Managers of Wealth Africa

Barclays aims for bigger share of euro clearing business in Middle East

We are in lower double digit.

Attijari Wafa Bank Awarded African Bank of The Year in Geneva

Egypt-based Elsewedy Electric received the African Company of the Year award, while the Private Equity Investor of the Year award was given to AfricInvest.

Kenya’s DTB to digest Habib Bank deal before further M&A

We need this year to ensure we are well assimilated, the two banks come together seamlessly

Diamond Trust Bank to acquire Habib Bank

If approved, this will be the third successful acquisition in the banking sector in less than a year.

Two Malawian banks merge

The technical discussions have commenced and by nature are rather complex.

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.

Angolan bank BPC will be capitalised and restructured

The largest State operator providing credit to businesses and households.

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

FirstBank CEO, Adesola Adeduntan named Leadership Banker of the Year

The expansive dome of the International Conference Centre Abuja.

The Best Of The South African Banks

The bank also offers a relatively attractive dividend yield of more than 4.5%.

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.

Charles Maloba, Head of Custodial Services at PrimeBankKenya

The system we had initially had not been developed to handle that scale.

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.

Grindrod Bank willing to keep servicing its Sassa client base, but interest issue lingers

The bank praises the Sassa-CPS biometric debit-card programme

S.African Banks on Offensive

Ownership deals are usually financed through loans by banks to black individuals or groups.

CBK in final stage of licensing two banks

The two firms had received an approval in principle before the indefinite suspension of new banks.

SA's Major Banks produce credible results against economic headwinds

The banking industry continues to respond to multiple headwinds.

Portugal's CGD bank seeks to sell Spanish, S.African operations

It planned to maintain operations in markets with Portuguese affinity.

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.

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.

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