Managers of Wealth Africa

How Ethiopia’s Largest Lender Almost Crippled The Banking System

The massive withdrawals squeezed liquidity in established commercial banks such as Awash, Wegagen, United and Abyssinia.

ICICI Bank Opens its First Branch in South Africa

First Indian Private Sector Bank to Open a Branch in Africa

African Bank a step closer to re-launch

Guardrisk cell captive to underwrite its insurance products.

Ethiopia’s Commercial Bank to open 60 branches in six months

The bank is expanding its branches to increase customer reach and improve the culture of saving, Epherem Mekuria, Communication Manager at the Bank said on Monday.

Botswana: BancABC Launches Self Registration Application

No other bank in the country offers this kind of convenience

First Bank of Nigeria Expands its Pan-African Footprint to Senegal

FBN Bank Senegal is strategically positioned to foster greater collaboration with, and provide better service for the general public, and the country’s public and private sector clients

Union Savings and Loans gets banking licence

The addition of Union Savings and Loans will bring the number of universal banks in the country to 30.

Access Bank Partners Airtel on Smart Savers Initiative

The initiative will enable Airtel customers open bank accounts directly from their mobile phones without the bureaucracy and complexities of traditional banking.

Ecobank Nigeria Launches Agency Banking Services

Ecobank Nigeria has commenced agency banking services.

Central Bank of Kenya aiding banks to hide vital details

The commercial banks report according to the template provided by the CBK, which includes the notes.

Portugal’s BPI bank proposes separation of banking assets in Africa

Portuguese bank BPI has delivered draft terms of a project to hive off operations in Africa to the Commercial Register, the bank said in a statement issued Monday through the Portuguese Securities and Exchange Commission (CMVM).

Ivory Coast to privatise struggling BHCI bank

The government plans to sell its shares to private sector investors, Bruno Kone said, following a cabinet meeting in the commercial capital Abidjan.

Ecobank Cameroun launches a bank card for pensioners covered by the Caisse nationale de prévoyance sociale

To do that, they will just have to get an Ecobank Salary Express card free of charge, the result of a partnership between the Cnps and the Cameroonian subsidiary of the Pan African bank.

Zimbabwean president slams banks for charging high rates

The banks recently reduced the interest rates by more than 10 percent after reaching an agreement with the central bank.

Zenith Bank: Game-changer in innovative retail banking

Over the years, using technology as one of its major advantages, Zenith Bank has successfully served customers at the high end

SKYE bank Plc: Confronting costs in expansion

Skye Bank takes the issue of Information Technology very key in its operations.

Nigeria Sterling Bank says open to merger to build scale

Sterling Bank, which itself is the product of a merger of six local banks, was the target of a takeover in 2011

Bank of China to Open Branch in Casablanca Finance City

The goal of the work visit of the Chinese delegation led by Yue Yi was to study the feasibility of setting up a bank branch in Morocco.

Mass Sack Looms As Six Banks Merge In 2016

There are already moves suggesting that trend, he said, but did not name any bank.

Kenya central bank head seeks to weed out ‘bad apples’

The country’s economy is one of the few in sub-Saharan Africa that is expected to grow faster this year than last.

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