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.
09/24/2020
Banking in my mind gives one a window to the economy and also affords the opportunity to actively participate and make a difference to the broader society.
09/23/2020
A statement from Jaiz Bank stated that the GIFA methodology – on which the awards are based and winners selected – is the most detailed approach to screen only the best of the best in their respective award categories.
09/21/2020
Despite the harsh effects of the coronavirus (COVID-19) pandemic that trimmed physical banking activities for over three months, some banks quoted on the Nigerian Stock Exchange (NSE) earned a total of N1.6 trillion in the first half of 2020 financial yea
09/18/2020
He has served in several roles in Standard Chartered Bank, United Bank for Africa (UBA) and First Atlantic Bank Limited.
09/18/2020
Forbes had stated: "Adesola Adeduntan believes strongly in the importance of doing well by doing good. In March 2020 he spoke at the Edinburgh School of Business about financial institutions' role as drivers of financial inclusion.
09/18/2020
A report by PwC, covering results at Standard Bank Group Ltd., FirstRand Ltd., Absa Group Ltd. and Nedbank Group Ltd., estimates their charges soared by a combined 130% in the first half of 2020 from a year earlier, while profits before provisions grew 4.
09/18/2020
Nigeria’s first non-interest bank has moved from being a regional bank to a national bank.
09/18/2020
At present six banks in Ghana have initiated services to allow the public pay for goods and services through the Universal GH QR code.
09/18/2020
The bank encourages a cashless system as Covid-19 remains a global problem
09/18/2020
Against the difficult operating environment, the challenge for Nigerian banks today is how to deliver sustainable earnings growth.
09/18/2020
Nigeria’s biggest lender by market value said last week it will transition to a holding company next year to allow d
09/17/2020
This will further dent the banking sector profitability that has already been hit by higher provisioning for bad loans.
09/17/2020
It’s partnering with Leadway Assurance Co. Ltd. to boost sales of insurance products.