Managers of Wealth Africa

Polaris Bank highlights uniqueness, benefits of VULTe to customers

Adeyinka said: “VULTe is built as a platform where value providers and value consumers align with payment as a fundamental medium of exchange.”

SGR brokered by StanChart, Nedbank, TDB shortlisted for Africa Banker

The Eastern and Southern African Trade and Development Bank (TDB) also featured high with five nominations, including a nomination of its President and CEO, Admassu Tadesse for African Banker of the Year.

FirstBank is Africa’s ‘Second Most Admired Financial Brand’

“We are grateful to Brand Africa for the back-to-back recognition as the ‘Second Most Admired Financial Services Brand in Africa’.

Shortlist Of Nominees Announced - 2021 Edition Of The African Banker Awards

The Standard Bank group leads in the number of nominations with 8 entries in 7 categories

The international banker 2021 Middle East Africa awards winners

In compliance with new banking laws, Egyptian lenders have now started to increase their capital levels.

First Bank recognised as most admired financial firm

The awarder, Barand Africa, an intergenerational movement was established to inspire a great Africa through promoting a positive image of Africa, celebrating its diversity and driving its competitiveness.

Speaking the SME language: Absa attracts more enterprises with revamped products

We have seen good gains on how we have repositioned, and our staff across our branch network are now speaking the SMEs language,” Mrs Situma says.

Equity Group emerges resilient amid multiple crises

Interest income grew by 32 percent while non-funded income grew by 30 percent to contribute 42 percent of total income.

GCB Bank records profit before tax

The Board Chairman said the net trading income grew by 17.6 per cent to GH¢166.63 million from GH¢141.75 million whilst net fees and commission income also increased by 15.1 percent to GH¢277.98 million from GH¢241.51 million.

African Bank reports steady return to profitability

Net customer advances balances: R16 698 million (H1 2020: R18 995 million)

Ecobank Partners LSETF to Support Lagos MSMEs

Under the arrangement, Ecobank is expected to make available its various platforms and solutions to LSETF for prequalified MSMEs in Lagos to drive attainment of the objectives as set out by LSETF and Ecobank Nigeria.

Standard Chartered Bank registers Ksh. 2.4 billion net profit in Q1 FY2021

Total non-interest funded income grew to Ksh. 2.5 billion from Ksh. 2.2 billion, compensating an 8.2% drop in total interest income to Ksh. 5.6 billion.

FirstBank Wins Global Banking Awards

The awards were created to recognise companies of all sizes which are prominent areas of expertise and excellence within the financial world.

Kuda Bank Surpasses One Million Customer Base

Kuda is set on reaching all Africans on the planet, the core target of its mission to make banking services affordable, accessible and rewarding.

NCBA profit rises 74pc on high interest income

Interest income from loans and investment in government debt securities rose 8.1 percent to Sh11 billion as the lender increased its purchase of the risk-free assets.

South Africa’s most valuable bank brands

Factors that are considered include marketing investment, stakeholder equity, and the impact of those on business performance.

AfreximBank closes historic US$1,3bn bond

The closing of the transaction is evidence of the bank’s growing capability to harness competitively priced long dated resources into Africa

Absa in 'sell-off talks'

A combination of the Absa business with the Sanlam-owned equivalent would become one of SA's largest money managers

I&M Bank Kenya takes Sh5.4bn IFC loan to boost lending

The subsidiary of Nairobi Securities Exchange-listed I&M Holdings is the latest among local banks to raise billions of shillings from international financiers to fund their expansion and ride out the increased economic risks brought by the Covid-19 pa

Mayfair CIB Bank books its first net profit since 2017

Its interest income increased to Sh277.2 billion from Sh193.3 billion on increased lending in a period when most banks have gone slow on issuing loans. Increased lending saw it fees and commissions from loans more than double to Sh15.2 million.

Retail Banking