11/14/2018
Afram Community Bank exceeds BOG's minimum capital requirement
He urged the directors of the bank to abide by the Bank of Ghana directives in granting loans to serving directors.
Retail Banking
11/13/2018
Arab development bank acquires stake in African multilateral lender
BADEA, which is owned by 18 of the Arab League’s 22 member nations and is headquartered in Khartoum, Sudan, has the mission of bringing more Arab capital into African economies.
11/13/2018
Former Co-op Bank MD Mureithi loses more property to auctioneers
The sale is due to failure to service a Sh1.6 billion loan that Mr Mureithi borrowed from a Nairobi bourse listed lender.
11/12/2018
Access Bank set to acquire Diamond Bank
It was learnt that the development leading to the impending acquisition was triggered by Diamond Bank directors who approached Access Bank
11/12/2018
Morocco’s BMCE Bank Wins ‘Best Bank for Africa’ Award in Paris
Morocco’s BMCE Bank of Africa Group has won the 2018 Best Bank for Africa award in a forum in Paris on Thursday.
11/11/2018
BADEA acquires stake in TDB
This is a historic milestone that takes us to a higher level of strategic partnership," the TDB president said
11/09/2018
Morocco's Attijariwafa bank to eye new Africa acquisitions from late 2019
The idea is to acquire banks that are ranked among the first five banks in every market
11/07/2018
20% of banks in Ghana control over 80% of loans – Alhassan Andani
He made these remarks at the JoyBusiness Financial Services Forum in Accra.
11/06/2018
Ecobank Academy works to enhance Africa’s health systems through financial and leadership trainings
The Honorable Minister of Health of Togo, Moustafa Mijiyawa; Head of Grant Management Division, Mark Eddinton for The Global Fund; and Amin Manekia, Ecobank’s Group Executive for Corporate & Investment Banking, inaugurated the programme.
11/05/2018
Zenith Bank, Aiteo Group, Eco Bank for Entrepreneurs Award
Also to be honoured at the 2018 Nigerian Entrepreneurs Award are Apostle (Prof.) Chinedum Emmanuel Ejiofor
11/05/2018
Two Global banks, HSBC and UBS, exit Nigeria and three local banks fail to meet minimum banking requirements
Three commercial banks fail to meet their minimum liquidity ratio of 30% and number of foreign banks drop to 8 as at June 2018.
11/05/2018
African forum offers more opportunities to attract investment
The inaugural forum, AIF, which will take place from Wednesday to Friday at the Sandton Convention Centre, will focus on infrastructure development
11/05/2018
Equity Bank Q3 earnings hit Sh15.8 billion
The lender's total interest income in the period rose from Sh25.2 billion to Sh25.8 billion.
11/04/2018
Local bank unbundling its non-core banking properties
FMB holds considerable stakes in several banks in the Southern Africa.
11/02/2018
Nedbank targets West Africa growth with new venture
“Part of that is exploring where we can add value” for Ecobank’s customers in more than 30 countries, he said.
11/02/2018
Diamond Bank disburses N1bn loans to SMEs
The global economy is currently witnessing a shift in trade relations alongside continued interest rate adjustments
11/02/2018
Stanbic Bank Tanzania launches a product to respond to its customers’ needs
The new offer streamlines the accounts into Uhuru Banking and empowers the customer with the freedom and flexibility over their transactions on digital platforms.
11/01/2018
What Absa learned in adopting .Africa
Launched just more than a year ago, the .Africa domain is widely promoted by the African Union, intended to support and develop business and corporates on the African continent.
11/01/2018
Diamond Bank to Complete Sale of UK Subsidiary in Q4, Return to Profitability—CEO
These results were affected by the challenging environment operated in the period under review
10/31/2018
Union Bank reports 18% Q3 ’18 PAT growth
Net interest income before impairment grew by 5 per cent to N49.4 billion in contrast to N46.9 billion recorded in Q3 2017 continuously led by increased earning assets.