10/31/2023
Afreximbank’s Rene Awambeng Named in Powerlist Black Excellence Awards
Oramah, also emphasised that the achievements represented the beginning of an even greater journey ahead.
Retail Banking
10/30/2023
FBN Holdings’ nine-month profit jumps 159% to N236bn
At the same time, our credit risk portfolio remains healthy, with an NPL ratio of 4.6 percent and a coverage of 85.4 percent.
10/26/2023
South African consumers are struggling – but still find money to splurge
Political instability and corruption, unemployment, poverty and inequality and load shedding were named as the main structural impediments to improving consumer finances.
10/26/2023
Paystack’s plan to dominate SA payments tech
Bronkowski outlines Paystack’s business model; strategy for growth in the SA market
10/20/2023
CBK injects record-high Sh100 billion into banks
Reverse repos are a form of securitised borrowing by banks from the regulator, using their holdings of Treasury bills and bonds as collateral.
10/19/2023
Dark clouds gather for punch-drunk retailers in South Africa
Looking over a longer period, retail trade sales decreased by 1.1% in the three months ended August 2023 compared with the three months ended August 2022.
10/19/2023
Access Bank and Visa partner to facilitate B2B cross-border payments
The collaboration will enhance customer experience and develop commerce across various trading corridors
10/16/2023
Bank deposit compensation scheme grows 16.7 percent to Sh179.8 billion
New disclosures by the Central Bank of Kenya (CBK) show the deposit insurance scheme run by the Kenya Deposit Insurance Corporation (KDIC) now has a coverage of Sh750 billion
10/13/2023
Zenith, Access, FBN, others make list of top 100 banks in Africa
The report said the top Nigerian bank is Zenith Bank, ranked 12th among the 100 African banks.
10/11/2023
TymeBank’s monster growth – 200,000 customers signing up every month
Jonker noted that TymeBank’s customer acquisition rate has continued to accelerate, with more than 200,000 customers signing up every month and a 70% account activity rate on a rolling 30-day basis.
10/05/2023
Equity Bank bags 6 prizes at Euromoney Awards
These prestigious accolades reaffirm our unwavering commitment to transforming lives
10/04/2023
First Bank, Lafarge assure customers of support
Martins, who was represented by Group Head of First Bank, Mobolade Ojeahere, said the forum would help the distributors identify the various challenges in the industry
10/04/2023
Bank Zero launches commercial banking
Due to the higher transaction volumes, savings for larger businesses are exponential, the group said.
10/03/2023
North Africa’s Top Banks in 2023
The top four in our 2023 ranking of North Africa's Top 20 banks remain unchanged from last year, with National Bank of Egypt at #1 and Banque Misr at #2.
10/03/2023
Kenya picks Citi and Standard Bank to advise on maturing $2 billion Eurobond
Finance Minister Njuguna Ndung'u has sought to downplay the situation, saying it is not a "big deal".
10/03/2023
Three Moroccan Banks Secure Spots in Africa’s Top 10 for 2023
The Banker said that Moroccan banks demonstrated resilience and stability in a challenging economic environment.
10/03/2023
Bond auctions underperform amid investor-CBK interest rate standoff
On the T-bills sale, which targeted Sh24 billion across the three tenors of three, six and 12 months, the State managed to raise Sh4.52 billion.
10/02/2023
How we fared in sustainability, innovation, by Union Bank
The 7th edition of the report, titled ‘Driving Inclusive Growth; Impacting Lives, Enabling Success,’ provides an extensive overview of Union Bank’s ongoing commitment to fostering a sustainable future.
10/02/2023
GCB introduces new mobile banking application
The enhanced App, which replaces the current one, comes with more exciting features.
10/02/2023
NCBA, National Bank step up battle for retail customers
Our goal is to offer the support to overcome these, enabling them to realise their full potential,” said NBK managing director George Odhiambo.