08/30/2023
The half-year earnings, which are higher than the Sh112.8 billion that was booked in the 2020 full-year, mark a monthly average of Sh26 billion, helped by increased interest and non-interest income.
08/30/2023
In its financial report for the period January 1 to June 30, Absa says its Customer deposits increased by 18 percent in the six months to Sh333 billion
08/30/2023
PayShap is also automatically enabled for all TymeBank customers, and there is no need to register a ‘ShapID’ using a cellphone number.
08/30/2023
Noteworthy is OjirehPrime’s unwavering dedication to delivering an unmatched banking experience, complemented by top-tier customer service and a commitment to fee-free banking.
08/29/2023
A higher EPS indicates greater value because investors will pay more for a company’s shares if they think the company has higher profits relative to its share price.
08/25/2023
The branch is equipped with digital infrastructure such as the cash Deposit machine that allows customers to bank cash without the help of a teller.
08/24/2023
Net profit retreated to Sh15.5 billion from Sh19.5 billion posted in the preceding similar period as the ramp-up in provisions overshadowed earnings from the mainstay business
08/23/2023
Additionally, the bank's total assets saw substantial growth, from GH¢ 8,602 million to GH¢10,369 million over the same period.
08/21/2023
Retain the cash limits at $10,000 or equivalent in other currencies as opposed to the $15,000 or equivalent in other currencies
08/18/2023
The lender posted a headline earnings per share of 12.8 rand for the six months ended June 30, up from 9.55 rand a year earlier
08/17/2023
Takealot launches 1-hour delivery as Amazon entry expected
08/15/2023
Risk-sharing facilities are increasingly emerging as key tools of supporting the closing of knowledge gaps by lenders
08/15/2023
Providing a third of its profit, the bank is upbeat about its prospects for growing market shares outside SA
08/14/2023
KCB Group, Kenya’s largest bank by asset size, has been the busiest in the courts, applying for the seizure of various properties for unpaid loans running into billions of shillings.
08/14/2023
The capital injection will increase Access Bank Kenya's shareholder funds and capital ratios
08/14/2023
Overall, the dividend per share for the period jumped by 5.4% from 650 cents in 2022 to 685 cents in 2023.
08/10/2023
Improved performance in domestic borrowing has helped ease liquidity bottlenecks
08/10/2023
Relationship Manager, Africa China Banking, Stanbic IBTC Bank, Henry Oradiegwu, emphasised the significance of trade relations and partnership between Africa and China.
08/09/2023
The bank said that this is reflective of the challenging economic environment in South Africa, which ended up being more daunting than initially forecast.
08/08/2023
Justice Monica Mbaru had in a precedent-setting decision ruled that it amounted to unfair labour practice to keep employees on contract for more than three years.