12/02/2019
Ecobank, Stanbic Zimbabwe bag top accolades
This best bank award is the latest in a series of awards won by Ecobank Zimbabwe Limited.
Retail Banking
11/29/2019
Send-off package trims Stanbic profit
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
Money Transfer Chief Optimistic Over Africa’s Economic Growth
Dahabshiil which Duale heads is Africa’s leading money transfer company.
11/28/2019
Rwanda's Bank of Kigali quarterly pretax profit up 58.9%
The bank is in negotiations to buy local insurer Sonarwa.
11/28/2019
Nigeria: Top Kenyan Banks Have Stronger Cost-to-Income Ratios Than Nigerian Banks - Moody's
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 emerges the biggest winner at the 2019 SERAs
Access Bank has over the years partnered with several organisations to impact millions of lives and thousands of families.
11/27/2019
South African Billionaire To Sell Stake In Vumatel And Dark Fibre Africa
Bidders could include local telecommunications companies as well as infrastructure funds, the people said.
11/27/2019
African Bank takes its foot off the pedal, targets 25 000 customers a month
Maluleke said the group’s customer base had declined for the first two years after the bank’s curatorship
11/27/2019
Customers 'show trust', says African Bank, as profits rise again
According to the statement, retail customer deposits stood at R2.3bn, up from R1.1bn in 2018.
11/27/2019
African Bank well on its way to recovery
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
Family Bank Q3 profit up nearly four times
The lender’s non-interest income, mainly from fees and commissions on loans, grew by 11 percent to Sh2.05 billion.
11/26/2019
African Bank’s digital focus pays off as retail deposits double
The group saw it third year of improved profitability to end-September, when retail deposits rose 115%
11/26/2019
Absa ready for possibilities
It is poised to further unlock Uganda’s potential and support the country’s accelerated growth with its new business strategy
11/26/2019
Isolated Kamanjab welcomes Standard Bank agency
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
11/25/2019
Sidian raises Sh3.7bn to shore up capital
The bank’s chief executive Chege Thumbi said Sidian also signed an agreement to receive another €1.5 million
11/25/2019
Bank of Baroda updates on South Africa Operations
Bank of Baroda Senior Management has taken cognizance of the issues appearing in the media.
11/21/2019
Barclays Bank posts Sh6bn profit before rebrand cost
“To ensure the financial performance is comparable and to report the progress on the underlying business, Sh910 million has been reported as an exceptional item relating to the spend on transition to Absa,” said Barclays in a statement yesterd
11/21/2019
NBK targets Sh22 billion asset auctions over unpaid loans
Paul Russo, the NBK managing director who was tapped from KCB to oversee the integration
11/20/2019
Leveraging merger synergy for higher performance
The results summarised the significant improved performance, reflecting the positive impact of the merger.
11/19/2019
FNB launched its zero-fee bank account ahead of Bank Zero - here’s how it compares to other entry levels accounts
The account’s launch is ahead of former FNB CEO Michael Jordaan’s Bank Zero which also promises zero monthly fees.