05/06/2021
The 20 percent excise tax was introduced in 2018, triggering an increase in the cost of bank services, including loans, transfers — both local and international — over-the-counter withdrawals as well as ATM transactions and account operating f
05/06/2021
Our long-standing partnership with QNB is a testament to our commitment of catering to discerning Qatari businesses and driving digital transformation in the country.”
05/06/2021
She noted that in the face of the lockdowns and disruptions caused by COVID-19, the bank pivoted to remote work for over 70 per cent of its employees at the height of the pandemic
05/06/2021
A statement titled ‘Grobank formally becomes Access Bank South Africa’ said the deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.
05/05/2021
Africa’s Best Banks adapted to help clients and communities.
05/05/2021
Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year.
05/05/2021
In a statement titled ‘Update on ongoing Guaranty Trust Bank Plc corporate reorganisation’ on Tuesday
05/04/2021
We want to play a role in making sure that you get there.
05/03/2021
Last year it sought shareholders’ nod to engage potential suitors seeking acquisition of a 100 percent stake in the bank.
05/03/2021
Access Bank recorded a profit after tax of N106 billion in 2020, up by 13 per cent from N94 billion in 2019
04/30/2021
Union Bank said its operating expenses fell by four per cent to N17.3bn from N18bn in Q1, 2020, an outcome of sustained cost optimisation efforts; while non-performing loans ratio was flat at four per cent.
04/30/2021
As a result of effective implementation of our cost reduction strategy, operating expenses remained flat, despite the inflationary environment and increased regulatory cost.
04/29/2021
The bank’s asset base scaled up from N2.3 trillion to N2.9 trillion.
04/28/2021
Profit after tax grew by 23 per cent from N24.694 billion to N30.494 billion.
04/28/2021
The bank has 4,271 agents as of mid-last week and 14 branches across major cities and towns.
04/27/2021
This is a reflection of the resilience of our franchise, our prudent approach to risk management and the efficacy of our digital first customer-centric business strategy.
04/27/2021
Its total assets stood at N1.18 trillion, which was a three per cent growth over the previous year, while shareholders’ funds grew by N14 billion (17%), largely attributable to internally generated profits.
04/26/2021
The lender’s first Black CEO resigned on Tuesday following a dispute with some subordinate directors over strategy, less than two months after his deputy Peter Matlare died from complications from Covid-19.
04/26/2021
It's part of our compliance with financial regulations in South Africa to match your ID or passport photo with your selfie.
04/23/2021
The bank would receive billions of shillings in State-funded bailouts only to continue to make loans to unreliable borrowers.