03/22/2017
Two Malawian banks merge
The technical discussions have commenced and by nature are rather complex.
Retail Banking
03/22/2017
Naira devaluation boosts loan growth for tier one lenders
The central bank in June last year adopted a flexible exchange rate regime that saw the naira lose 40 percent of its value against the U.S dollars.
03/22/2017
Angolan bank BPC will be capitalised and restructured
The largest State operator providing credit to businesses and households.
03/21/2017
Morocco's BCP says net profit rose 5.3 pct in 2016
Deposits rose 4 percent to 250.3 billion dirhams, representing a 60 percent share of Moroccan market growth and including a 6 percent increase in remittances from Moroccans living abroad
03/17/2017
FirstBank CEO, Adesola Adeduntan named Leadership Banker of the Year
The expansive dome of the International Conference Centre Abuja.
03/17/2017
The Best Of The South African Banks
The bank also offers a relatively attractive dividend yield of more than 4.5%.
03/17/2017
Access Bank donates GHȻ500,000 to support Ghana@60 celebrations
The donation is expected to support key landmark projects that have been earmarked to commemorate the anniversary celebrations throughout this year.
03/16/2017
Charles Maloba, Head of Custodial Services at PrimeBankKenya
The system we had initially had not been developed to handle that scale.
03/16/2017
Giro Commercial Bank aligns to the I&M brand after acquisition
All Giro Bank stakeholders including depositors, 110 employees, and creditors have been absorbed by I&M Bank.
03/16/2017
Grindrod Bank willing to keep servicing its Sassa client base, but interest issue lingers
The bank praises the Sassa-CPS biometric debit-card programme
03/15/2017
S.African Banks on Offensive
Ownership deals are usually financed through loans by banks to black individuals or groups.
03/14/2017
CBK in final stage of licensing two banks
The two firms had received an approval in principle before the indefinite suspension of new banks.
03/14/2017
SA's Major Banks produce credible results against economic headwinds
The banking industry continues to respond to multiple headwinds.
03/13/2017
Portugal's CGD bank seeks to sell Spanish, S.African operations
It planned to maintain operations in markets with Portuguese affinity.
03/13/2017
The biggest banks in South Africa by customers
By producing an above-inflation growth rate, in a period when there was very little growth in the economy.
03/10/2017
GTBank Posts Profit, Recommends 175k Final Dividend
GTBank’s non-performing loans remained low and within regulatory threshold at 3.66 per cent with adequate coverage of 131.79 per cent.
03/10/2017
Afgri pursues Bank of Athens' SA stake
Afgri also has a subsidiary called GroCapital Financial Services, whose services include trading futures contracts for farmers.
03/10/2017
GTB, Access and Zenith Banks Take Over Etisalat Nigeria
The loan involved a foreign-backed guaranty bond and was given to Etisalat to finance a major network rehabilitation and expansion of its operational base in Nigeria.
03/10/2017
South Africa's FirstRand H1 profit up on auto finance boost
Wesbank, its auto finance business, posted a 9 percent rise in earnings, outpacing a 2 and 3 percent growth in retail and investment banking units, respectively
03/10/2017
Union Bank wins most efficient Bank in e-reference operations award
The improvement in our banking operations is clearly evidenced by the growth in the daily transactions on our online banking channels.