12/04/2019
It was licensed in June 2017 and nearly doubled its loss in the nine months to September 2019 to Sh250 million, making it one of the few lenders to post losses in Kenya’s banking market of 43 banks.
12/04/2019
The awards ceremony took place at the Sheraton Grand, Park Lane in London at the weekend, where UBA was represented by its CHief Executive Officer, UBA Africa, Mr Victor Osadolor, who received all seven awards on behalf of the bank.
12/04/2019
"This award recognizes the commitment of the Corporate and Investment Banking Directorate at Sterling for supporting the Nigerian Local Content initiatives."
12/02/2019
Absa has made its basic, entry-level Transact account even more affordable in 2020
12/02/2019
The former minister expressed gratitude for receiving such an honour
12/02/2019
The theme for this year’s edition of the FiRe Awards was “Enhancing Corporate Value Through Excellence in Financial Reporting for Cross-border Trade and Investment Facilitation in East Africa and Beyond.”
12/02/2019
This best bank award is the latest in a series of awards won by Ecobank Zimbabwe Limited.
11/29/2019
Stanbic Bank would like to assure its existing and new clients that the bank, will not revert to the punitive interest rates era unguided.
11/28/2019
Dahabshiil which Duale heads is Africa’s leading money transfer company.
11/28/2019
The bank is in negotiations to buy local insurer Sonarwa.
11/28/2019
Additionally, funding cost for Kenyan banks stood 100 basis points lower over the same period, reflecting their wider access to retail deposits, it added.
11/27/2019
Access Bank has over the years partnered with several organisations to impact millions of lives and thousands of families.
11/27/2019
Bidders could include local telecommunications companies as well as infrastructure funds, the people said.
11/27/2019
Maluleke said the group’s customer base had declined for the first two years after the bank’s curatorship
11/27/2019
According to the statement, retail customer deposits stood at R2.3bn, up from R1.1bn in 2018.
11/27/2019
Net profit after tax up 13% to R1.15bn, with retail deposits increasing 115% to R2.4bn in the year to September.
11/26/2019
The lender’s non-interest income, mainly from fees and commissions on loans, grew by 11 percent to Sh2.05 billion.
11/26/2019
The group saw it third year of improved profitability to end-September, when retail deposits rose 115%
11/26/2019
It is poised to further unlock Uganda’s potential and support the country’s accelerated growth with its new business strategy
11/26/2019
Until the opening of the Standard Bank agency, Kamanjab had no full resident banking services, so inhabitants have had to either travel long distances to other towns to access these banking facilities or rely on mobile banking services by visiting the vil