Managers of Wealth Africa

Access Bank Reports 40% Increase in Profit to N176.7bn

assets of N11.7trillion as at December 2021, a growth of 35 per cent from N8.7trillion as at 2020.

Standard Bank ranked as Africa’s most valuable banking brand in 2022

Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s ranking of the world’s Top 500 Banking Brands, after increasing its brand value by 26% to USD1.583 billion.

Big five banks deploy digital at unprecedented time frames

The index provides insights into the overall level of satisfaction among customers of SA’s top five retail banks.

Unity Bank, NASME empower women-owned MSMEs

Managing Director/Chief Executive Officer of Unity Bank, Mrs. Oluwatomi Somefun

Standard Bank employs AWS technology to boost Shari’ah Banking services

The bank introduced the Shari’ah Banking Call Centre on 9 March 2022, that seeks to resolve customers’ queries remotely and efficiently while maintaining all the requirements of Shari’ah Banking.

Kenya: Co-op Bank net profit jumps 52% to Sh16.5 billion

Net interest income grew 13percentt to Sh41 billion while non-funded income grew 11 percent to Sh19 billion.

KCB's Net Profit Rises by 74% to hit KSh 34.2 Billion Helped by Lower Credit provisions

KCB Group has recorded a 74% rise in net profit on the back of increased income, cost management and lower credit provisions

South Africa's major banks deliver strong financial performance

Learnings from navigating the extreme uncertainty during earlier phases of the pandemic

The most exclusive credit cards in South Africa

Discovery Bank offers two different banking products, the Discovery Bank Purple Suite for South Africa’s wealthy and the Discovery Bank Purple Wealth Suite for the super-rich.

Access Bank: Leveraging HoldCo Structure for Expansion, Value Creation

Previously, FBN Holdings, Stanbic IBTC Holdings and FCMB Group, were the three financial institutions operating holdco structures until last year when the central bank recently granted approval to Access Bank Plc, Guaranty Trust Bank and Sterling Bank and

South Africa's Standard Bank reports 57% profit jump

The bank said its headline earnings per share - the main profit measure in South Africa - stood at 1,573 cents

Nedbank Group profit up sharply after stronger economic growth boosts credit demand

The 2022 growth target also falls within a slowing and uncertain economic growth environment.

BOI’s $1bn Syndicated Term Loan Facility Receives Accolades

We look forward to intensifying our efforts to catalyze sustainable economic growth for Nigeria and the continent at large

South Africa's Standard Bank in talks to exit JV with China's ICBC

Standard Bank said ICBCS could not yet assess the impact on its 2022 results.

Banks colluded to shut down Sekunjalo accounts, Competition Tribunal told

But responding banks reject this claim, saying Sekunjalo posed serious reputational and commercial risks.

Banking fraud fears, poor network keep card payments low

The number of mobile money Lipa na Mpesa merchants in the meantime stood at 387,000 as at September 2021, data from Safaricom shows, having jumped from 122,000 in March 2013.

Absa is Now Letting Android Users Turn Their Phones Into Card Machines

NFC allows customers to pay using their card, wearable or other contactless wallet option of choice.

UBA: Growth in Interest Income Drives impressive Performance

UBA in the period under review also improved on its top-line performance by 7.8 per cent to N660.22billion in 2021 from N616.84billion reported in 2020.

United Bank for Africa Plc reports profit of N119 billion in 2021

UBA’s profit performance is on the back of all margin growth as income from interest and fees and commission income are all appreciated year on year.

East African apex banks optimistic of economic growth despite risks

The governors said in a joint statement issued in the Kenyan capital Nairobi that the regional economy has been on a recovery trajectory with an average growth of 4.2 percent posted in 2021

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