Managers of Wealth Africa

Standard Bank launches syndicated loan to fund trade finance activities

Standard Bank declined to comment on its most recent loan launch.

Standard Chartered wins best consumer digital bank award in Tanzania

“Our Digital Bank on Mobile solution is a demonstration of how we continue to be on the cutting edge of strategic technology investments and marries very well with our customer obsession mantra,”

Borrowers in default on 21pc of mobile bank loans

The default rate is more than double the average ratio of non-performing loans for conventional borrowing - whose default rate has stood at 10.2 percent over the three year period.

Standard Chartered Targets Retail Banking for Nigerian Expansion

Retail is where we’re going to see exponential growth

Celebrating 14 years of innovation and service excellence: the Zenith journey

Zenith's heritage as a homegrown and wholly-owned West African bank

First Bank unveils new product for schools

With over N5bn loans already disbursed to schools this year alone, we are committed to supporting growth in this key sector of our economy.”

SBM Bank taps UnionPay to launch prepaid cards in Kenya

Addition of a Yuan and Dollar wallet is in the pipeline.

African financial experts meet in Uganda over protection of savings

He said with the deposit insurance system in place, depositors have assurance that their savings will be repaid up to a set limit in case their bank closes.

Equity, KCB buyouts: The making of $15b region’s banking giants

The transaction is expected to be completed in the next three months

Mobile money payments rise on digital banking

The change underlines the rising popularity of the mobile money in transactions where many banks, mobile lenders, savings and credit societies and merchants have also been linking up with the mobile banking services to improve their product offer.

How StanChart helped TransCentury post profit

The positive earnings were largely boosted by a Sh1.3 billion net gain resulting from the write-off of part of the StanChart loans.

Co-op Bank set to launch five new branches

In Nairobi, Co-op Bank will add two more branches — one along Kenyatta Avenue at Standard Building and another at the upcoming Parliament tower.

Zenith Bank Among Top 3 Most Credible In Ghana

The other banks are Societe Generale (6th), Stanbic Ghana (7th), Fidelity Ghana (8th), Access Ghana (9th) and GCB Bank (10th).

More (mostly rich) South Africans are now getting home loans – here’s why

Competition between mortgage lenders, and buyers less depressed about South Africa, helped push up the number of loans, though mostly at the higher-priced end of the market.

Equity tipped to spend Sh17bn in DRC bank deal

SIB senior associate research analyst Martin Kirimi said given that BCDC is much stronger than ProCredit was at the time of its acquisition, the least amount of money Equity will part with is likely to be twice the net assets of the lender.

UBA’s Resilience Boosts Profitability

I am pleased with the half year performance of the Group

KCB taps into Japan market to expand portfolio in deal with giant SMBC

KCB Bank works with several multinational companies in different industries such as motor vehicles, retail, household consumer products etc.

Exclusive Interview: Sola David-Borha speaks on technological innovation at Standard Bank

Standard Bank is bringing fintech innovation into its fold through a variety of cutting edge investments.

Access Bank Reaping Benefits of Merger, Says Afrinvest CEO

The bank’s recorded improved performance in the half year(H1) ended June 30, 2019, as its audited results showed gross earnings of N324.4 billion, indicating a growth of 28 per cent from N253.0 billion in the corresponding period of 2018.

Commercial Bank of Ethiopia Opens First Full-Fledged Interest Free Branch

It is to be recalled that CBE earned over $612.46 million in profits in 2018/19, and has a deposit of $18.5 billion.