11/23/2018
While the sale agreement remains to be signed by all parties involved and is subject to approval by the relevant South African regulatory bodies, Kumbier says the bank is looking forward to the next phase of its growth journey.
11/23/2018
Lender mulls new tactics to retain clients and boost revenue
11/22/2018
The bank’s operating expenses increased by 8.3 per cent to Sh16.13 billion, offsetting a 5.5 per cent growth in operating income to Sh23.85 billion.
11/22/2018
This endorses the hard work and success story of the Bank over the past 12 years as it supports its customers and most importantly helps Ghana build a resilient economy.”
11/22/2018
The lenders’ performance was clearly boosted by the lower impairment loss provisions that they made on their financial assets
11/21/2018
The bank has also supported over 8,000 women with finance to grow their businesses.
11/21/2018
About a third of all domestic commercial bank credit is extended to the oil and gas industry.
11/20/2018
The launch of Discovery Bank comes at a critical time in South Africa and is highly relevant in the context of our current technical recession.
11/20/2018
Seetharaman noted that construction and supplies, security and logistics, and the food service sectors could be opportunities in Qatar.
11/20/2018
The SME Bank of the Year – Africa award validates Equity Bank’s commitment to be the champion of MSME banking through provision of flexible and integrated banking services to MSMEs.
11/20/2018
Specifically, with most lenders grappling with weaker Capital Adequacy Ratios (CARs) and rising Non-Performing Loans (NPLs), the view among analysts during that period was that any M&A that happened then was likely to be market-driven especially given
11/19/2018
The opening of the centre was another significant step towards improving ease of doing business between Nigeria and China, coming after the signing of the bilateral currency swap agreement between the two countries earlier in the year.
11/16/2018
KCB slashed its operating expenses by Sh2.1 billion to Sh28.6 billion even as its provision for bad debt fell 42.6 percent to Sh1.7 billion.
11/16/2018
Co-operative Bank of South Sudan made a profit before tax of Sh235.12 million in the third quarter of 2018 compared with a profit of Sh39.15 million in the corresponding period in 2017.
11/16/2018
The department has since revealed that, to date, the participating banks have processed in excess of 168,000 Smart IDs and over 152,000 passports.
11/16/2018
The Bank’s strategy is aligned to the government’s 10 point Agenda for Industrial Transformation
11/15/2018
It is followed by Zenith Bank, which reported customers’ deposits of N3.28 trillion in the review period as against N3.44 trillion that the lender raked in for the same period in 2017.
11/15/2018
The Konfidants team was of the view that in the wake of recent developments in the banking sector, corporate governance and management competence have emerged as, by far, the most critical factors in determining bank performance and success.
11/14/2018
The institutions that lend to this informal sector are the non-banks,” Mr Thompson said.
11/14/2018
Access Bank has moved to deny media reports that it is holding takeover talks with Diamond Bank, saying there is no agreement to take over assets of the latter.