01/26/2023
The product, called SC Shilingi Fund, was launched mid-February last year and has attracted over 10,000 customers who enrol with at least Sh500 and opt for daily, weekly, monthly or one-off contributions.
01/24/2023
Monetary Policy Rate stood at 16.5 per cent in the period under review.
01/23/2023
These developments, which all come with challenges, require financial institutions to be positioned to always meet the needs of their customers.
01/18/2023
The institute says that its certification program has certified over 2,000 organisations in 121 countries/regions.
01/18/2023
The completion of the proposed transaction was subject to fulfilment or waiver of certain conditions before the Long Stop date as defined in the transaction agreement.
01/18/2023
In a similar approach to TymeBank in South Africa, GoTyme Bank in the Philippines offers next-level digital banking services via kiosks set up in retail outlets belonging to Robinsons Retail Holdings Inc under the Gokongwei Group.
01/17/2023
Safaricom is also still charging for transfers from M-Pesa to banks.
01/16/2023
The rise has come on the back of CBK increasing the benchmark lending rates thrice last year to 8.75 percent on November 23, being the highest since September 2019 when the rate was at nine percent.
01/12/2023
Many lenders are falling behind the technology curve and not fully ready for the transformation
01/11/2023
First National Bank Ghana is part of the FirstRand group, which is the largest listed financial services group in Africa by market capitalization.
01/10/2023
The department is currently waiting for the necessary legislation to make its way through the National Assembly to give the Postbank the necessary basis to take on the role of a state bank.
01/09/2023
Areas of concerns, according to them, include investment attractiveness, foreign exchange inflows, financial sector robustness and general economic wellbeing of the citizens.
01/06/2023
The latest recognition as the leading financial services brand also reinforces FNB’s ongoing efforts to build a strong, trustworthy, and highly regarded brand.
01/05/2023
The public debt had surged by Sh879.7 billion in the year to September 2021 and by Sh1.16 trillion in a corresponding period a year earlier.
01/04/2023
To boost support for development and climate finance, the bank will consider new financing tools such as private sector loan guarantees
01/03/2023
CBN in its economic report for January 2022 said, “Total SLF contracted considerably by 52.4 per cent to N338.40 billion from N711.54 billion in December 2021, a fallout of the improved banking system liquidity in the period.”
12/30/2022
In December 2021, Ecobank Togo signed a partnership with five major insurers to provide SMEs, in Togo and 26 other countries covered by the lender, with bancassurance products.
12/28/2022
Our commitment as a bank is to do more in this space and we welcome collaboration from the NACC members in extending Nigeria’s export footprints.
12/27/2022
The SMEEIS is a voluntary initiative of the Bankers’ Committee which was in response to the Federal Government’s concerns and policy measures for the promotion of SMEs as vehicles for rapid industrialisation, sustainable economic development,
12/27/2022
This comes amid the South African payment industry expecting steady but cautious growth over 2023