10/21/2019
East African banks rank among world’s top performers
They made significant strides in strengthening their balance sheets (assets) and increasing their Tier 1 capital in line with the Basel III requirements.
Retail Banking
10/18/2019
Equatorial Guinea signs Lusophone Compact: new milestone in initiative to accelerate sustainable private sector development
The Portuguese Government has allocated Euro 400 million in guarantees and other risk sharing mechanisms in the 2019 national budget to support the implementation of the Compact
10/18/2019
Nedbank to reskill employees as tech disrupts jobs
The bank says it is mindful of the difficulties being experienced across all facets of the South African economy and that speculation surrounding the impact on staff numbers from any acceleration in its digital and innovation strategy causes apprehension.
10/17/2019
FNB offers entrepreneurs free business banking, learning hub
With the SME sector touted as a prime forum for job creation and economic growth, banks are starting to tune in to the opportunities it offers.
10/16/2019
Equity’s Pan-African growth plan on course with BanABC takeover
BancABC, officially known as ABC Holdings is a wholly-owned subsidiary of Atlas Mara, which is listed on the London Stock Exchange.
10/16/2019
Wema Bank, BoA Group sign multi-currency pact
Under the terms of the agreement, the two financial institutions committed to deepening the relationship between them around the Pan African trade ecosystem (trade facilitation, correspondent banking among others).
10/16/2019
FNB launches digital entrepreneurship programme in South Africa
As an entrepreneurial organisation, we strive to truly understand the needs of our customers.
10/15/2019
Bank cards use grows 25pc in eight months
Data from Central Bank of Kenya shows the first eight months of 2018 saw Kenyans spend Sh318.7 billion to settle payments for goods and services.
10/11/2019
Access Bank accelerates retail operations after Diamond Bank merger
Now Diamond Bank catered for a different end of the market.
10/10/2019
Mboweni approves Capitec acquisition of Mercantile
Capitec's plan is to grow Mercantile Bank into Capitec's Business Bank. Capitec believes this will create exciting opportunities for both Mercantile and Capitec employees.
10/10/2019
Mainstream lenders remain customers’ first option for savings
The survey also showed that in terms, of borrowing, about three-quarters (76 per cent) would prefer getting loans from a bank, despite the cheap credit always danged by mobile loan companies.
10/09/2019
Ecobank Nigeria celebrates customers, assures of sustained excellent service delivery
Customers who spoke at the event eulogized the Bank’s excellent service delivery across all its channels.
10/08/2019
African Development Bank and partners launch pilot Cities Diagnostics tool in five cities
The tool includes key environmental and urban sustainability indicators as well as disaster risk and vulnerability, and urban footprint growth
10/08/2019
The biggest banking scams in South Africa
Clients are called and cohered into divulging sensitive information pertaining to their banking profile, bank cards or passwords which are in turn used to commit fraud against the clients’ accounts or access their banking profiles.
10/08/2019
Two international firms expand their global footprints
South Africa and Kenya are both sizable economies, but they’re also gateways into other sub-Saharan markets.
10/07/2019
Mobile-Based Lending Is Huge in Kenya: But There’s a Downside Too
It is no surprise, therefore, that technology and unregulated lending have developed together so strongly in Kenya.
10/07/2019
KCB sees drop in NBK- led dud loans next year
Bad loans at NBK have grown from Sh2.2 billion in 2012 to Sh32.4 billion by the June this year.
10/07/2019
Kenyans with Sh100,000 in bank fall to 13-year low
The drop comes in a period when corporate Kenya has witnessed reduced profitability that has ushered in job cuts
10/04/2019
Mobile-based lending is huge in Kenya: but there’s a downside too
These lending services have been made possible by the ballooning financial technology (fintech) industry.
10/04/2019
Nigeria: Improving the Card Payment Space
Stakeholders in the card payment space have argued that despite the increased number of online payment gateways in Nigeria, market regulators have not made impressive efforts to mitigate the challenges caused by technology disruptions.