05/13/2017
Mauritius MCB Group 3rd-quarter pretax profit rises 4 pct
It attributed the growth in net interest income mainly to higher investment in government securities amid persisting excess liquidity.
Retail Banking
05/12/2017
Kenyattas' Bank in Bid to Acquire Rwandese Lender
The Bank of Uganda last October took over the management of Crane Bank
05/11/2017
Fidelity Bank now SBM Kenya after Mauritian group buyout
SBM will bring its experience and expertise from Mauritius and other markets
05/11/2017
Uganda: United Bank of Africa Breaks Into Profit League
Total interest earned from Treasury bills and bonds grew from Ush8.4 billion ($2.2 million) to Ush8.8 billion ($2.4 million) during the period under review
05/10/2017
Equity Bank scoops 19 prizes at banking awards
Equity shrugged off strong competition to beat other lenders by scooping the first position in 13 other categories
05/10/2017
First Bank targets 30m customers, 70% digital transactions by 2019
We plan on having minimum of 30 million customer account over the three years.
05/09/2017
3 Kenyan bank chiefs nominated for Africa awards
Equity has been nominated in the ‘Best Retail Bank’ category while the KCB Foundation and East African Development Bank have been nominated for the ‘Socially Responsible Bank of The Year.’
05/06/2017
Stanbic IBTC introduces Nigeria’s first instant online account opening service
The new service involves an instant and easy account opening process and once a simple form is completed and submitted online.
05/04/2017
South Africa close to launch of challenger to "big four" banks
The big four banks, Standard Bank , FirstRand , Barclays Africa and Nedbank control about 90 percent of the market.
05/04/2017
Moroccan Banks Vying for African Banker Awards 2017
Five other categories including individual recognitions are chosen by multilateral agencies, international experts and the editorial board of African Banker.
05/04/2017
Morocco’s Attijariwafa Bank Completes Acquisition of Barclays Egypt
Barclays Egypt dates back to 1864 and is aimed mainly at retail banking.
05/04/2017
Commercial Bank of Africa: Secret behind its success
The promise of increased productivity and unprecedented service delivery.
05/04/2017
South Africa close to launch of challenger to "big four" banks
The big four banks, Standard Bank , FirstRand , Barclays Africa and Nedbank control about 90 percent of the market.
05/02/2017
Safe SA to Mozambique money transfers soon
Mukuru is a South African-headquartered company that specialises in money transfer services.
05/02/2017
Stanbic Bank Botswana commits to PPP agenda
This echoed The Minister of Finance’s call for public and private sectors to come together for great impact.
05/02/2017
12 investors put in bids for Chase Bank majority stake
The banking regulator did not however reveal which banks had expressed interest.
04/30/2017
Egypt's Second Largest Bank to Set up Presence in Somalia
The new expansion comes in line with the Egyptian government’s national plan to boost trade exchange
04/28/2017
FirstBank to maintain focus on retail banking, consumer financing
The Bank has maintained a leading position in many of the markets in which it operates, and has become a well recognised brand with a large customer base.
04/28/2017
UBA Group starts strong in 2017, grows profits by 41% in Q1
The Group also recorded a profit after tax of N22.4 billion in the first quarter
04/27/2017
SA Post Office To Become A Fully Fledged Bank – CEO Mark Barnes
The poorest people in South Africa pay the highest unit costs of consumption.