06/27/2023
The continued drop in the number of ATMs, which were once the epitome of convenience, reflects the impact of the growing popularity of agents, internet and mobile banking among customers as they search for even more convenience.
06/27/2023
The lenders have in the past responded to higher deposit rates by raising the interest rates they charge on customer loans to protect their margins.
06/26/2023
He dedicated the award to the Founder and Chairman of Zenith Bank Plc, Jim Ovia, while expressing his gratitude to the management of Zenith Bank
06/22/2023
Speaking on the awards, the Chief Executive Officer of FirstBank, Dr Adesola Adeduntan
06/20/2023
In general, the report said that the main profitability indicators of the banking sector were relatively higher than in the same period last year.
06/20/2023
Insurance penetration is relatively low in Africa compared to other regions
06/16/2023
The growth in mobile loans was an increase from the Sh157.6 billion the lender distributed in 2021.
06/15/2023
Ecobank is known over the years for its quality services provided to customers.
06/12/2023
In regulating banks, he set out his stall early, warning in his inaugural press briefing that he would not hesitate to crack the whip when called upon.
06/09/2023
Wigwe pointed out that the partnerships will enable the bank to tap into its extensive networks
06/09/2023
The Consumer Banking division’s credit impairment charge increase resulted in a sharp rise in the credit loss ratio to 11.1% from 4.8%.
06/02/2023
While most of Africa’s big banks have posted healthy profits over the previous year’s performance
06/01/2023
“Operations of our local banks in the region have been the principal driver of the foreign currency deposits. At the same time, some of the banks have been financing some of their lending externally,”
05/31/2023
President William Ruto urges settlement of payment via local currencies
05/31/2023
Ethical Boardroom is a trailblazing and leading international magazine that delivers in-depth coverage and critically-astute analysis of global corporate governance issues to help boards stay ahead of the governance curve.
05/30/2023
By bringing Standard Bank onto the platform, DP World Trade Finance now offers an array of financing solutions to African businesses, which face an ever-growing need for logistics and financial support to connect to global trade routes.
05/29/2023
Ecobank Kenya follows with an average rate of 10.7 percent while HF and Access Bank Kenya follow with 11 and 11.2 percent respectively.
05/29/2023
Co-op Bank saw customer loans jump 11% to Ksh360.1 billion up from a growth of 8% in a similar period last year.
05/26/2023
The ceremony was attended by over 300 of the continent’s leading bankers, regulators, and policymakers.
05/26/2023
In this article, we will delve into the top banks in Africa, highlighting their achievements, strengths, and contributions to the region’s economic progress.