03/17/2015
Kenya Commercial Bank Targets 30% Gain in Mobile Transactions
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.
Retail Banking
03/17/2015
Cameroonian group Afriland First Bank enters insurance market in Cote d’Ivoire
The goal is to replicate what it has done in Cameroon
03/16/2015
Nigerian banks: Resilient despite economic meltdown
“Nigerian banks are robust and strong enough to take losses”
03/16/2015
UAE banks branch out abroad as home market gets crowded
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
Chanakira’s Botswana bank insolvent
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.
03/11/2015
Indian expansion approval for Africa’s largest banking group
Africa’s largest banking group by market value, said it will expand in India after receiving regulatory approvals
03/10/2015
FirstRand eyes India expansion as law changes for bank investors
FirstRand is considering converting from a branch to a subsidiary license
03/09/2015
Morocco lures Sharia cash with first Islamic bank
Morocco is poised to have its first full-fledged Islamic bank as early as September as the only North African country rated investment grade seeks to tap the US$1.8 trillion industry.
03/06/2015
Atlas Mara says to target Africans ignored by other banks
Atlas Mara , the newest entrant to the African banking market, plans to target low-income earners in additional to the multinational companies and middle-class consumers existing lenders have concentrated on
03/06/2015
Airtel Ghana, Sahel Sahara Bank in strategic partnership
Airtel Ghana and Sahel Sahara Bank have signed a Memorandum of Understanding to enhance the business potential of both parties.
03/05/2015
Nigerian Lender UBA Takes Services To Facebook With U-Social Banking
All UBA customers who are on Facebook can access the easy-to-use platform via mobile or desktop devices
03/04/2015
Banks with the best initial deposit requirement for dollar accounts in Ghana
Another bank that will virtually require no money from you before it opens a dollar account for you is Royal bank.
03/03/2015
Barclays eyes Nigeria licence as it reports higher full year earnings in Africa
Barclays Africa Group has applied for a Nigerian banking licence and wants to take over the Egypt and Zimbabwe units still ran by its parent company, it said on Tuesday after reporting higher profits.
03/03/2015
Barclays African unit may buy parent’s Zimbabwe, Egypt banks in ‘low risk’ strategy
Bank’s wealth and investment management and insurance unit waiting for a Kenyan license and may consider West African expansion.
03/02/2015
Takeover bid for Portugal’s BPI bank opens way to consolidation in the Angolan banking sector
The Africa Intelligence Monitor newsletter said Isabel dos Santos is only interested in selling the BPI stake through a prior agreement
03/02/2015
National Bank of Abu Dhabi Eyes Expansion
The United Arab Emirates Lender Plans to Broaden its Reach Across Africa, the Middle East and Asia
03/02/2015
Namibia: Nedbank Now Also to Scrap Deposit Fees
In terms of the directive, individual clients are exempted from paying for cash deposit fees
02/27/2015
Kenya's regional bank to expand African markets
Oigara said for the year ending December 2014, the bank made a profit before tax of 260 million U.S. dollars
02/27/2015
Diamond Bank unfolds new business packages
The need for extensive planning before venturing into business has been stressed at a public forum organized by Diamond Bank, Plc