Managers of Wealth Africa

Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup

The newly branded company will seek to capitalize on that sentiment later this year.

Ecobank launches sandbox to help African fintechs develop innovative apps

The move, according to the bank, will promote its e-banking segment. It follows the appointment last year of a new Group Senior Fintech Advisor, Djiba Diallo.

KPMG report: FirstBank leads retail banking space

The KPMG Nigeria has for the 13th consecutive year released the Banking Industry Customer Experience Survey

Access Bank CEO releases additional N297m shares

The share price of Access Bank Plc closed at N10 on December 31

Nigeria's lender Access acquires Kenya's Transnational Bank

"The acquisition is expected to strengthen the resilience of Kenya's banking sector," it said.

Nigeria's Access Bank is expanding into the Republic of Cameroon

Access Bank said the proposed expansion is still awaiting both regulatory approvals in Nigeria and Cameroon.

Taking retail banking business to the next level

It further stated that the continent’s overall banking market is the second-fastest-growing and second-most profitable of any global region, and a hotbed of innovation.

South African consumer confidence remains near two-year low - survey

The country's medium-term budget policy has also made consumers conscious.

Capitalism for everyone: The Mauritius Commercial Bank Ltd (MCB) join forces with the AFRICA CEO FORUM to rethink the role of Africa’s private sector

For two days, the AFRICA CEO FORUM 2020 will drive public-private dialogue forward by providing a platform where economic leaders and public-sector representatives can discuss key sectoral challenges

Despite threats, it’s business as usual for SA banks

“Nevertheless, the banking industry takes cybersecurity very seriously and has robust risk mitigation strategies in place,” SABRIC states.

Lebanon’s Bank Audi Is Said to Receive Interest in Egypt Unit

Lender may sell the unit as part of restructuring process

FirstBank CEO Adeduntan gets global recognition

The Award is the School’s highest honour and recognises his significant success within the banking industry and sector while upholding the highest standards in business practice.

Banking reforms: Banks deposits increased by 17.1 percent in 2019

On the other hand, deposits of non-residents, that is, those sections of the population other than persons residing in Ghana, remained small at GH¢397.7 million; though it increased from GH¢342.1 million in the year before.

Sterling Bank is Nigeria’s 3rd best in retail banking – KPMG

Sterling Bank scored 72.1 percent, along with Access Bank, both trailing GTBank and Zenith Bank Plc which scored 74.2 percent and 73.4 percent to rank first and second respectively in the period under review.

Absa's new boss faces tough fight to win back business

Mminele's impact remains to be seen.

KCB wires new funds into National Bank

KCB earlier said it was in a position to recapitalise NBK while maintaining its dividend payout of about 50 percent of net earnings.

Bloomberg reveals Africa’s leading bank bookrunner in 2019

Further details in the report showed that Afreximbank did not top the list in all the categories.

Kenya ups domestic borrowing target to Sh514 billion

It also comes as the Kenya Revenue Authority struggles to meet tax targets in a slow economy, forcing the Treasury to reduce the taxman’s target by Sh100 billion to Sh1.7 trillion.

Bankers cagey on loans pricing plan after end of rate cap

Banks are yet to adjust lending rates upward or downwards since the rate cap was repealed in November

Fin24.com | Consumers win as disruptors force banks to lower fees

Absa was the only bank that chose not to cut fees on its entry-level day-to-day bank account in response to Tymebank and other no-fee challengers in 2019.

Retail Banking