11/17/2016
Cooperative Bank records Sh15.2 billion profit before tax
The Bank’s regional expansion strategy will involve similar Joint Venture models in other countries notably Rwanda, Uganda, Tanzania and Ethiopia in the next 5 years.
Retail Banking
11/16/2016
Kenya: Lender Shifts Attention to Farmers
The small-sized lender, which controls only 0.1 per cent of the loan accounts and 0.3 per cent of the total deposits in the banking sector.
11/16/2016
List of banks that handled stolen NYS cash
The Committee listed 17 more banks that handled the stolen cash.
11/14/2016
A case against brick and mortar banking
The digital platform has enabled it reach 15,000 in just two weeks of launch since it allows for inter operability
11/10/2016
East Africa: Loan Growth and Cost Management Initiatives Are Key in KCB Group Q3 Pre-Tax Profit
The registered customers on mobile make up over 75% of the total customer base in the Bank.
11/10/2016
Kenya’s Largest Bank To Enter Southern Africa Via Botswana Stock Exchange
The move is part of the lender’s efforts to spread operations outside the Eastern Africa region and reduce reliance on the Kenyan market
11/10/2016
Capital Bank Increases Branch Network in Kumasi
The new branch is part of Capital Bank’s strategy of rolling out world class branches with a strong African identity
11/08/2016
Kenyan tycoon on the spot after Uganda bank collapse
Crane Bank bank had failed to meet the legal requirements of its operating licence
11/04/2016
Kenya's Equity Bank sees mobile banking growth offsetting rate cap
Equity also offers mobile phone banking, including lending, through its subsidiary Equitel.
11/04/2016
GCB Bank develops three customer-friendly policies
New executive members of the PMSU were elected to steer the affairs of the union for the next four years.
11/03/2016
Bank queues worsen
Winding queues of depositors, comprising pensioners, the working class and rural-based civil servants, have lengthened at banks as depositors camp at banking halls to withdraw their money.
11/03/2016
Tanzania: Understanding the Twiga Bancorp Takeover
Twiga Bancorp will not conduct normal banking business for one week to allow for crafting arrangements for its future operations
11/02/2016
Visa partners with Ecobank to bring low cost digital payments to millions of merchants across Africa
mVisa addresses the need for a convenient, low cost acceptance payments service throughout the continent.
11/02/2016
Union Bank launches elite banking for middle class
It also provides benefits, such as zero maintenance fees on accounts.
11/01/2016
Business LIST of 5 Banks With High Profits Despite Recession
The huge profits was said to be as a major boost from the foreign exchange revaluation gains.
10/31/2016
Banks’ profits rise despite recession
Five out of the 10 banks that declared results so far reported significant gains while the remaining five recorded decline in profits.
10/31/2016
GTBank Ghana Snatch 2 Awards At 2016 West Africa Awards
The bank’s superiority in the area of electronic banking in Ghana was further reinforced when the Bank was awarded the Best Online Platform – Ghana.
10/28/2016
Bank launches Elite Banking for emerging middle class
The middle class now gets to enjoy value added banking benefits
10/26/2016
Ecobank Introduces New Banking Mobile App
The Ecobank Mobile App uniquely leverages the power of digital to deliver real convenience to customers.
10/26/2016
Discovery granted retail banking go-ahead in South Africa
Discovery announced its intention to establish a new bank in South Africa in late 2015, following an acquisition of the credit card unit of FirstRand Bank.