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Retail Banking

03/14/2022

Access Bank: Leveraging HoldCo Structure for Expansion, Value Creation

Previously, FBN Holdings, Stanbic IBTC Holdings and FCMB Group, were the three financial institutions operating holdco structures until last year when the central bank recently granted approval to Access Bank Plc, Guaranty Trust Bank and Sterling Bank and

03/11/2022

South Africa's Standard Bank reports 57% profit jump

The bank said its headline earnings per share - the main profit measure in South Africa - stood at 1,573 cents

03/11/2022

Nedbank Group profit up sharply after stronger economic growth boosts credit demand

The 2022 growth target also falls within a slowing and uncertain economic growth environment.

03/11/2022

BOI’s $1bn Syndicated Term Loan Facility Receives Accolades

We look forward to intensifying our efforts to catalyze sustainable economic growth for Nigeria and the continent at large

03/11/2022

South Africa's Standard Bank in talks to exit JV with China's ICBC

Standard Bank said ICBCS could not yet assess the impact on its 2022 results.

03/10/2022

Banks colluded to shut down Sekunjalo accounts, Competition Tribunal told

But responding banks reject this claim, saying Sekunjalo posed serious reputational and commercial risks.

03/10/2022

Banking fraud fears, poor network keep card payments low

The number of mobile money Lipa na Mpesa merchants in the meantime stood at 387,000 as at September 2021, data from Safaricom shows, having jumped from 122,000 in March 2013.

03/10/2022

Absa is Now Letting Android Users Turn Their Phones Into Card Machines

NFC allows customers to pay using their card, wearable or other contactless wallet option of choice.

03/09/2022

UBA: Growth in Interest Income Drives impressive Performance

UBA in the period under review also improved on its top-line performance by 7.8 per cent to N660.22billion in 2021 from N616.84billion reported in 2020.

03/08/2022

United Bank for Africa Plc reports profit of N119 billion in 2021

UBA’s profit performance is on the back of all margin growth as income from interest and fees and commission income are all appreciated year on year.

03/08/2022

East African apex banks optimistic of economic growth despite risks

The governors said in a joint statement issued in the Kenyan capital Nairobi that the regional economy has been on a recovery trajectory with an average growth of 4.2 percent posted in 2021

03/08/2022

Standard Bank Fleet Management Wins The Diamond Arrow Award At The Prestigious PMR.africa 2021 Awards

First overall in fleet cards category awarded for the 11th year to Standard Bank

03/07/2022

Capitec denies owing aggrieved client

Bank claims account overdrawn

03/04/2022

Wema Bank affirms commitment to SMEs growth

He spoke at the bank’s first-quarter SME webinar series themed ‘From Talent to Wealth: Building your Talent into a Successful Business.

03/03/2022

SA banks’ act of severing ties with clients slammed

hey qualify risk using a set of prearranged principles and questions.

03/03/2022

KCB Bank Network Now Accepts Verve Cards

This arrangement further highlights KCB Bank’s focus to provide innovative banking solutions across Uganda.

03/03/2022

FNB reveals strong growth in value-added services and digital platforms

FNB said it increased its customer numbers to a combined total of 10.69 million, comprising 8.82 million customers in South Africa and 1.87 million customers in the Rest of Africa.

03/01/2022

Zenith Bank’s gross earnings rises to N765.6bn

Profit before tax also grew by 10 percent from N255.9 billion to N280.4 billion in the year.

03/01/2022

Standard Chartered set to boost infrastructure for economic growth

Nigeria continues to be a key market for Africa Middle East, AME region.

03/01/2022

Standard Bank Welcomes “Business Friendly” Aspects Of 2022 Budget Speech

Standard Bank has assisted impacted small businesses with COVID-19 related support and funding. In the early stages of the pandemic, the bank’s focus was on helping businesses stay in business and meet their obligations.

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