03/31/2015
MasterCard has launched Nigeria’s first Micro, Small and Medium Enterprise (MSME)-focused Acceptance Development Programme that will extend the security and convenience of electronic payments to merchants and their customers
03/31/2015
Ecobank and First City Monument Bank have heightened the competition to attract patronage from Small and Medium Enterprises.
03/30/2015
First Bank of Nigeria Limited has been named “The Best Retail Bank in Nigeria” at the just concluded Asian Banker International Excellence in Retail Financial Services Awards in Singapore.
03/30/2015
THE financial services industry has a reputation for innovation. Along with Morocco and Egypt, SA has set a benchmark for Africa.
03/27/2015
Barclays Africa Group Limited has expressed an interest in acquiring Unity Bank PLC
03/26/2015
Republic Bank Limited says it has received the approval of the Securities and Exchange Commission to its Offer Document to HFC Bank
03/26/2015
Capitec’s incredible share price growth dwarfs that of the other banks.
03/26/2015
West and Central Africa remain under-served in terms of financial services and have strong growth potential, with a population of more than 490 million inhabitants.
03/25/2015
Nigeria’s Skye Bank Plc, a lender deemed systemically important by the West African country’s regulator, will sell as much 100 billion naira ($500 million) of debt to improve its liquidity.
03/24/2015
He stressed that existing developmental institutions in the country included the Bank of Industry
03/20/2015
The chairperson of the Portfolio Committee on Trade and Industry, Joan Fubbs, says the banking sector must lend money in a responsible way that will not contribute to consumers drowning in debt
03/20/2015
French bank Societe Generale said on Thursday it had agreed to buy a stake in Mauritius Commercial Bank Mozambique (MCBM) as part of its strategy to tap strong growth in Africa
03/20/2015
The development resulted in its share price losing some value
03/19/2015
Mauritius Commercial Bank Group and Société Générale signed an agreement on 18 March for Société Générale to become a shareholder in the Group’s Mozambique branch
03/17/2015
The bank on March 10 began a partnership with Safaricom Ltd., East Africa’s biggest mobile network operator, to offer paperless banking accounts, known as KCB-Mpesa.
03/17/2015
The goal is to replicate what it has done in Cameroon
03/16/2015
“Nigerian banks are robust and strong enough to take losses”
03/16/2015
UAE banks may have been posting double-digit growth in net profits, but they are on the prowl for assets outside their home turf to diversify from the competitive home market
03/15/2015
Nigel Chanakira’s Kingdom Bank Africa Limited is technically insolvent, with liabilities of $19 million against assets worth $5,2 million, a report by the bank’s temporary manager has shown.
03/13/2015
Why Customer Base Expansion Isn’t Standard Bank’s 2015 Target
Competition in South Africa is fierce.