04/15/2021
Capitec chief executive Gerrie Fourie said after taking the SA Reserve Bank’s guidance last year the bank felt it was in a good position to resume dividend payment during the period.
04/14/2021
Bannalotlhe also assured clients safety of accounts, the stability of banking operations, and that customer service will remain top priorities.
04/13/2021
To date, the company’s platforms have served 18 commercial banks and over 450 microfinance banks, amassing a yearly transaction value and yearly loan disbursement of $2bn and $300mn respectively.
04/13/2021
According to him, the bank’s performance in the 2020 made it one of the best performing financial institutions in the land given the challenging operating environment.
04/12/2021
The bank also demonstrated resilience and stability, combining its organic growth with keen focus on its complementary strategy of value-based mergers and acquisitions.
04/09/2021
“This is why we decided to have an exclusive virtual event – that allows participants from all over the world to run the race wherever they are.
04/08/2021
“The Lagos state initiative to tackle waste through LAWMA is indeed an excellent initiative of the Governor of the state.”
04/08/2021
Sarb notes in a statement announcing its approval of the deal that the transaction is in the “best interest” of both Grobank and its existing depositors.
04/07/2021
Part of the provisions represent estimates of potential losses from defaults expected in the near future because of general economic weakness or problems specific to certain industries and customers.
04/07/2021
To this effort, UBA Ghana contributed 11% of the Group’s Operating Income and 12% of the Group’s profit before tax.
04/07/2021
He said funds that were transferred under TTAs that were not registered would attract sanctions when evidence of such transactions became available to the Central Bank.
04/07/2021
A review of the banks audited financial statements shows that top eight Kenyan banks by market share more than tripled their loan loss provisions to Ksh104.64 billion ($960 million) from Ksh28.68 billion ($263.11 million) in 2019.
04/05/2021
This transaction is the largest Nigerian oil and gas bond ever priced in international markets.
04/04/2021
The situation was further worsened by the outbreak of the COVID-19 pandemic
04/01/2021
Loan loss provisions surged by more than 2.5 times to Sh1.62 billion from Sh734 million in 2019.
03/31/2021
With social media networks becoming the centre of everyday life for almost 25 million Nigerians, SocialPay will ensure that these digital natives can make quick purchases and receive payments from social stores.
03/31/2021
Family Bank Group has posted Kshs. 1.16 billion in 2020 full year net profit, representing a 22.44% increase year on year, mainly driven by interest income.
03/31/2021
Apple Pay has joined Samsung’s digital wallet offering, Samsung Pay, which was launched in South Africa in 2018.
03/31/2021
This announcement follows on from the digital bank securing R1.6-billion from a number of undisclosed global investors
03/31/2021
Our partnership with Ecobank has delivered an outstanding result in a short window time