Managers of Wealth Africa

StanChart in new drive to grow market share in Africa

Standard Chartered operates across in 38 African economies, 16 on a full-presence and 22 on a transactional basis.

A strong East African business strategy pays benefits

The acquisition of Fina Bank, which had an East African footprint with presence in Kenya, Rwanda and Uganda, gave GTBank entry to the East African region as it allowed us set up shop in three countries at the same time.

Stanbic Bank swoops five awards at 2016 Ghana Banking Awards

“These awards go a long way to entrench Stanbic’s position as a great force to reckon with in the Ghanaian Banking industry,” he said.

Banks should prepare for bigger Businesses- Albert Essien

According to Essien, banks need to do their own stress testing and capitalise themselves to be able to withstand shocks and prepare for bigger businesses.

Fidelity Bank wins 15th Edition of Ghana Banking Awards

Ahead of 27 other banks

Frank Adu Jnr, others honored at 15th Edition of Ghana Banking Awards

The personalities were honored due to various contributions they have made to transform Ghana’s banking industry.

Exim Bank Tanzania Assets Top U.S.$3 Billion

Exim Bank Tanzania now holds 58.60% stake in the newly formed entity - Exim Bank Uganda Limited.

United Bank For Africa reports HY profit before tax 40.27 bln naira

Board of directors have proposed an interim dividend of 0.20 niara per share

One of Kenya's big bank suspends unsecured loans after Uhuru signed new law

Though not confirmed, the memo appears to have been done by a senior manager at Commercial bank of Africa.

Banks must consider mergers and acquisitions - CIB

However, Mr. Mettle argues that the current situation the central bank faces with some banks makes it reasonable for the capital requirement to be increased.

Ethiopia: CBE Boasts Positive Fiscal Performance

Despite the growth in profits being impressive, the rate is far below its five-year average of 41pc

Amenfiman Rural Bank Receives Two Global Excellence Awards

Both received a citation and a certificate as Excellent World Business Person.

Botswana Savings Bank implements CR2’s BankWorld ATM

This is a clear demonstration that BSB is not only moving at speed in embracing digital banking but is constantly working at exceeding customer expectations by launching new products.

Banks defy CBN’s order on dollar sales to BDCs

We also want the CBN to licence more International Money Transfer Operators to deepen the market.

Yegs Ramiah reaps Loeries 2016 Marketing Leadership and Innovation Award

Alistair King, chief creative officer of King James South Africa commented that Ramiah's meteoric rise within Sanlam is remarkable

Kenya: Chase Bank Takes More Steps Towards Full Recovery

The bank had been limited to only a few services such as money transfers and automated teller machine, and was awaiting the approval to accept deposits and issue loans.

Guaranty Trust Bank First-Half Profit Jumps 45% on Currency Gain

Guaranty Trust also reported a 48 percent increase in net fee and commission income to 34.8 billion naira.

KDIC hires trauma experts to counsel staff after banks fall

Kenya has seen 27 lenders collapse or put under receivership in the country’s banking history.

Discovery ready to move into banking

Gore started Discovery as a private health insurer in 1992 and has since expanded into investments, credit cards, life insurance and property and casualty cover.

New Discovery bank on its way

Discovery announced its plan to establish a retail bank in 2015, which will compete against ABSA, FNB, Nedbank, and Standard Bank.

Retail Banking