06/04/2014
Capitec former CEO excited by bank business after selling shares
Capitec, South Africa’s second-largest provider of unsecured loans, is setting aside more money for bad debt
Investment Banking
06/03/2014
Nigeria: Leadership Centre Honours FCMB Founder
The Centre for Values in Leadership has honoured the founder of the First City Monument Bank Group, Olasubomi Balogun for his contribution to the growth of the Nigerian financial services sector.
05/30/2014
BRICS close to launching bank, to start lending in 2016
Nations will likely fund the $100 bn development effort equally
05/30/2014
KPMG Rates Zenith As Nigeria’s Most Customer-Focused Bank
International management consulting firm, KPMG has rated Nigeria’s Zenith Bank Plc. as the “best customer-focused bank” in the country for the second year running.
05/29/2014
South Africa's Standard Bank says bad debts tick higher
Credit impairments have increased moderately due mainly to a tougher domestic environment
05/29/2014
Standard Bank: Bad debts tick higher
Standard Bank is due to hold its annual general meeting on Thursday
05/28/2014
Saxo Bank sees growth in Middle East and Africa - CEO
This region has great concentration of wealth and a stronger regulatory environment now
05/27/2014
Standard Bank Wins Big At Banker Magazine ‘Deals of The Year’ Awards
This, David said has placed the bank in a unique position to offer world class service to its customers
05/27/2014
Standard Bank supports Africa Day celebrations
Africa Day is celebrated annually across the Continent
05/26/2014
Umeme becomes hot investor item
Umeme Limited has shown that it is not just a banter company but rather an attractive investment
05/26/2014
AfDB extends $200m loan to Ecobank
The facility will support approximately $1,8 billion of trade transactions in Africa
05/26/2014
Standard Bank Wins Big At Banker Magazine ‘Deals of The Year’ Awards
Standard Bank Group, one of Africa’s largest banks, has won accolades from The Banker at the magazine’s annual Deals of the Year Awards 2014, with four notable deals across several regional categories.
05/22/2014
Barclays, ex-boss Diamond compete for Africa's banking promise
Gaborone and Lusaka are the unlikely settings for a battle between one of the world's most famous investment bankers and his former firm over the future of African banking.
05/22/2014
Royal Bank joins calls for BoG to review forex rules
Banks are also prohibited from granting a foreign currency-denominated loan
05/22/2014
Africa banking battle heats up
This was just five days after Barclays, the British bank where Diamond was chief executive before he was ousted in 2012
05/21/2014
African Bank’s Earnings Decline
An economic loss of 4 billion rand was reported in 2014
05/19/2014
African Development Bank steps up funding
The African Development Bank is stepping up plans to finance power and rail projects as China boosts lending on the continent by half.
05/16/2014
Russians take over Zimbabwean Bank
A Russian investment group Horizon Capital Consortium led by businessman Sergey Pokusaev has acquired a controlling stake in the diversified financial company.
05/16/2014
Bankers in SA fear political interference most
The banking industry appears to be hit harder than others by the prevalence and exposure to cyber crime and fraud
05/16/2014
Wells Fargo sets up in Aberdeen as part of expansion
Most are in Britain, where it has 721 employees, and its EMEA boss Jim Johnston said that will rise further