Managers of Wealth Africa

Nigeria: Union Bank Records N135.9 Billion Gross Earnings in 2014

Profit before tax grew from 3.77 billion to N27.7 billion in 4014

Pan-African banking group Ecobank says 2014 pretax profit up 144 pct

The bank did not give a reason for the increase in earnings.

Indicators show solid growth for Barclays Africa

Barclays Africa has announced positive financial results for 2014, revealing steady growth in all sectors

Nigeria’s Stanbic IBTC Holdco Q1 pretax profit falls 46 pct

Naija247news recalls that the Central Bank of Nigeria (CBN) has released exposure draft on guidelines for licensing and regulating holding companies

Nigeria: UBA Grows Profit By 35 Percent in Q1

United Bank for Africa Plc posted a growth of 35 per cent in its unaudited first quarter results ended March 31, 2015.

Standard Bank Mozambique posts profit of US$44.5 million in 2014

With an increase of 17 percent in equity, the bank saw customer deposits expand 8 percent, to US$1.082 billion

Tanzania: Bank M Registers Robust Q1 Profit

BANK M, the corporate and investment bank, has continued to shine after posting robust first quarter pre-tax profit increase of 48.4 per cent.

Nigeria: First Bank Group Earnings Hit N481 Billion

The Group recorded a strong financial performance in 2014

FBN Holdings Posts Profit, Gives Dividend, Bonus

FBN Holdings total assets grew by 12.2 per cent from N3.9 trillion to N4.3 trillion

Nigeria: Diamond Bank Grows Assets By 27 Percent

Diamond Bank Plc has reported a growth in key financial parameters for the year ended December 31, 2014.

Zimbabwe: Stanbic Bank's Profit Jumps

Stanbic Bank Zimbabwe saw its profit jump by nearly $3 million to $20,7 million for the year ended December 31 2014 from the prior year

Banks interest rates in Kenya hit new low

Lending charges in Kenya have dropped to a new low as commercial banks bring them down, albeit slowly, following the implementation of a loan-pricing formula by the regulator over a year ago.

ZANACO records profit

Mr Dick said the bank’s customer acquisition increased to over 850,000 in 2014 from 720,000 in 2013.

Ecobank attributes 2014 record profits to prudent funds management

Ecobank, this record performance has become the biggest in the country in terms of assets, deposits, and loans advances.

Standard Bank's Zimbabwe unit's 2014 profit up 13 percent

Standard Bank's Zimbabwe unit reported on Tuesday a 13 percent jump in 2014 profit to $20.7 million

Ecobank Ghana posts impressive 2014 results

Ecobank Ghana appears to have posted the highest profit in the banking industry so far

Ecobank profit before tax up 38pct in FY14

Ecobank Zimbabwe reported a 38 percent growth before tax to $3,3 million for the full-year ended 31 December 2014

StanChart records first ever $100m net profit in Kenya

The bank said aside from cost effective strategies like shrinking its loan books by Sh7 billion, it also sold a few of its properties to maintain its position as the country’s third most profitable bank.

UBA’S loan book crosses the N1trn mark

This is the first time the bank is crossing the N1 trillion mark in its loan book.

Zenith Bank gets approval to pay N54.9bn dividend

He said the result signified “another excellent performance” and showed the durability and resilience of the Zenith Bank brand.

ESG