11/14/2019
UBA Group wins CEO, Bank of the Year awards
Receiving the awards on behalf of the bank, UBA’s Executive Director, Mr. Ayoku Liadi
Retail Banking
11/13/2019
Afreximbank still plans IPO in London, Oramah says
The bank’s interest in IPO has “not gone away”, Afreximbank Chairman Benedict Oramah said at the African Investment Forum in Johannesburg.
11/13/2019
Tech puts over 12,000 bank jobs on the line
“The decrease in clerical and secretarial staff could be as a result of continued automation of banking procedures and processes,” says the regulator.
11/13/2019
Equity bank net profit up 10.3 pc
The bank says though the lifting of interest rates cap will boost its loan book
11/12/2019
Ecobank adopts Growth Strategy, targets strong ending for 2019
The Ecobank group in August 2019 appointed a new consumer banking head as well as chief financial controller to drive deposit and manage its finance.
11/12/2019
Banking crisis partly to blame for collapse of some fund managers — Securities Industry Association
According to the association, while poor governance and ethics played a part in this industry’s current challenges, the banking sector clean-up was the final trigger causing the liquidity challenges that some firms face
11/11/2019
BoU hands license to Absa Uganda to formalise name change
Absa’ was chosen as the future brand after wide consultation with employees and stakeholders across the group’s operations over a period of about a year.
11/11/2019
Here’s Why Nigerian Banks are Targeting Women
Access Bank has seen two-fold rise in deposits from women
11/11/2019
Microfinance bank losses hit Sh1.4bn
Market leader Kenya Women Microfinance Bank, formerly KWFT, was the major casualty closing in a loss-making position Sh1 billion.EoBxu4o9SxIP6tYGRz2l4LgBKKAR1IM.Q
11/10/2019
Ecobank Fighting the Sustainability Battle
The bank fell short of key performing parameters for deposit money banks in the review period with deposits from customers dropping by 3 percent while loans and advances to customers declined by 6 percent.
11/08/2019
Capitec hits 13 million customers in South Africa
Capitec is by far the largest bank in South Africa by customer numbers, having already led the sector by this measure at the time of its full year results (March 2019).
11/08/2019
Capitec completes acquisition of Mercantile Bank
Mercantile was offered for sale by its shareholder, Caixa, a Portuguese bank, due to it divesting from non-core operations outside of Portugal as part of its recapitalisation plan.
11/08/2019
CalBank nominates Philip Owiredu as CEO
It said over the years, he had built strong relationships with other banks and financial partners, operators and international development finance institutions
11/08/2019
AfricaWeb staff among top 50 most influential marketers in Ghana
The ranking provides a list of heads of marketing, sales, and commercial of various companies in Ghana who are doing exciting things to put their companies out there and record impressive marketing performance according to Prince Akpah, MD of Avance Media
11/08/2019
For The First Time, Rwandan Bank Lists On Africa’s Top 100 Banks
A Special Report on Africa’s top 100 Banks 2019 released by African business magazine – a subsidiary of IC publications, said Rwanda made its first appearance, with the smallest bank in the top 100 in 2018 making the cut with capital of $175m
11/05/2019
Ghana's banking sector records strong profits in August 2019
The strong profit performance was underpinned by higher growth in net interest income of 26.3 per cent in August 2019 after recording a marginal contraction in August 2018
11/05/2019
GTBank releases third-quarter results
The Bank’s non-funded income rose by 52% as at September 2019 to close the third quarter at GHS 169M from GHS 111M over the same period last year.
11/05/2019
Access Bank named Nigeria’s Best Digital Bank by World Finance magazine
A number of financial institutions have been quick to capitalise on this trend and these are the organisations celebrated by World Finance’s Digital Banking Awards.
11/04/2019
12 banks post N704.75bn profit in nine months
The lenders are Access Bank, Zenith Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTbank), FBN Holdings, Ecobank Transnational Incorporated (ETI), Stanbic IBTC and Fidelity Bank.
11/04/2019
Nigeria’s biggest lender enters EA market to grow African footprint
The Nigeria Stock Exchange (NSE)-listed lender is also eyeing East Africa’s nascent oil and gas sectors, counting on it its track record in financing upstream and downstream fuel projects.