11/14/2019
African Development Bank, Credit Suisse, Industrial and Commercial Bank of China and Ghana Cocoa Board ink $600 million loan agreement to boost cocoa product
11/14/2019
The Bank Group’s investment in Africa Finance Corporation (AFC) will enable both institutions to accelerate infrastructure development and delivery on the continent
11/14/2019
Mr Mwangi had recently talked of leaving the bank’s executive suite to join its foundation—which is the social arm of Equity Group.
11/14/2019
Central Bank of Kenya (CBK) data shows Rwanda had five subsidiaries with 56 branches in contrast with Uganda’s seven units with a branch count of 104. Tanzania had six subsidiaries with a network of 76 branches.
11/14/2019
The total operating income grew by 9 per cent from Sh32.3 billion to Sh35.2 billion.
11/14/2019
Receiving the awards on behalf of the bank, UBA’s Executive Director, Mr. Ayoku Liadi
11/13/2019
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
“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
The bank says though the lifting of interest rates cap will boost its loan book
11/12/2019
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
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
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
Access Bank has seen two-fold rise in deposits from women
11/11/2019
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
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 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
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
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
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
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