10/06/2020
Going forward, favourable economic prospects in the near term and the gradual phase in of Basel II/III are expected to firm up gains achieved through the banking sector reforms, the report added.
10/05/2020
The business will operate as Africa Re Underwriting Agency Limited (Africa Re) and the DIFC presence is their first office outside Africa.
10/02/2020
The International Monetary Fund forecasts that the country’s economy will continue to grow (albeit at a much slower rate) in 2020, making it the only one of the continent’s top five economies not to slip into recession as a result of the Covid
10/02/2020
“This shows true Pan-Africanism and strength as a global institution towards the improvement, investment for the development of Africa by Africans,”
10/02/2020
This follows the recent transaction with Cavmont Bank in Zambia and further embeds the bank's presence in the SADC region, one of Africa's most important trading blocs.
10/02/2020
Insurtech start-up companies in SA have also been unveiling several digital insurance products that are disrupting the market.
10/01/2020
It said the loan disbursement was carried out through FirstAdvance, its digital lending solution.
10/01/2020
The High Court said transmitting information to the CRB from a system without verification is not only in breach of statutory duty but also the duty of care owed to customers.
10/01/2020
Access Bank also announced definitive agreements to bolster its market position in Mozambique and enter the South African market.
09/30/2020
Although it started trading on the Nigerian Stock Exchange in 1992, it became fully privatised in 2000 after the government sold its stake.
09/30/2020
Access Bank has received approval from the CBN to restructure into a Holding Company.
09/29/2020
The API launch which was held virtually at a webinar allows other financial technology services and payment processors to run the G-Money service on their individual service platforms.
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.