10/27/2014
South Africa's fourth-largest lender, Nedbank, posted an 8.4 percent rise in loan income for the first three quarters of the year after writing more loans to companies, the bank said on Monday.
10/03/2014
More than 63 percent of cash inflows were allocated to companies with hedge fund assets of more than R2bn
09/29/2014
Capitec Bank Holdings' first-half earnings rose by an expected 21 percent after the South African mass-market lender attracted more customers and booked higher transaction income.
09/19/2014
Investec sold its Australian professional finance and leasing businesses for A$440 million ($393 million) to Bank of Queensland
09/10/2014
Banque Centrale Populaire, one of Morocco's three biggest banks, said on Wednesday its half-year net profit rose by 12.7 percent to 1.1 billion dirhams on the back of a big increase in retail and investment banking income.
09/05/2014
The stock dropped more than 5 percent when Moody's announced its downgrade.
09/04/2014
South Africa's largest insurer by market value, Sanlam, posted an expected 28 percent jump in half-year earnings on Thursday as its diversification into other African markets and Asia paid of.
09/01/2014
The Bank’s loan book also grew by 16% from N899billion (about USD5.5 billion) recorded in June 2013 to N1.04 trillion (about USD6.3 billion) in June 2014
08/31/2014
National Bank of Kenya posted a 32 percent rise in first-half pretax profit to 1.25 billion shillings, helped by a rise in net interest income.
08/29/2014
Deposit taking micro financier Faulu Kenya's half-year net income for the period to June 30 moved in the range of small banks in the main lending market.
08/26/2014
FCMB Capital Markets has grown in revenue and profit contribution to the group
08/25/2014
The United Bank for Africa Plc; one of the largest financial services institution in Africa, has released its unaudited financial results for the first six months of the year, showing positive growth in financial indices.
08/25/2014
For the first six months through June 2014, GTBank’s net income reduced by 10 per cent to N44.0 billion from N49.01 billion for the same period (Q2) of 2013.
08/24/2014
Union Bank of Nigeria, who offered perspective on the bank’s new found strategy, returning to profitability and sustaining a growth path.
08/21/2014
Kenyan financial services firm, British American Investment Company (Britam) has reported a 32.03 per cent increase in its pretax profit.
08/18/2014
Non-interest income increased by 31 per cent to KES 5 billion largely from the sale of a property
08/18/2014
Co-operative Bank of Kenya announced plans to expand into Ethiopia and Uganda after reporting a rise in H1 2014 pre-tax profits compared to the same period in 2013.
08/17/2014
Standard Bank joint CEO Ben Kruger expects the sluggishness in the South African economy to persist for the rest of the year