Managers of Wealth Africa

UMB rides covid-19 storm, 194% increase in profit

With the UMB Visa contactless cards, customers can make faster and secure payments on any contactless-enabled POS device or terminal worldwide.

Banking sector’s profitability drops by 88 per cent in April

A volatile environment has also seen banks refuse to lend to the private sector, with most of them parking their excess liquidity in government securities at low-interest rates.

Assessing The Sectoral Distribution Of Credit And Non-Performing Loans In Ghana

In a financial sector where there is high Non-Performing Loans relative to the total assets of a financial institution, a serious threat is posed to performance indicators such as return on assets and return on equity which could eventually lead to corpor

A Decade in Peerless Excellence

GTBank is Nigeria’s Best Bank for a record extending 10 Times

Ghana: GCB Bank Records Impressive Profit Growth Performance

In view of the sterling financial performance of the bank, the Board Chairman said the bank declared a dividend of twenty pesewas per share.

Ecobank introduces special loans for female entrepreneurs

She advised the women business owners to approach the bank online through its social media platforms or send a mail to access the loans, while assuring them of Ecobank’s assistance in growing their business.

Development Bank of Southern Africa sees profits falling on Covid-19

Commercial lenders such as Standard Bank have come under significant pressure as a result of the pandemic and the subsequent lockdown of the SA economy.

Access Bank: Propelled By Transformational Agenda

The two men, then in their 30s, were given the mandate to ensure that the bank became one of Nigeria’s leading financial institutions within a five-year period (March 2002 to March 2007).

ZUFIAW official sues Barclays, ABSA over ‘unlawful’ name change

He wants the High Court to declare that the unilateral and non-consensual transfer of the employees of Barclays Bank to ABSA Bank is a terminating event entitling the employees of Barclays Bank Zambia to payment of redundancy benefits under the applicable

Capitec’s New Banking App Reaches Top Spot on Local App Stores

“Our use of AI technology has allowed us to continuously improve our processes and efficiencies, while giving us a better understanding of our clients’ needs on an individual level."

Standard Chartered Bank Ghana Limited Records Highest Percentage Growth In 5 years

The Bank Has Also Been Named Africa's Best Bank For Transformation At The Euromoney Awards For Excellence 2020

GCB Announces GHC573.67 Million Profit At 26th AGM

GCB Bank recorded a significant growth in Profit before Tax of GHS573.67 million from GHS450.17 million in 2018, up by 27.4 per cent and paid a dividend of twenty pesewas per share.

BankStanbic digitizes banking service requests for clients

Stanbic Bank and its parent company, Standard Bank Group, have been acknowledged globally for leveraging the benefits of technology and digitization to enhance quality service delivery.

Ecobank Reports N48.535bn Profit in Q2 2020 Despite COVID-19

Ecobank Posts N48.535bn Profit After Tax in Q2 2020

FBN Holdings Records 56% Growth in Half-year Profit to N49.5bn

Despite the difficult operating environment, the H1 results demonstrate our resilience and capacity to deliver on long-term ambitions.

South Africa's Standard Bank warns of up to 50% profit slump

Africa's biggest bank by assets said in a trading update the hit to its headline earnings per share

Standard Bank Bets Big on Africa’s Largest FDI Project

Total estimates that the facility will generate about $50 billion of revenue for the government of Mozambique over 25 years.

Covid-19 triggers decline in agent banking

Between January and March, agent banking recorded 7 million transactions, but this number dropped between April and June to only 5 million transactions.

Absa wins the Euromoney 2020 Excellence in Leadership in Africa award

Absa prioritised the safety and wellbeing of its employees as a first response to Covid-19

TymeBank reaches new high, adds fast mode of transaction

The business mogul is an anchor shareholder of the bank via African Rainbow Capital, a black economic empowerment investment holding company, in which he is the majority shareholder.

Retail Banking