05/27/2015
Equity Group buys into DR Congo bank for Sh6b in pan African expansion bid
ProCredit Bank is a leading player in the SME sector in the DRC
Retail Banking
05/26/2015
Ecobank named African Retail Bank of the Year
The Ecobank Group won the award over four other finalists, CRDB Tanzania, FirstRand (South Africa), Standard Bank South Africa and United Bank of Africa.
05/26/2015
Atlas Mara Said to Consider Bid for Stake in Mozambican Bank
Moza Banco is a consumer and commercial lender 51 percent-owned by local investors and 49 percent by Novo Banco SA, the Lisbon-based bank that emerged from the breakup of Banco Espirito Santo SA.
05/25/2015
Second Somali commercial bank open for business in Mogadishu
Premier Bank is the second financial institution which launched banking services in Somalia
05/25/2015
Nigeria’s Amcon Recovers 57% of Bad Debts Bought in Bank Crisis
The state-owned agency, known as Amcon, managed to collect or reorganize the debt it bought at a rate of 1.07 times for what it paid for them, above its 80 percent target
05/25/2015
Ecobank Nigeria Secures $15m Credit
The program, according to the bank, provides credit guarantee to encourage commercial financing of US agricultural commodity exports
05/24/2015
CBK licenses Choice Microfinance Bank
The bank has acquired a core banking system capable of handling 10 branches which will accommodate our targeted growth
05/21/2015
Zimbabwe: Kingdom Bank Africa Under Final Liquidation
The High Court has appointed Mr Max Marinelli and Mr Chris Bray, both chartered accountants in Gaborone to oversee the liquidation.
05/20/2015
Mashreq launches Visa checkout solution in Central Europe, Middle East and Africa
Mashreq has become the first bank in the Central Europe, Middle East and Africa region to launch Visa Checkout, a new digital payment service offered to all Mashreq credit and debit cardholders that reportedly makes online purchases simpler, faster and sa
05/20/2015
Kenya: Cloud Lending Solutions Opens Nairobi Office to Reach Regional Clients
Leveraging his vast experience and expertise, Harold Rosen will help guide and strategize Cloud Lending's efforts
05/18/2015
CCML launches ‘Hello Banking Initiative’
The Christian Community Microfinance Limited (CCML) has launched its ‘Hello Banking Initiative’ and its centre at Haatso in Accra
05/15/2015
IFC helps Chase Bank Kenya increase access to finance for women
International Finance Corporation , a member of the World Bank Group, has entered an agreement with Chase Bank Kenya
05/15/2015
Sierra Leone News: FBN buys over ICB’s Le 59 billion total assets
He added that ICB is a well-run bank with a good customer base.
05/13/2015
Kenya's Equity Bank plans 10-nation Africa expansion
Equity will consider acquisitions in Nigeria, Democratic Republic of Congo and Ethiopia
05/12/2015
Access Bank launches high interest ‘Goal’ account
The unveiling of the high interest yielding ‘Goal’ account coincides with the launch of a year-long new savings drive dubbed
05/11/2015
Barclays unveils paperless banking
Our clients can now access their accounts, transfer funds, pay bills, order cheque books
05/11/2015
Our staff is our strength – Ecobank MD
The Managing Director of Ecobank Ghana Samuel Ashitey Agyei has attributed the success of the bank over the years to the quality of its staff
05/11/2015
Columinate 2015 Internet Banking SITEisfaction survey shows improvement from local banks
The study has put questions to over 5,000 internet banking users,
05/10/2015
BAOD signs credit facility agreement with BADEA
Messrs. Christian ADOVELANDE, President of the West African Development Bank, and Abdelaziz KHELEF, Director General of the Arab Bank for Economic Development in Africa, have signed an agreement under which BADEA has provided to BOAD a credit facility of
05/05/2015
Meet The Boss Of Morocco's Largest Commercial Bank
The ALN creates and strengthens relationships between these leaders to encourage intra-African trade, investment, and collaboration