Managers of Wealth Africa

Kenya: I&M Holdings Ranked as the Most Attractive Listed Bank

We however note that despite this marginal improvement in the asset quality, the NPL ratio remains higher than the 10-year average of 8.1%," the report noted.

CBN partners Afrexim bank, others to boost MSME financing

It aims to close the financial gaps for MSMEs while increasing their opportunities at the international market.

ABSA Uganda profit more than double but credit demand takes a hit

“Private sector business growth was underpinned by a rebound in activity in agriculture, construction, and public administration.”

Absa Uganda profit up as bad debts shrink

Absa has proposed Ush50 billion ($14.2 million) in dividends for the year ending December but have not received approval from Bank of Uganda (BOU).

Access Bank, GTB, Top LinkedIn’s Ranking on Nigeria’s Best Workplaces

The world’s largest brewer, Anheuser-Bush Inbev, ranked fifth on the list.

Union Bank of Nigeria Announces 23% Drop in Profit

The group, thus, reported 18.5 per cent increase in total assets to N2.59trillion in 2021 from N2.19trillion reported in 2020.

Standard Chartered announces changes to refocus and simplify its presence in Africa & Middle East region

The Group has invested heavily in recent years in the AME region

Arab African International Bank partners up with Liferay to accelerate its digital transformation

By implementing Liferay’s latest digital technology on the bank's website, AAIB customers will be able to smoothly and swiftly access a variety of financial services, via any electronic device

Standard Bank Wins In The 2021 JSE Spire Awards

The highly coveted annual awards marked their 20th year as the benchmark in recognising elite performance in South African capital markets, as voted for by institutional investors.

Wema Bank Ranked among LinkedIn’s Top 25 Workplaces

These were the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity and spread of educational backgrounds.

Stanbic voted best African bank

In 2021, the group outlined its 2025 ambition of being a platform business through a new operating structure, including plans to “transform client experience”.

S.Africa's Capitec bank reports 84% profit surge

The bank's headline earnings per share - the main profit measure in South Africa

Zenith Bank introduces Z-Mobile Ghana app for better services

In addition, the enhanced Z-Mobile Ghana App, enables non-Zenith customers to open an instant account.

Fidelity Bank Grows Nigerian export sector with its EMP 12 Initiative

"The programme has exposed me to standard practises and in-depth knowledge into some regulations guiding exports of goods in the international market."

UBA records N153 billion profit before tax

These figures were made public at the bank’s 60th Annual General Meeting

Banks Borrowing from CBN Decline by 0.45% in Q1

Banks deposit applicable interest rate for the SDF is at 4.5 per cent.

Rwanda: Bank of Kigali Named Best Bank in Rwanda

Following on the enormous difficulties wrought by the pandemic, these changes demand increased attention to global commercial relationships.

Kenyan banks make losses in South Sudan and why they stay on

The only profit for the lender which started operations in South Sudan in September 2013 came in the year 2015 at $7.45mln

SA banks to be the least affected by the Russia-Ukraine war among emerging markets – S&P report

South African banks have limited or no vulnerability at all across all areas that S&P looked at.

Kenya: Banks report stellar earnings growth for 2021; Equity Bank doubles profits

But the sector’s underlying performance may be skewed given a significant drop in loan impairment charges in 2021 and subsequent write-backs, which boosted bank balance sheets and results, say some analysts.

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