Managers of Wealth Africa

Chase Bank to close 10 branches after SBM acquisition

the bank indicated it will be closing the Bondeni, City Center, Delta, Eastleigh, Eldoret Xpress, Garissa, Kayole, Kisumu Xpress, Pangani Xpress and Parklands branches.

Nigerian banks illegally charged customers over N65 billion in 6 years

The Apex bank condemned any act by commercial banks that short-changed customers.

VBS clients ‘relieved’ over Nedbank intervention

Nedbank brought in additional resources to branches in Thohoyandou and Makhado

Beige Bank sacks over 500 staff

It must be said that, the recent attempt to bring the interest rates down is quite commendable.

Heritage Bank Reaffirms Commitment to Growth of Banking Profession

Mr Okere contended that this has led many banks to believe that they are invincible, that is now characterised by loss of touch with customers.

Two Kenyan banks lose $0.86 million to hackers in a month

I think hacking is something topical and a threat not just in Kenya but worldwide

Kenyan bank KCB ready to invest in Ethiopia as country opens up

KCB would consider partnering with an Ethiopian bank

Nedbank takes over VBS Mutual Bank customers

Customers that have VBS loans should continue paying those to VBS branches.

NMB scoops best bank award yet again

LONDON based Euromoney has named NMB Bank Plc as the country’s best bank for the sixth year in a row thanks to its digitization investment and financial inclusion.

FBN Bank falls on mother company in Nigeria to recapitalize

In an interview with Citi Business News, Head of Retail Banking at FBN, Mr. Eric Fia said with support from its parent bank in Nigeria will help it meet the capital requirement before the deadline.

Fidelity Bank wins Banker of the Year in brand award

Okonkwo thanked the management of Marketing Edge for the recognitions

Absa launches new branding, as Barclays ends its 100-year history in Africa

The restructuring started with halving the number of executives at the retail and business banking unit last month.

How Kenya Commercial Bank exploded its international ownership

With $6.28 bn in assets and operating subsidiaries across seven East African countrie

Kenya's Chase Bank takeover begins

It has operations in India, Madagascar and Kenya. It owns the second largest commercial bank in Mauritius

Zenith Bank Joins Commonwealth Council as Strategic Partner

With the Bank’s refreshing approach to financial inclusion in Africa and the creation of digitized financial products supported by the necessary infrastructure, Mr. Ovia was able to impress the significance of financial inclusion especially for rura

First Bank Inaugurates Digital Lab For Better Service Delivery

Speaking at the ceremony, Dr Adesola Adeduntan, the bank’s Managing Director, said the digital lab would champion innovation within the bank for efficient services.

Banking sector ripe for sales, mergers

The lender has a negative liquidity ratio of 11 per cent, which means it is 31 per cent lower than the Central Bank of Kenya’s set mark.

Access bank begins referral program for corporate accounts

Customers can Earn 2,000 R.E.A.L points when they refer a corporate client to Access Bank

Ecobank plans dollar bond after investor meetings

Proceeds from the offering will be used for debt refinancing among other things, Ecobank said.

Turning the tide for African Bank

The “bad bank”, which remains in curatorship, is now known as Residual Debt Services.