11/06/2013
Kenya: 138 Percent Rise in Family Bank Q3 Profit
Family Bank has recorded a 138 percent growth in pre-tax profit for quarter three,
Retail Banking
11/04/2013
Nedbank Opens Africa’s First ‘Green’ Bank
The bank draws energy from solar and wind sources, then converts it to standard mains electricity which is fed into the national grid, effectively cancelling out its own consumption.
11/03/2013
UBA Assures Shareholders on High Returns
The Group Managing Director, United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza, has assured shareholders that the bank is focused on delivering full year results that will adequately reward them. Oduoza gave this assurance while commenting on the ba
11/03/2013
GTBank records healthy rise in 3rd qtr profits
The group’s Managing Director/Chief Executive Officer Mr. Segun Agbaje had attributed the bank’s success to the continued support of its customers, hard work and strong corporate governance standards.
11/03/2013
GTBank Records Healthy Rise in 3rd Qtr Profits
Guaranty Trust Bank Plc, parent company of Guaranty Trust Bank Limited has announced a profit before tax of US$512million for the nine months ended September 30, 2013
11/03/2013
Banking-Kenya: Banks Go Out For Outstanding Loans
Banks now plan to aggressively pursue lenders in the current quarter to increase value of loans recovered and boost their asset value.
11/02/2013
Bank of Fujairah plans big Africa expansion
National Bank of Fujairah may open trade finance offices in Africa as part of an expansion of foreign business
10/30/2013
Nigeria's Union Bank 9-Month Pretax Profit Falls Sharply
Nigeria's Union Bank said on Thursday its nine month pretax profit fell 46.16 percent to 6.81 billion naira, from 12.65 billion naira last year.
10/30/2013
KCB Posts 17pc Q3 Growth To Sh15.2bn
Net interest income for the nine-month period grew by 12 percent to Sh24.3 billion up from Sh21.7 billion during the same period last year.
10/29/2013
Nigeria: Zenith Bank Declares N69 Billion Q3 Profit
Zenith Bank Plc has reported a profit after tax of N64 billion for the nine months ended September 30, 2013 with the loans and advances portfolio hitting N1.1 trillion.
10/29/2013
Skye Bank reports record gross earnings
In the third quarter to September 30, 2013, Skye Bank Plc recorded gross earnings rise of N102 billion from N94 billion in the corresponding period of 2012.
10/27/2013
Nedbank ‘performs solidly’, says CEO in trading update
The group’s capital adequacy ratio remained within its respective internal target ranges, with the common equity tier-1 ratio at 11.6% following the payment of the interim dividend in September 2013.
10/27/2013
UBA Global Investor Services is Nigeria’s Custodian Bank of the Year
Acquisition International’s 2013 Finance Awards are the only awards that celebrate achievement, innovation and brilliance from an international perspective.
10/27/2013
StanChart Shuts Down Nairobi Corporate Advisory Unit
The shut-down became necessary due to the unit’s poor performance
10/27/2013
Ecobank Opens Representative Office In Ethiopia
Ecobank Transnational Incorporated the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa.
10/27/2013
Kenya: HF Continues to Build Profits
Housing Finance has posted a 58 percent rise in pre-tax profit to Sh894.7 million during the third quarter of 2013 up from Sh563.6 million recorded in a similar period in 2012.
10/26/2013
Brown Puts Nedbank on sure Footing
Since Mike Brown took over as chief executive of Nedbank in March 2010 he has quietly built a formidable bank that is outperforming rivals in a number of ways.
10/25/2013
Mauritius Commercial Bank full-year profit up 3 pct
Mauritius Commercial Bank posted a 3.3 percent rise in full-year pretax profit on the back of a growth in its loan book
10/24/2013
Angola’s Poupança e Crédito bank returns to providing loans in November
Angolan state bank, Banco de Poupança e Crédito is due in November to start providing loans to customers again
10/23/2013
Diamond Bank, MTN Partner to Offer New Retail Service
Diamond Bank and MTN Nigeria have signed a comprehensive Memorandum of Understanding to accelerate the launch of a hybrid bank account