06/17/2020
“Following the conclusion of a thorough due diligence and a special board meeting held on Wednesday, June 3, 2020, the board approved for recommendation to the shareholders a legally binding offer from Cooperative Bank,” said Jamii Bora Bank c
06/16/2020
The first successful international prepaid card transaction was performed on 14 June 2020
06/16/2020
Standard Chartered Bank Botswana has launched Botswana’s first Wallet-to-Bank service.
06/15/2020
Moody’s recently affirmed the ratings and assessments of 11 banks in Saudi Arabia.
06/15/2020
AUDA-NEPAD Chief Executive Officer, Dr. Ibrahim Assane Mayaki, commended the contribution of all financial institutions, development partners and other stakeholders who participated in designing the, “100,000 MSMEs by 2021,” programme.
06/14/2020
As of June 12, the Bank’s COVID-19 emergency packages have reached the continent’s five geographic regions
06/14/2020
The five winner were selected from a group of 180 companies which competed for the top prize.
06/11/2020
The Bank had embarked on several cost minimization initiatives that have continued to yield positive results.
06/10/2020
In May 2018, TPB Bank took over the former Twiga Bancorp and, three months later (August 2018), it did the same with the Tanzania Women’s Bank (TWB).
06/09/2020
Zenith Bank recorded the most profit after tax during the period with N50.5 billion.
06/09/2020
Standard Bank Group reported its sole annual-profit decline in 2010 in the wake of the global financial crisis, while FirstRand Ltd.’s earnings shrank in 2008 and 2009.
06/09/2020
The financial service provider said that a total of 270 projects have been delivered as part of the separation programme
06/08/2020
The facilities aim to help the banks boost their foreign exchange liquidity
06/08/2020
Standard Bank Group reported its sole annual-profit decline in 2010 in the wake of the global financial crisis, while FirstRand Ltd.’s earnings shrank in 2008 and 2009.
06/08/2020
“Banks will remain sceptical on lending (especially to retail and SMEs). Expect them to put cash in government securities but that cannot guarantee 100 per cent absorption of new deposits,” said Eric Munywoki, a financial analyst at Goodson Ca
06/05/2020
Absa is not the only company to put a damper on growth ambitions in the interest of preserving capital.
06/05/2020
Sticitt has taken in two batches of funding in 2020 to cover operational expenses of its current market rollouts, which include the launch of its Sticitt Terminal application, allowing its merchants to accept tap or scan-to-pay payments.
06/04/2020
The 15 offices are predominantly in central and eastern Europe including Poland, Turkey and Russia.
06/04/2020
Absa also announced that former PwC Africa's chief operating officer, Fulvio Tonelli, will join the group as a non-independent non-executive director from 1 July 2020.
06/03/2020
Banks have all extended relief to clients to help shore up their cash flows