08/14/2015
It is news of direct access to relatively priced South African loans that may excite hundreds of MBCA Bank's struggling industrial customers currently enduring high interest rates in Zimbabwe of up to 30 percent.
08/07/2015
The insurer increased the interim dividend 9 percent to 2.54 rand per share.
08/06/2015
Net profit for the six months ended June 30 rose to 260 million pounds ($405.5 million) from GBP213 million the previous year, funds under management climbed 7% to GBP335.7 billion and the interim dividend rose 8% to 2.65 pence.
08/06/2015
Across the group it's been a very good first half
08/05/2015
Equity Bank’s earnings fell short of rivals Kenya Commercial Bank Group that last week reported a 13 per cent pre-tax profit to Sh13.2 billion.
08/04/2015
Earnings per share excluding one-time items rose 14 percent to 11.01 rand, beating the 10.97 rand median estimate of four analysts surveyed by Bloomberg.
07/31/2015
The diversification of FCMB across commercial banking, investment banking and wealth management, provided some cushion as earnings from non-banking activities proved more resilient.
07/31/2015
The management of national airline Kenya Airways was yesterday at pains to assure investors of a turnaround in the carrier’s fortunes after announcing the biggest loss by a local firm listed in the stock market.
07/31/2015
Skye Bank's first-half pretax profit rose 47.4 percent to 10.71 billion naira, the Nigerian mid-tier lender said on Thursday.
07/31/2015
The bank reported pretax profit of 11.67 billion shillings in the first half last year.
07/30/2015
Analysts attribute the decline in profit to the stringent cash reserve requirements imposed by the Abuja based Central Bank.
07/30/2015
KCB Group’s profit before tax grew 13 per cent in the first half ending June 2015
07/30/2015
The group’s local bank, Absa, has been bleeding customers over the past three to five years, losing in the region of a million clients annually.
07/30/2015
Ecobank Transnational Inc.’s first-half profit climbed 26 percent as Africa’s most geographically diverse lender maintained its efforts to curb expenses.
07/30/2015
At the end of 2013, the bank announced it would expand a branch and relocate another in the Lynchburg area
07/29/2015
Diamond Bank’s couldn’t tame growth in operating expenses as cost to income ratio increased to 78.30 percent in 2015 from 75.05 percent the previous year.
07/28/2015
Fitch also warned that the close correlation of financial institutions posed the risk of a domino effect should the sovereign rating be downgraded by one notch.
07/27/2015
Commenting on the development, an economist and financial analyst, Dr. Abiodun Adedipe told THISDAY that the provisioning is in line with state of the Nigerian economy.
07/27/2015
This is as reported in the bank’s unaudited half year results released to the Nigerian Stock Exchange in Lagos.
07/22/2015
Bank M Tanzania has registered an increase of more than 25 per cent in profit before tax in the first half of the current year compared to the similar period last year.