11/26/2020
Instant EFT payments use a method called ‘screen scraping’, which makes it possible for third parties to access bank account data and automate actions on behalf of a consumer using that consumer’s online banking access credentials.
11/26/2020
KCB Group CEO and MD Joshua Oigara said the deal will support the bank’s business growth in the post COVID-19 macroeconomic recovery.
11/25/2020
South Africa’s top retail unit trust over the past year was the IP Global Momentum Equity Fund.
11/25/2020
Nigerian Minister for Finance, Budget and Planning, Zainab Ahmed on 21st May gave an indication of what is currently manifesting in her report to the National Economic Committee (NEC).
11/25/2020
The account also allows entrepreneurs to generate a VAT report to assist them in filing returns to the South African Revenue Service.
11/25/2020
Bank ratings are capped at the level of the sovereign, which means the likes of Standard Bank Group Ltd. and FirstRand Ltd. will see their ratings fall.
11/25/2020
This sought-after service is particularly in demand at month-end, during long weekends, school breaks and holiday periods.
11/24/2020
COVID-19 has challenged the normal operations for many SMEs in Kenya and across Africa
11/24/2020
Operating expenses expanded by 11 percent to N196.279 billion during the period under review, up from N176.941 billion filed in 2019.
11/24/2020
Others are Fidelity Bank at ₦9.1 billion, Union Bank ₦4.31 billion, Sterling Bank at ₦1.96 billion, Wema Bank at ₦1.15 billion and Unity Bank at ₦543 million.
11/24/2020
Bank ratings are capped at the level of the sovereign, which means the likes of Standard Bank Group Ltd. and FirstRand Ltd. will see their ratings fall.
11/24/2020
Another reason for the rollout of this new tool is the recent issues surrounding the interoperability of Masterpass, which has seen its agreements with local QR payment platforms falter.
11/23/2020
In spite of falling earnings occasioned largely by higher costs of covering potential loan defaults, banks sound capital and liquidity positions have barely been rattled.
11/23/2020
“It is also testament to the enduring loyalty of our customers, the hard work and dedication of our staff and the unwavering support we continue to enjoy from all our stakeholders in our drive to deliver best-in-class financial services and superior
11/23/2020
The bank has also introduced new products, including the click credit where the lender has been able to disburse credit facilities to over 50,000 customers since it was introduced in the first quarter of 2020.
11/20/2020
Its net loans and advances grew by six percent to Ksh284.2 billion ($2.84 billion) from Ksh268.9 billion ($2.68 billion) while investment in government securities increased by 50 percent to Ksh142.3 billion ($1.42 billion) from Ksh94.6 billion ($946 milli
11/19/2020
OIGARA: KCB has posted reasonable returns despite harsh times
This made credit quality deteriorate significantly across all segments and banks, which have traditionally been the providers of credit have been badly affected.
11/19/2020
The report also showed that non-interest income rose by 23 per cent from N27.1 billion to N33.4 billion, driven largely by increased trading income and asset revaluation gains.
11/19/2020
This is reflected by a surge in interest income and loan book during the nine months to September 30, 2020.
11/18/2020
Shedding light on emerging technologies, Victor Yaw Asante stated that the fourth industrial revolution technologies will drive higher levels of customer experience and productivity in the banking industry.