06/17/2016
Combined debt trading revenue fell 29 percent in the quarter at nine of the largest firms, part of a multi-year decline as the business faces headwinds from skittish investors and new rules.
06/17/2016
The transaction and consequent changes are expected to be completed by September this year.
06/16/2016
FBN Capital, the investment banking and asset management subsidiary of FBN Holdings Plc, was recognised for consistent and outstanding performance by three financial awards institutions.
06/16/2016
In 2008, Rujigiro purchased 8.8 million shares in Safaricom through Dyer & Blair for Ksh 61.4 million, which at the time was equivalent to $1 million.
06/13/2016
The TIB Group is comprised of – TIB Development Bank, TIB Corporate Finance, and TIB Rasilimali.
06/08/2016
We pledge to serve with discipline and enthusiasm”, the bank stated.
06/07/2016
The bank succeeded in improving its gross earnings against the tide of very harsh operating environment as driven by increased interest income on loans to customers
06/05/2016
The National Investment Bank’s profit after tax for the year 2015 grew from GH₵ 79.39 million in 2014 to GH₵120.11 million
06/03/2016
Standard Bank Chief Executive Phil Mnisi said the product covered family members, spouses and other dependants.
05/30/2016
Dr Adesina said that over US$50 billion was being siphoned out of Africa through tax avoidance and evasion.
05/23/2016
Barclays Africa is one of the big four banks that dominate South Africa’s financial sector.
05/18/2016
Barclays Africa has also informed its parent that it would like to include a sale of shares to black investors as part of the exit plan, Lucas-Bull said.
05/18/2016
Dominio Capital is a finance, business and investment company focused on Portuguese-speaking countries.
05/17/2016
Business Day said that the meeting took place two weeks ago and involved explanation from the bank on the regulatory requirements to report suspicious transactions.
05/16/2016
Buyout firm Abraaj Group is leading a group of investors planning to bid for a minority stake in Barclays’s African unit
05/16/2016
The restoration of these services, with the support of receiver manager Kenya Commercial Bank appointed by Kenya Deposit Insurance Corporation, marks yet another milestone for Chase Bank as it embarks on a phased implementation plan to normalise its opera
05/13/2016
Submitted to the registrar of banks, René van Wyk in February 2015, Myburgh’s report was made public on Thursday at market close.
05/11/2016
Instead of creating jobs, raking in hard currency and providing a cheap source of protein in this low-wage country, they represent billions in loans to be repaid no matter the social costs.
05/09/2016
The target is in one of seven African countries where Atlas Mara already owns a lender, Diamond said at the London Business School’s Africa Business Summit on Saturday.
05/09/2016
The amount paid to the directors represents 1.58 percent of the profit before tax of the ten banks, which stood at N480 billion in 2015.