04/06/2016
The proportion of non-performing loans to gross loans and advances shot above the industry’s peer benchmark of 5.0 per cent to 6.67 per cent in 2015 as against 5.03 per cent in 2014. Union Bank’s non-performing loans had risen by 53.2 per cent
04/06/2016
Trading update states profits from investment arm will not be as high as previous year as bank seeks permission to sell off African operations
04/06/2016
Gulf African Bank has posted a profit after tax of Sh729 million for the financial year ended December 31, 2015.
04/01/2016
The group’s non-interest income marginally decreased to $45,2 million from $45,8 million prior comparable period.
04/01/2016
The bank has declared a dividend of 16 kobo per share and fixed payment date for May 5, after the AGM.
03/31/2016
The central bank said on Tuesday it welcomed the board of National Bank's actions to strengthen the bank while ensuring its operations continued smoothly.
03/31/2016
Capitec Bank reported a surge in headline earnings by 25.78 percent to R3.2 billion on the back of its highest annual client growth experienced in its history in terms of active banking client numbers.
03/30/2016
The big four banks' retail footprint is down by 10% from the recent peak, with more cuts to come as they increasingly focus on electronic channels.
03/30/2016
SANLAM Life Insurance Tanzania registered a 22 per cent growth on gross written premium in 2015, its latest financial statement has shown.
03/30/2016
The bank declared a final dividend per share of 6.80 rand a share.
03/28/2016
Total bad loans rose to 7.3 billion dirhams from 6.9 billion dirham at the end of 2014, data from the bank showed.
03/28/2016
A remarkable performance during 2015 has led the bank to achieve outstanding results crossing for the first time the One Billion Net Profit after Income Tax.
03/22/2016
And within six weeks about six more came in with three leading banks involved.
03/21/2016
The bank’s net profit reached EGP 4.2bn in FY 2014/2015, compared to EGP 2.5bn in 2013/2014, with a 66.3% growth rate after paying EGP 3.616bn in taxes
03/18/2016
Investec, which also has operations in Australia, makes the bulk of its operating profit in South Africa, where the rand has dropped 19 percent against the pound
03/17/2016
While revenue growth was generally stunted in the year, operating costs grew and only exceptionally good management could still achieve any growth in profit in the year.
03/10/2016
The increase was due to structural changes in the company
03/07/2016
It posted an interest income of GH¢447.8 million in 2015 compared with GH¢393.2 million the previous year.
03/04/2016
The banking group is not perturbed by headwinds.
03/04/2016
The bank is among four Kenyan lenders with exposure in the southwest-neighbouring country that descended into intense civil unrest in December 2013