03/20/2015
French bank Societe Generale said on Thursday it had agreed to buy a stake in Mauritius Commercial Bank Mozambique (MCBM) as part of its strategy to tap strong growth in Africa
03/20/2015
The development resulted in its share price losing some value
03/19/2015
Mauritius Commercial Bank Group and Société Générale signed an agreement on 18 March for Société Générale to become a shareholder in the Group’s Mozambique branch
03/17/2015
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.
03/17/2015
The goal is to replicate what it has done in Cameroon
03/16/2015
“Nigerian banks are robust and strong enough to take losses”
03/16/2015
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
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 is considering converting from a branch to a subsidiary license
03/09/2015
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 , 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 and Sahel Sahara Bank have signed a Memorandum of Understanding to enhance the business potential of both parties.
03/05/2015
All UBA customers who are on Facebook can access the easy-to-use platform via mobile or desktop devices
03/04/2015
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 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
Bank’s wealth and investment management and insurance unit waiting for a Kenyan license and may consider West African expansion.
03/02/2015
The Africa Intelligence Monitor newsletter said Isabel dos Santos is only interested in selling the BPI stake through a prior agreement
03/02/2015
The United Arab Emirates Lender Plans to Broaden its Reach Across Africa, the Middle East and Asia