10/27/2022
Parallex Bank wins Excellence in Agency Banking Award
The bank won the award for its outstanding service in reaching the unbanked and making banking accessible to all.
Retail Banking
10/25/2022
UBA’s Q3 gross earnings hit N608bn
UBA’s financial report filed with the Nigerian Stock Exchange showed it recorded 12.3 per cent rise in profit
10/25/2022
GT Bank, Stanchart most profitable banks in Ghana – PwC Ghana Banking Survey Report
Zenith lost its place amongst the top 3 and was replaced by ABSA as the third bank with profit before tax margin of 65 per cent.
10/24/2022
Lagos State Partners Hacey, Access Bank, to Launch Demographic Dividend Roadmap
The demographic dividend estimation profile is intended to identify the logical potential that can be harnessed by countries during a period of demographic transition.
10/24/2022
Polaris retains Ahmad to chair new board
Polaris had operated as a bridge bank since 2018 when the apex bank revoked the licence of the defunct Skye Bank Plc and set up Polaris to take over its assets and liabilities.
10/24/2022
Boundaries: Mixing money and family
Financial conversations are not always easy, but they are the most important ones you must have.
10/21/2022
KCB digital pay deal allows easy diaspora remittances
The partnership with Mobex- an affiliate company of TerraPay Group- will see KCB strengthen its position in the global payments ecosystem.
10/21/2022
Standard Chartered Bank's exit from retail business and the future
Right now, close to about 95 percent to 96 percent of our transactions are actually done digitally.
10/20/2022
GT Bank, Stanchart most profitable banks in Ghana – 2022 PwC Ghana Banking Survey Report
The average interest rate on investment securities increased from 14% in 2020 to 15.5% in 2021.
10/20/2022
BNP Paribas puts its South African subsidiary up for sale
Its sale is the continuation of BNP Paribas' plan to withdraw from Africa and refocus on European and Asian markets.
10/18/2022
Musalia Mudavadi reveals Absa, First Assurance stake in Sh4bn wealth
Kenya’s business magnates, politicians and new millionaires have in recent years taken to flying as the preferred mode of transport – expanding the market for leasing and private ownership of planes.
10/13/2022
Standard Bank earns 13 accolades at Global Finance Awards 2022
As part of its entry rationale into this year’s Global Finance Awards, Standard Bank focused on the evolution of its service offerings.
10/12/2022
Standard Bank Earns 13 Accolades At Global Finance Awards 2022
Standard Bank’s diverse team and skillsets have been recognised at the Global Finance Awards 2022 after taking home wins in more than a dozen categories.
10/11/2022
Shareholders approve private placement of unissued Fidelity Bank shares
Fidelity Bank is growing in leaps and bounds and we need to expand our capital base to take advantage of emerging opportunities.
10/07/2022
Open banking could be what Africa needs to deepen financial inclusion
Open banking is considered a nascent idea in Africa but 11 countries are already tapping on its potential to deepen financial inclusion in rural areas.
10/07/2022
Wema Bank Emerges Best Performing Bank in H1 2022
Wema Bank came first in the category of Leading banks’ by customer deposits growth.
10/07/2022
Akin Gump Advises Fidelity Bank on First International Acquisition
Fidelity Bank is one of Nigeria’s largest and fastest-growing banks and serves over 6.5 million customers across 250 offices.
10/07/2022
African Development Bank president Akinwumi Adesina awarded Man of the Year (Africa) in 2022 by Exclusive Men of the Year Awards
The EMY awards are organized by the EMY Africa Magazine(link is external), “a premier men’s magazine that addresses the people, places, ideas and issues that shape men’s personal expressions, development and experiences.
10/06/2022
World Bank downgrades Kenya's growth to 5 percent
The bank said noted the slowdown in economic activity reflects weak private consumption associated with a contractionary monetary policy on the back of high inflation.
10/06/2022
Stanbic, dfcu appears among the top 20 banks in East Africa
The annual survey ranks Africa’s banks according to their Tier 1 capital.