Managers of Wealth Africa

Investec Bank secures US$600mn sustainability-linked term loan

This year’s facility was significantly oversubscribed, having been launched at US$300mn.

National Bank exits Nairobi bourse this week

KCB allocated a total of 147.3 million shares to the former NBK investors between October 2019 and December 2019.

Co-Op Bank Q3 Net Profits Jumps 18.9 Pc

The bank has revised its loans provisions upwards (50 percent) to Sh 6 million in order to aid businesses and households which are reeling from the effects of the COVID-19 pandemic.

Bank Zero vs TymeBank vs African Bank – fees compared

Competition heats up in this segment, with one bank hamstrung in a specific area

Fidelity grows profit by 31.4%

Fidelity Bank recently completed a highly successful Eurobond offering, raising US$400 million from the international capital markets

KCB to rebrand acquired Rwandan bank by January

The Kenyan lender acquired Banque Populaire du Rwanda Plc in August

FDH Bank ready to break even on African trade and global banking market

As one of the partners of the fair, FDH Bank plc has so far expressed optimism about trade and investment opportunities at the fair.

Access Bank to Unveil More Centers to Enhance Self-service Banking

He noted that the centres are the banks attempt to show customers related to digital channels and a place to demonstrate the best of its innovative solutions through self-service banking as well as meeting the needs of its existing and potential customers

Access Bank backs African artists through Art X Prize

This was done in collaboration with fast-rising contemporary artist Yusuf Aina.

Ecobank Carts Away Two Key Awards at 2021 BAFI Awards

The strong demand for our bond shows the international appetite for the Ecobank franchise in Nigeria

Zenith Bank: Surmounting Headwinds

Confidence Rebounds in SA as Consumers Embrace eCommerce & Contactless Payments

The findings highlight significant changes in attitudes to eCommerce following the impact of COVID-19

UBA’s $300 Million Eurobond Oversubscribed

The lender in a statement yesterday revealed that the targeted $300million Eurobond attracted an order book of $520 million, representing 1.7 times oversubscription.

Six Banks Generates N64.27bn Maintaining Customers Current Account

The apex bank explained that CAMF is not applicable to savings accounts, stressing that a negotiable subject to a maximum of N1 per mille.

Bank of Kigali profit up 33% on income rise

Net interest income grew by 20.52 percent to Rwf99.56 billion ($96.67 million) from Rwf82.61 billion ($80.21 million) in the period while non-funded income increased by 41.73 percent to Rwf31.59 billion ($30.67 million) from Rwf22.28 billion ($21.63 milli

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