Managers of Wealth Africa

Union Bank grosses N118.8b in Q3

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.

Co-op Bank Q3 net profit declines by 10 percent

This is reflected by a surge in interest income and loan book during the nine months to September 30, 2020.

Banks urged to adapt to shifting customer expectations post Covid-19 pandemic

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.

Turnaround For Sidian Bank As It Records Profits In Q3 of 2020

The balance sheet grew by 38 percent to Ksh33.6 billion from Ksh24.2 billion in the prior period.

Nedbank credit card users hit by “sneaky charges”

Knowler said there is a legal question mark around some of these fees.

Ecobank Wins Awards

According to the organisers, the “Digital Jurist” is an assessment tool created by digital experts at Phillips Consulting to evaluate the effectiveness and performance of digital platforms.

SA forecast to lose 1.5 million jobs

With 6.5 million jobs shed in nine months of 2020 – peaking during the hard lockdown – some sectors were expected to bounce back faster than others.

Moody’s Investor Service affirms African Development Bank’s AAA credit rating

The ‘AAA’ rating from Moody’s follows earlier affirmations of the ‘AAA’ rating of the Bank, with stable outlook, by the other leading rating agencies

Credit Bank named best SME, mobile banking lender in Kenya

This was at the global International Business Magazine Awards 2020

UBA Unveils Digital Products to Drive Retail Banking

Altraide added that already, over 50,000 people have benefited from the facility, noting that customers can access up to US$1,000 to 5,000 in a matter of seconds.

Zambia on the brink of defaulting on foreign debt

If Zambia does default it would become Africa’s first country to default on sovereign debt since the coronavirus pandemic.

African Digital Banks Make Money Moves Despite Challenge Before Challengers

Beyond that, the bank also assists its customers in making better financial decisions through proper financial planning, like budgeting.

‘Technology, Innovation Will Drive Nigeria’s Banking Sector Post-COVID’

Bajomo appreciated the outgoing president, Dr Segun Aina and the governing committee of the association “for the remarkable accomplishments during the last two years.

Firstbank's Wins Global Finance 2020 Best Mobile Bank App

Only recently, Global Business Outlook awarded FirstMobile with the 2019 Best Mobile Banking App.

Banks get risk-shy, engage agents

Similar to the days marketers were given bogus targets, the agents are now handed targets with mouth-watering bonuses attached.

Nedbank committed to rebuilding Namibia’s economy

Hansen noted that value addition of hotels and restaurants shrunk by almost two-thirds (64.2%) in the second quarter, while transport services dropped by 30.4%.

Ecobank Group shows its commitment towards Better Health

Ecobank has partnered with the NCD Alliance (NCDAlliance.org), a Geneva-based global civil network dedicated to preventing NCDs all around the world.

The banks South African consumers will most likely choose after a bad experience

The net index score is determined by subtracting negative sentiment from positive sentiment.

Following lengthy acquisition process, South Africa’s Mercantile Bank now a division of Capitec

Mercantile Bank, where many FX brokers in South Africa hold their business accounts, has completed its acquisition by Capitec

Ecobank named “Best Retail Bank in Nigeria 2020” – Asian Banker Awards

Asian Banker has announced Ecobank Nigeria as the Best Retail Bank in Nigeria.