06/02/2014
Access Bank Mulls London Stock Exchange Listing
Shareholders of Access Bank had two months ago approved plans by the bank to raise $1 billion to enhance its operations.
Retail Banking
05/30/2014
HFC Future Plan Trust and Equity Trust hold AGM
The Fund Manager of the HFC Future Plan Trust and Equity Trust said strategic plans are in place to enable the Trust to take advantage of any volatility in both capital and money markets, to the advantage of Unit Holders.
05/29/2014
Retail Sector In Nigeria Has A Promising Future- Oduoza
These factors, according to him, include the ongoing reforms in key sectors of the Nigerian economy
05/27/2014
Guaranty Trust Bank wins 2014 African Bank of the Year
The African Banker Awards is one of the biggest annual events that recognises and celebrates the achievements of the financial services industry in Africa.
05/27/2014
Access Bank to capture bigger market share
The strategy seeks to push Access Bank to become one of the top three banks in the country within the next five years
05/26/2014
AMCON and bid for Mainstreet Bank
They queried the method and hurried approach of AMCON in the sale process
05/23/2014
SA companies shaping the future of African business
A companies dominated the latest World Economic Forum’s global growth companies list, with six local businesses named the most dynamic in terms of growth on the continent
05/23/2014
NIC Bank 2013 pretax profit up 11 pct
The shareholders of NIC Bank Group have commended the Board and Management for the continued good performance of the Group
05/20/2014
Our vision is to be Nigeria’s retail bank of choice – Unity Bank CEO
Three is rural economy
05/20/2014
African Bank is keeping its funders close
Kirkinis said there would be no rights issue for now
05/16/2014
Stanbic Bank, Metropolitan Bank to launch new products
Stanbic Bank Ghana Limited and Metropolitan Bank have collaborated to launch three new products that will enhance consumer safety within the country.
05/09/2014
Transaction Capital sheds unsecured loans, profit up 28%
Transaction Capital sold unsecured personal loans business Bayport and ATM company Paycorp during the interim period.
05/09/2014
Update 1- Standard Bank has no immediate plans for Nigerian acquisition
Africa's biggest lender Standard Bank aims to take advantage of opportunities in Nigeria by expanding its existing operations and has no immediate acquisition plans
05/07/2014
130 senior bankers attend The Asian Banker first annual Middle East and Africa Awards Programme
The Asian Banker's Middle East and Africa Awards are acknowledged by the financial services industry as the highest possible accolade available to professionals and banks in the industry in the Middle East and Africa.
05/05/2014
National Bank boss voted ‘Banking CEO of the Year’ for 2014
Organised by the Think Business in conjunction with Deloitte and Infotrak Africa, the honour is awarded to a CEO of Bank in recognition of exemplary leadership and contributions to the overall growth of their organisation.
05/02/2014
FCMB Group’s Pretax Profit Rises By 15%
The First City Monument Bank Group has declared a 15 per cent rise in profit before tax for the first quarter ended March 31, 2014.
05/02/2014
African Bank Investments says banking unit to show headline loss
Expects a headline loss of between R3,1 billion and R3,3 billion relative to R604 million restated headline earnings for equivalent six months to 31 March 2013
05/02/2014
NMB declared best bank in Tanzania
Only four banks from Tanzania featured in the competition that was dominated by banks in Kenya and that scooped most of the awards.
05/01/2014
Edcon pins hopes on Abil deal
In its results for the third quarter to December, Edcon said it ended the quarter with 133 000 fewer credit customers than in the previous corresponding quarter.
04/30/2014
Global survey shows Nigerian Banks gain consumer’s confidence as crisis fades
The results are particularly striking for Nigeria, whose banking industry neared collapse in 2009