10/29/2020
Zimbabwe: Stanbic Wins Prestigious Banking Award
"Our customers believe in us and we are honoured to be their financial partner of choice, they are the reason why we keep getting such recognition across the continent"
Retail Banking
10/29/2020
UBA Cameroon partners with Campost to facilitate withdrawals for its clients
The aim of the switch (managed by Campost) is to facilitate the interoperability of the various services provided by operators using the national electronic communication network. Through the national payment switch, Cameroon plans to increase its financi
10/29/2020
Investors remain wary on Nigeria’s banks
Some are concerned that strong results mask the true state of finances in spite of oil hedges
10/29/2020
Sterling Bank launches ‘Switch’ free money transfer service for Nigerians in diaspora
“Switch provides customers with the added value of asset financing, investment and insurance opportunities at better rates,” he said.
10/29/2020
Access Bank takes strategic steps towards becoming Africa’s gateway to the world
Shareholders will benefit from the economies of scale of a larger banking network
10/29/2020
Digitisation, COVID-19 prompt jobs bloodbath at African Bank
It points out that the bank has furthermore been gradually automating processes across its operations and has implemented the omni-channel digital platform to reduce duplication and increase efficiency.
10/28/2020
Access Bank expands to Mozambique, South Africa
The bank is set to commence operations in Mozambique as Access Bank Mozambique, S.A (“Access Bank Mozambique”).
10/28/2020
African payments for African development (By Murray Gardiner)
African payment solutions are critical to minimising fraud while improving the free flow of funds to boost business and economic activity
10/28/2020
How Bank Zero’s prices stack up against Discovery Bank and TymeBank
TymeBank is the most similar to Bank Zero – focusing on low monthly fees and cashless functionality – while Discovery Bank’s products are aimed at higher-end customers and include rewards programmes and Discovery Vitality integration.
10/28/2020
Biggest Nigerian Bank Starts First Fund for Protest-Hit Firms
About half of the country’s 36 states imposed a curfew last week to halt further looting, arson and destruction to private and public property, which claimed dozens of lives.
10/27/2020
Stanbic IBTC Records N183bn Earnings, N66bn Profit in Nine Months
Net impairment charges jumped to N6.998 billion as against a write back of N90 million in the corresponding period 2019.
10/26/2020
Top Ten Best Banks in Kenya
Its latest feature is the KCB Mpesa which enables you to get a loan if you are a registered Safaricom user.
10/26/2020
Banks in H1 2020: Deconstructing Banks' H1 2020 Individual Performances - Access Bank
Access bank had an upward trend in its gross earnings, H1 2019 shows a significant growth in gross earnings after the merger with Diamond bank.
10/23/2020
Standard Bank, Mastercard, Google to help SMEs open their digital doors in South Africa
Taking skill levels and resource constraints into account, the platform has been designed in such a way that users can set it up and start accepting payments in a matter of minutes.
10/23/2020
Nedbank on South Africa’s actual job losses – and how long it will take to recover
“Our employment model is largely based on our view of GDP growth – and because GDP declined significantly (-51% q-o-q) in the second quarter, this exaggerated the extent of job losses in our model.
10/22/2020
DIB Bank Kenya Awarded Best Islamic Bank in Kenya
DIB Bank Kenya’s parent company Dubai Islamic Bank also walked away with five awards including the coveted title of the Best Overall Islamic Bank globally.
10/22/2020
Standard Bank: Customers coming off the ‘support’Economy showing signs of recovery.
It also said there were some signs of an economic recovery.
10/21/2020
Kenyan banks in big trouble over locust, Covid-19 shocks
Debt relief measures granted to distressed borrowers to mitigate the effects of the Covid-19 pandemic and the subdued loan growth are also expected to dampen profitability.
10/21/2020
Egypt Looks South
While the global economy slows, Egyptian banks aim to expand their foothold in Africa and boost intraregional trade.
10/21/2020
TymeBank, UAE-based payments firm team up to target SMEs
Its partnership with SpaceX will provide satellite-powered Internet connectivity on Azure.