12/04/2020
The 2020 edition of the awards ceremony was held virtually yesterday, and the exceptional win makes it the second time ever in the history of the banker awards, that any banking group will be clinching as many as six wins in the same year.
12/03/2020
The award of ‘Outstanding Crisis Leadership – Finance & Business’ was awarded to Ecobank by Global Finance
12/03/2020
Syndicated loans are provided by a group of lenders, rather than a single financial institution, to spread the risk of default.
12/03/2020
Digital lending apps by local commercial banks, including products such as Fuliza, Mshwari and KCB M-Pesa, account for a substantial chunk of mobile loans.
12/03/2020
We are now positioning our payments business as an enabler of trade and payments across Africa.
12/02/2020
This means that its customers can use any ATM near to them and only pay the standard ATM banking fee, which has been reduced to R10 per R1,000.”
12/02/2020
SMEs in urban centres are under pressure, while those in the township and rural centres are faring better in comparison.
12/02/2020
They must have high level of confidence in such a bank and United Bank of Africa Plc has become one of the preferred institutions by depositors.
12/01/2020
As Okonkwo, LAPO founder bag CEO of the Decade Award
12/01/2020
UBA won the ‘Bank of the Year’ in recognition of UBA’s consistent effort in outperforming its peers using a composite of financial metrics, strategic foresight, execution discipline, world-class governance and global vision.
12/01/2020
The yield on Nigeria’s government bond due 2026 fell to 6.7 percent, compared with more than 14 percent a year ago.
12/01/2020
Bank One launched the first cashback credit cards in Mauritius back in 2019
12/01/2020
By using one’s phone, the transaction is carried out – in advance – through the Bank’s USSD or mobile banking option.
11/30/2020
Standard Bank Nine-Month EPS Falls 39%
Standard Bank said it still hasn't made a decision on whether to pay a final dividend this year.
11/30/2020
Banks’ Profits Rise to N677bn Despite COVID-19 Harsh Conditions
The results were compiled by THISDAY from their respective nine-month reports for the period, which the banks presented to the Nigerian Stock Exchange (NSE).
11/30/2020
The winners were selected from 122 countries and districts globally using criteria which included transaction volumes, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.
11/30/2020
Across most of the countries in which the group operates in sub-Saharan Africa, infection rates and lockdowns have moderated, and economic activity has recovered.
11/30/2020
Last year, KCB Group acquired the struggling state-owned National Bank of Kenya (NBK) and took over the good assets of Imperial Bank which was put under receivership by the Central Bank of Kenya on October 13, 2015.
11/27/2020
Women account for 30pc of Stanbic first-time mortgages
The CBK data shows that mortgages recorded the highest growth in non-performing loans last year from Sh27.2 billion in 2017, reflecting the struggle by investors to find buyers for their houses amid dwindling returns.
11/27/2020
NCBA posts Sh2.5bn nine months net profit
NCBA net interest income during the review period was at Sh16.96 billion as net loans and advances to customers closed at Sh249.69 billion.