03/25/2015
South African Property delivered a total return of 12.9 percent in 2014
At a property segment level, the top performer for 2014 was small regional centres at 16.2%
ESG
03/25/2015
Diamond's Atlas Mara assessing more deals after first-year loss
Atlas Mara was co-founded by Diamond and Africa-based entrepreneur Ashish Thakkar in 2013
03/24/2015
FCMB records N23.9 billion PBT
The results for the full-year 2014 reflect solid momentum in FCMB Group Plc’s profitability, enabled by harnessing the synergies between its corporate and investment banking entities, as well as the successful execution of its retail strategy.
03/24/2015
Capitec focused on lower risk customers to boost profits
Capitec is granting higher value loans to lower risk customers, as it maintains its conservative approach to unsecured lending and focuses on growing the number of transacting bank clients.
03/24/2015
South Africa's Capitec Bank FY earnings up 27 pct on fee income
Transaction fee income was up 35 percent at 2.6 billion rand ($218 million) after the lender's active clients increased by nearly 860,000.
03/24/2015
Tanzania: Non-Interest Income Boosts Bank of Africa Profit
The increase of net interest income leads to ballooning of gross loans and advances to deposits to 88.5 per cent
03/23/2015
Morocco's BMCE Bank 2014 net profit rises 58 pct
Total bad loans rose to 6.9 billion dirhams from 6.3 billion dirham at the end of 2013
03/20/2015
The Gulf African Bank records profit growth
The Gulf African Bank has recorded a 41 per cent profit growth as a result of improved operating efficiencies.
03/20/2015
Investec sees earnings growth, but warns on rand
South Africa's Investec expects full-year earnings growth after increasing the funds it manages
03/18/2015
Co-operative Bank of Kenya 2014 profit flat after one-off payment
Co-operative Bank of Kenya posted on Wednesday a 0.5 percent rise in 2014 pretax profit at Sh10.92 billion, slowed by a one-off payment for staff redundancies.
03/17/2015
Access Bank earnings hit N245bn
Loans and advances to customers increased to N1.11trn
03/16/2015
Access Bank declares N42.9bn PAT for 2014
The bank’s Board of Directors has proposed a final dividend of 35 kobo per share
03/16/2015
Nigeria: Three Banks to Pay Dividends
In the last two weeks, three out of 15 banks listed on the Nigerian bourse have released their full year financial results ended December 31, 2014 and recommended dividends for their shareholders.
03/15/2015
GTBank records profit growth amid tight regulatory environment
The CBN has increased benchmark interest rate to 13 per cent from 12 per cent
03/13/2015
Kenya: Equity Bank Group realized a pretax profit of $ 245.08 million in 2014
The Equity Bank Group, which has subsidiaries in Uganda, Tanzania, Rwanda and South Sudan, has recently announced plans to locate in five new countries in East Africa and Central Africa.
03/13/2015
SA's big five banks growing in hard times
SA’s big five banks grew earnings by low double digits last year, despite a tough economic environment which has put consumers and corporate customers under pressure.
03/10/2015
S.Africa's FirstRand posts 13 pct growth in H1 earnings
South African banking group FirstRand reported a 13 percent rise in first-half earnings on Tuesday, underpinned by growth in advances and deposits.
03/09/2015
Botswana Market Vital to Barclays Performance
Barclays Africa Group chief says Botswana market is important to the overall success of the group's performance.
03/08/2015
Barclays Kenya 2014 pre-tax profit rises 10pc
Barclays Bank of Kenya said pretax profit rose 10 per cent to Sh12.3 billion in 2014
03/08/2015
Morocco's Bank BCP posts 12.5 pct rise in 2014 net profit
The bank said in a statement on Friday that net profit attributable to shareholders rose to 2.2 billion Moroccan dirham ($224.9 million), although the profit rise was held back by an increase in provisions for bad loans.