10/07/2020
In June the South African Banking Risk Information Centre (Sabric), on behalf of the banking industry, released its annual crime statistics for 2019, which showed that credit and debit card fraud had increased by 20.5 percent due to online transactions be
10/06/2020
Going forward, favourable economic prospects in the near term and the gradual phase in of Basel II/III are expected to firm up gains achieved through the banking sector reforms, the report added.
10/05/2020
The business will operate as Africa Re Underwriting Agency Limited (Africa Re) and the DIFC presence is their first office outside Africa.
10/02/2020
The International Monetary Fund forecasts that the country’s economy will continue to grow (albeit at a much slower rate) in 2020, making it the only one of the continent’s top five economies not to slip into recession as a result of the Covid
10/02/2020
“This shows true Pan-Africanism and strength as a global institution towards the improvement, investment for the development of Africa by Africans,”
10/02/2020
This follows the recent transaction with Cavmont Bank in Zambia and further embeds the bank's presence in the SADC region, one of Africa's most important trading blocs.
10/02/2020
Insurtech start-up companies in SA have also been unveiling several digital insurance products that are disrupting the market.
10/01/2020
It said the loan disbursement was carried out through FirstAdvance, its digital lending solution.
10/01/2020
The High Court said transmitting information to the CRB from a system without verification is not only in breach of statutory duty but also the duty of care owed to customers.
10/01/2020
Access Bank also announced definitive agreements to bolster its market position in Mozambique and enter the South African market.
09/30/2020
Although it started trading on the Nigerian Stock Exchange in 1992, it became fully privatised in 2000 after the government sold its stake.
09/30/2020
Access Bank has received approval from the CBN to restructure into a Holding Company.
09/29/2020
The API launch which was held virtually at a webinar allows other financial technology services and payment processors to run the G-Money service on their individual service platforms.
09/28/2020
Genghis Capital analyst Gerald Muriuki said this continued investment in government securities is a strategic move by lenders to cushion their bottom lines, especially from the impact of coronavirus.
09/28/2020
The bank is expanding its resource mobilization activities to meet the growing financing needs of SMEs
09/25/2020
The scheme is a partnership between the treasury, the central bank and commercial lenders to support businesses with loans until conditions improve.
09/25/2020
According to him, "while intra Africa trade provides opportunity for the growth of our economy in Africa, Ecobank is 'the go to bank' for Africa regional trade".
09/25/2020
The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity
09/24/2020
Odusote noted that Hackathon was not just a one-time project as the government would take it further to ensure that all the solutions developed by the participants were put to use.
09/24/2020
UBA is reputed to be the only African bank with a commercial deposit taking licence in the United States.