Managers of Wealth Africa

South African banks fall on S&P downgrade, rand weakness

We lowered our ratings on the financial institutions because we do not rate South African banks above the foreign currency sovereign credit ratings.

CBN, Access Bank Partner on Cashless Policy Awareness

He stressed that the aim of the cashless policy is certainly not to eliminate cash completel, but to reduce the amount of cash in the system.

Net profit for Kenya's top ten banks rise by 10.8pc to Sh93.81 billion

Despite KCB Group recording a 0.5 per cent growth in profits, the slowest pace in seven years, KCB Bank saw its after-tax profit soar by 19.9 per cent to Sh19.78 billion.

Hassan Khan urges Ghanaian bank to engage in interoperability

Non-bank Fin Tech companies are also disrupting the industry with major technological innovations.

Maroc Export and BMCE Bank Launch 2017 African Business Connect in Tanzania

We need to improve our capabilities.

Access Bank Deputy Managing Director resigns

The statement read that Mr. Nwosu has confirmed he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company or the regulatory authorities.

Standard Bank of Malawi moving into the future with Finacle

Finacle will usher in a comprehensive range of service and product options available through digital banking channels.

Union Bank Records Marginal Profits Rise for 2016

The profit was made from gross earnings of N126.6 billion in 2016, which is eight per cent above the N117.2 billion in 2015.

Sterling Bank launches new five-year strategic plan

We expect that the government’s fiscal intervention schemes alongside supportive economic policies will create pathways for economic recovery.

UBA to Expand to Six More African Countries

He explained that the bank’s operating licence in some of the African countries allows it to expand into some neighboring countries without raising fresh capital.

Stanbic IBTC seeks growth of contributory pension scheme

While in retirement and create economic prosperity for all.

Morocco- BMCE Bank of Africa Records a Historic Net Income

In view of the results achieved by BMCE Bank of Africa, both in consolidated and social accounts

Wema Bank grows profit by 14% in 2016

The Bank continued to benefit from its improving brand acceptance and market penetration.

Morocco's BMCE bank reports record profit for 2016

BMCE's return on equity (ROE) was 12.6 percent in 2016, down from 13 percent in 2015.

HFC Bank wins most successful Change Management Award

HFC Bank Ghana Limited has been recognised for its impressive Change Management Program under the new Leadership of the Bank.

Pelaelo implores Stanbic to list on BSE

This point assumes particular significance in the context of a country where all the 10 licensed commercial banks are subsidiaries of foreign-owned entities.

Keystone Bank constitutes transition board

The transitional governance arrangement which will take effect from the 1st of April 2017 is subject to approval by the Central Bank of Nigeria.

Nigerian central bank approves licence for development bank

The finance ministry said approval for the licence was subject to meeting the minimum capital requirement of 100 billion naira $326 million

CBK keen to get Chase Bank back on its feet

So far Chase Bank has been allowed to do all transactions including foreign exchanges and issuing loans.

Sterling Bank attracts $15m from Islamic Devt Bank

With a focus to contribute to the growth of Islamic banking in Nigeria, Sterling Bank’s non-interest banking unit has attracted a $15 million facility from the Islamic Corporation for the Development of the Private Sector

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