wins the “Gender Leader Of The Year” award at the Africa CEO Forum
Female leadership and empowerment are positioned at the very crux of Access Bank’s long-term strategy as they constantly strive to inspire, empower and support women across all life stages in Africa.
04/02/2019
Financial literacy campaigns a boost to the Islamic finance industry
Islamic financial service providers have a duty to empower both existing and potential consumers of their products
04/01/2019
Access Bank Plc unveils a new logo - officially becomes one of Africa's largest banks
The two banks announced the merger scheme in December 2018, a move has assumed Diamond Bank Plc's assets, liabilities and undertakings and transferred to Access Bank.
04/01/2019
Diamond Bank merger: Access Bank launches new brand logo
“Bringing them together to capture the strength created through the merger meant drawing from the essence of each logo but refreshing them to create a sense of energy and forward momentum.
04/01/2019
Zenith Bank walks to promote use of digital products
The campaign is aimed at raising awareness of the Bank's digital products and services that makes banking safer, faster, smarter and more convenient for customers.
03/29/2019
S&P Affirms Access Bank’s Ratings
According to S&P, the affirmation of its ‘B/B’ ratings on Access Bank was based on its view that short-term acquisition risks were likely to be offset by the bank’s track record and orderly approach to mergers and acquisitions.
03/28/2019
Bank of Africa in 156pc net profit growth
While the bank recorded increased earnings, its interest income went down by 17.8 percent to Sh3.38 billion compared to Sh4 billion during a similar period in the previous year.
03/27/2019
Equity Bank’s profit hits Ksh.19.8 billion on increased lending
The lender similarly grew on its customer deposits by 13 percent to Ksh.422.8 billion to reflect on customers increased confidence on the bank.
03/27/2019
NBK issues profit warning on higher loan impairment and restructuring costs
The capital injection will unlock and bolster the key pillars of our growth
03/26/2019
Co-op Bank CEO Muriuki sells Sh100m shares
He has previously raised and lowered his stake in Co-op Bank in trades that indicate buying when the stock is cheap and taking profits in strong markets.
03/26/2019
Tanzania’s Azania bank’s capital hits USD 78.8 million
Azania Bank now one of Tanzania's largest five banks
03/25/2019
Fidelity Bank outdoors digital branch at KNUST
Kwabena Boateng, Divisional Director with Nana Adu Mensah, Amakomhene and Rita Dickson, Pro-VC officially opening the digital branch