06/26/2015
The lending unit of African Bank Investments Ltd., which failed in August, said losses for the six months ended March narrowed from a year earlier as efforts to re-establish a viable company continue.
06/26/2015
National Bank of Kenya said on Thursday its assets are growing at a rate of 33 per cent, and profits at 45 per cent- which is faster than the target set by the strategy responsible for its ongoing transformation to get the bank into the Tier1 bank club by
06/23/2015
FirstRand Ltd. stock has more than tripled in five years, outpacing competitors among South Africa’s largest banks
06/23/2015
Ecobank shareholders have hailed the bank’s performance for the year ended 31 December 2014, which saw rake in of USD24.2bn in total assets and USD2.7bn in total equity.
06/15/2015
The outgoing President of the the African Export-Import Bank (Afreximbank) , Mr. Jean-Louis Ekra, says that the total assets of the Bank grew more than 10-fold from about half a billion dollars in 2004 to over $5 billion in 2014
06/12/2015
The specialist financial services conglomerate Peregrine Holdings have topped what has been a sterling financial year with a 50% hike in dividends and a strong pipeline of potential acquisitions
06/11/2015
African Bank said it lost 9.3 billion rand in the year ended September 2014
06/11/2015
The Islamic Corporation for the Insurance of Investment and Export Credit, a member of the Islamic Development Bank, facilitated $4.3 billion of exports and investments for its member countries
06/09/2015
Analysts said the results were "according to expectations" and "solid", but that Alexander Forbes traded at a high valuation.
05/29/2015
Kenya's Diamond Trust Bank increased first-quarter pretax profit by 9.5 percent year-on-year, helped by a growth in lending net interest income
05/28/2015
Standard Bank Group said on Thursday that it had grown income satisfactorily in the first four months of the year
05/25/2015
Al Baraka Banking Group is licensed as an Islamic wholesale bank by the Central Bank of Bahrain
05/25/2015
Net loans to customers rose seven per cent to Sh125 billion
05/25/2015
Tier 1 capital ratio under Basel I was 18.3 per cent and total capital adequacy ratio was 20.4 per cent.
05/24/2015
This week’s Barclays Africa’s annual general meeting served to illustrate how CEO Maria Ramos has taken control of the group after a turbulent phase of recovering from the recession
05/24/2015
From multinational HQs to selling secondhand vans, the Gulf state is racing to profit from the continent’s renaissance
05/21/2015
The group's wealth & investment business also saw operating profits jump 19.2%
05/21/2015
As at March 31, 2015 there were 16 commercial banks that had contracted 34,381 active agents
05/21/2015
‘We’ve got a much cleaner business, and we can focus on building as opposed to fixing.’
05/20/2015
The Barclays Africa board fended off a mild onslaught from shareholders on recent performance, executive remuneration and CEO Maria Ramos’s time commitments.