04/04/2022
The partnership with DKM is a sequel to the bank’s ongoing collaboration with the Ake Arts and Books Festival as well as its partnership with the Nike Arts Gallery, among others.
04/04/2022
UBA’s NPL dropped to 3.60 per cent from 4.70 per cent in 2020.
04/04/2022
In comparison, Non-Funded Income just recorded a 33 % growth during the reporting period.
04/01/2022
Dr Addison said total deposits recorded a year-on-year growth of 18.2 percent to GH¢123.0 billion.
03/31/2022
The Bank said the emerging recovery of the Ghanaian economy in 2021, from a difficult position the previous year, was also a key factor in the improvement in revenues.
03/31/2022
A further look at the results show that the lender earned N603.37 billion from its lending business as Interest income grew by 14% from N531.22 billion.
03/31/2022
While economic activity rebounded in the final quarter after being interrupted by multiple shocks in the third quarter
03/31/2022
The awards included Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money Market Funds.
03/30/2022
Much of the visit’s focus will be on strengthening ties and building closer collaboration between the African Development Bank and the United Arab Emirates.
03/28/2022
The Group’s continuous drive for retail deposits combined with the strategic rebalancing of its funding base helped to reduce the cost of funding from 2.1 per cent to 1.5 per cent in the current year.
03/27/2022
The one-year window through which the lenders had extended and restructured the loan repayments for customers adversely impacted by the pandemic expired on March 2, 2021 and the borrowers were given three months to regularise their loan repayments.
03/25/2022
The Nigerian banks reckon they will ride on the billions of dollar flows in annual trade between Nigeria and Kenya to gain market share, a pointer that it targeting trade finance.
03/24/2022
In addition, Ecobank Cameroon, Ecobank Côte d’Ivoire and Ecobank Kenya were all named Best Treasury & Cash Management Banks 2022 in their respective countries.
03/24/2022
The report paints a bleak picture of how four commercial banks control almost 90% of the country's banking sector.
03/24/2022
The lender has reinstated dividend after freezing payouts in 2019 and 2020
03/23/2022
Ahead of the 16th edition of the African Banker Awards, scheduled for May this year, we look back at 15 exciting years of an event that was the first of its kind in Africa.
03/22/2022
The group claimed the credit bureau was using the word “password” as its password.
03/21/2022
The Group’s net profit for 2021 jumped 74 percent to Ksh34.2 billion ($300 million) from Ksh19.6 billion ($171.92 million) in the previous year (2020) buoyed by increased revenues from trading operations and by over 50 percent reduction in loan loss
03/21/2022
Speaking during the visit, the Managing Director Hassan Usman welcomed the delegates, and assured them that Jaiz Bank is ready to work with them to “share knowledge.”
03/21/2022
Discovery Bank does not have an entry-level transactional account and thus has been excluded.