Managers of Wealth Africa

Nigeria’s Union Bank Poised For Growth

Union Bank of Nigeria today revealed a new corporate strategy as it seeks to build on “successes achieved in the past one year”.

Standard Bank ‘could release excess capital’

Standard Bank Group, Africa’s largest lender, may pay a special dividend of as much as R7bn after selling many of its overseas assets

Ecobank trims its sails to steady ship

Depositors were taking fright. The stock price was dipping. A stream of internal letters warned that the bank and the decades-old dream of building a pan-African rival to Barclays or Citibank could collapse.

Zenith Bank posts profits

The result also showed that net assets rose by 10 per cent from N462bn at the end of 2012, to N509bn in the year under review.

We’ll redefine customer experience with retail banking –Okonkwo, Fidelity Bank boss

The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo, has assured that Fidelity Bank will continue to develop strategies to not only remain relevant but also meet the challenges in the industry

GT Bank expands to Cape Coast

The move forms part of the bank’s commitment to bring more convenience to the doorstep of customers and the general public.

Thierry Tanoh keeps ECOBANK job for now

The fate of the current Group Chief Executive of ECOBANK, Thierry Tanoh as to whether he can still keep his job going forward still hangs in the balance.

Nedbank appoints new PR agency

Founded in 2008, is the largest independent PR agency in South Africa,

South African financial services provider considers buying Nigerian Bank

The bank will start commercial banking in Nigeria with its merchant banking license. “We will scale it up,” Nxasana said.

Heritage Bank Launches Agency Banking Platform

The bank also assured its customers that it would roll out money agency banking channels in months to come.

IFC recognizes Diamond bank as best issuing partner bank in Africa

team at IFC was formed in 2010 to integrate working capital financing and trade facilitation initiatives with IFC’s award-winning Global Trade Finance Program and Global Trade Liquidity Program.

ICB Bank set for a bright future after inauguration of Board

First Bank of Nigeria Limited, Nigeria’s best banking brand and one of West Africa’s largest lenders, has confirmed its pledge to transform its Ghanaian subsidiary

SOUTH Africa’s youngest licensed retail bank prepares to spread its wings

This is part of a long-term strategy to diversify into a fully fledged retail bank.

Two private banks merge in Angola

Angolan banks Banco VTB África and Banco Privado Atlântico plan to merge their operations in Angola

Nedbank adds 529,000 customers

Nedbank says it grew its retail customer segment by 529,000 or 9%, to 6.4 million during the period ended December 2013.

Nedbank wants 'more clients doing more'

Nedbank Group the banking arm of Old Mutual Plc, will continue to invest in its transactional banking franchise, which it views as fundamental to its future growth strategy

Turf wars mar selection of Consolidated Bank CEO

Consolidated Bank of Kenya board is engaged in a power struggle that could affect the operation of the State-run outfit.

FirstRand Bank First-Half Earnings to Increase as Much as 26%

FirstRand is expanding in markets including Nigeria, Africa’s most populous country with 170 million people, in order to boost growth outside its core South African market.

Nigeria: Standard Chartered Encourages Nigerians to Save

Standard Chartered Bank Plc has said that there is need for people to save in order to boost investment in the country

Barclays Africa Beats Peers After Abstaining From Loan Chase

Barclays Africa Group Ltd.is outperforming its South African peers for the first time in three years after backing out of a chase for market share in unsecured lending helped stem bad loans and boost profit.

Retail Banking