Managers of Wealth Africa

Africa’s banks must bank on women

Offering gender-sensitive products would boost incomes and growth

How Capitec Became South Africa’s Biggest Bank

It has now become the largest bank in the country

Ghana banks’ profits rebound after clean-up

Banks in Ghana will probably report higher earnings in 2019 after the country’s regulator embarked on a clean-up of the industry and economic growth accelerates, according to Moody’s Investors Service.

Barclays Bank Zimbabwe To Be Called First Capital Bank, Effective From Next Week

The new name of the Company shall be effective from 8 October 2018 on the Zimbabwe Stock Exchange. Following the change of name, the abbreviated name of the Company shall be FCAZW.

South Africa banking: start-up shake-up

Many of those firms would like to grow like Capitec. It gave South Africa’s well-entrenched major banks a wake-up call by disrupting their long-held oligopoly as a leaner, meaner and faster-growing operation.

I&M inks Sh4 billion loan deal with Dutch lender

While announcing the long-term funding, FMO said the facility would uplift I&M Bank’s lending to the small enterprises.

Coronation Merchant Bank Named Best Investment Bank In Nigeria

The bank has established itself as a dominant player, sitting at the very top of the investment banking industry in its native Nigeria.

CBK receives binding offer for Imperial Bank takeover from KCB

Imperial Bank Limited was placed under receivership in October 2015 with KDIC assuming control of the assets, liabilities, business and affairs of the bank.

KCB commits to take over Imperial Bank

CBK and KDIC did not however reveal details of the offer

Access Bank CEO lists gains of technology in banking

Africa is experiencing a massive growth in wider access to and adoption of technology, especially in improving businesses processes and lifestyle as well as optimum use of resources.

SA Institutions back Dutch class action against Steinhoff

They are informing their clients that they have concluded that the ‘class action’ case being run in the Netherlands by the Dutch law firm BarentsKrans, is their preferred legal route.

Nowhere to hide dirty money as Big Brother steps up bank surveillance

A document seen by the Sunday Standard gives a glimpse into just how deep the operation has gone, in what has seen commercial banks set up huge departments to cope with the increasing demands.

How Coronation Merchant Bank is contributing to Nigeria’s investment banking renaissance

After a damaging recession in 2016, Nigeria’s investment banks have bounced back with renewed vigour, as new regulations and technology continue to create fresh opportunities

VBS depositors want Nedbank kicked out

This was after it emerged that the bank’s executives and influential public and political figures looted the bank of millions through a complex spree that included massive loans to friends and relatives.

Morocco's BMCE Bank posts 12.7% fall in first-half net profit

Bad loans increased 4.2 percent to 7.9 billion dirhams in the first half

Access Bank and Microsoft partner to improve banking security in Africa

This was announced at a meeting between the Bank’s Group Managing Director, Herbert Wigwe and Microsoft Chief Executive Officer, Satya Nadella in Seattle, United States of America on Thursday, September 27, 2018.

Diamond Bank boss calls for enlightenment to boost trust in e-payment

For instance, in Nigeria, the Nigeria Interbank Settlement System (NIBSS) recently launched the Mcash, a USSD product that can be used on any platform.

Capitec Bank H1 Profit Surges On Upbeat Client Growth

The lender is also among bidders for Mercantile Bank

Lenders give Steinhoff’s Jooste more time to pay his debts

Lenders have given the ex-CEO until March 31, 2019 to repay the R959 million he owes.

BPCE in talks with Morocco's BCP to sell African banks

BPCE aims to sell in Cameroon, Madagascar, Tunisia, Congo

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