04/17/2015
Kenya: Banks Spend Sh5 Billion to Lay Off 900 Staff in Three Years
National Bank of Kenya and Co-operative Bank (Co-op) had the highest cost to Income ratios in the industry
Retail Banking
04/17/2015
The Realities In Nigeria's Retail Banking
Nigerian banks today face up to the new reality that is a lower capital adequacy ratio. Are we likely to see banks raising equity in 2015?
04/16/2015
Republic Bank says HFC takeover bid likely to succeed
The Bank said its hope is based on significant positive investor feedback on the offer.
04/14/2015
Capitec wants 25% of the market by 2020
Known historically as an unsecured lender, Capitec has consistently reduced the number of loans it’s granted annually since 2012
04/14/2015
Nedbank expanding African presence
Banking group Nedbank is looking to take a controlling stake in Mozambique’s Banco Unico next year and is eyeing two or three acquisitions in Southern and East Africa
04/14/2015
Nigeria’s First Bank opens branch in Sierra Leone
The expansion represents FirstBank’s strategic objective to maintain significant market share
04/14/2015
Namibia: Standard Bank Launches New Account
The interest rate of the new fixed access account is fixed for the full period of the client's investment.
04/10/2015
Ecobank Ghana consolidates top spot
The third biggest, Standard Chartered Bank (SCB), also closed the year with GH¢3,506,297 billion
04/08/2015
Guaranty Bank & Trust Expands into DFW market with Acquisition of Preston State Bank
The completion of this merger transaction with DCB adds approximately $127 million in total assets
04/02/2015
Atlas Mara's Botswana-based ABC Holdings bank posts 2014 loss
Bad debt charges rose 98 percent to 650 million pula following an effort to clean up the lender's balance sheet, acting Chief Executive Blessing Mudavanhu told reporters.
04/01/2015
Evolution of Nigeria’s Newest Megabank
As Skye Bank begins the integration of Mainstreet Bank Limited, Goddy Egene traces how Skye Bank started the journey to becoming one of the megabanks in Nigeria
04/01/2015
Ecobank launches an ‘SME club’ to grow small businesses
Ecobank Ghana has launched ‘SME’ Club to offer preferential business support, products and services to its Small and Medium size Enterprise (SME) customers across the country.
04/01/2015
Nigeria's Skye Bank plans $251 mln rights issue after debt sale
Skye Bank, which acquired nationalised lender Mainstreet Bank this year, said in a statement the shares sale is expected to commence after a shareholders' meeting scheduled for May.
03/31/2015
Nigeria’s Skye Bank to Raise Up to $250 Million in Share Sale
Skye Bank Plc, the Nigerian lender that sold bonds last week, said it plans to raise as much as 50 billion naira ($250 million) by selling stock this year
03/31/2015
MasterCard unveils first SME acceptance programme in Nigeria
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
Nigeria: Banks Intensify Efforts to Attract Patronage From SMEs
Ecobank and First City Monument Bank have heightened the competition to attract patronage from Small and Medium Enterprises.
03/30/2015
FirstBank Named Best Retail Bank In Nigeria
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
Trailblazers in banking far ahead of rivals
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 Plans To Acquire Unity Bank Of Nigeria
Barclays Africa Group Limited has expressed an interest in acquiring Unity Bank PLC
03/26/2015
Republic Bank submits offer to HFC Bank
Republic Bank Limited says it has received the approval of the Securities and Exchange Commission to its Offer Document to HFC Bank