03/24/2015
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
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
The increase of net interest income leads to ballooning of gross loans and advances to deposits to 88.5 per cent
03/23/2015
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 has recorded a 41 per cent profit growth as a result of improved operating efficiencies.
03/20/2015
South Africa's Investec expects full-year earnings growth after increasing the funds it manages
03/18/2015
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
Loans and advances to customers increased to N1.11trn
03/16/2015
The bank’s Board of Directors has proposed a final dividend of 35 kobo per share
03/16/2015
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
The CBN has increased benchmark interest rate to 13 per cent from 12 per cent
03/13/2015
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 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
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
Barclays Africa Group chief says Botswana market is important to the overall success of the group's performance.
03/08/2015
Barclays Bank of Kenya said pretax profit rose 10 per cent to Sh12.3 billion in 2014
03/08/2015
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.
03/06/2015
Earnings per share was up by 4.98 per cent to N3.16 from N3.01
03/06/2015
The Group also announced a dividend of 225 cents per share
03/05/2015
Earnings per share excluding one-time items increased 1 percent to 10.70 rand, missing the 10.97 rand median estimate of 13 analysts surveyed by Bloomberg.