02/11/2019

UBA LEO covers 17 African countries, reaches 1m subscribers

Described as an “alpha version” by digital enthusiasts, Leo has surpassed one million users on the bank’s mobile app in just 12 months because of its numerous benefits and acceptability; a feat its close rivals have not been able to atta

02/11/2019

Equity Bank in SME advisory deal with IFC

The international financier noted that Equity is already the country’s leading SME bank, with the segment comprising close to 60 per cent of the bank’s loan portfolio.

02/07/2019

FNB is Africa's most valuable banking brand

Mfikwe added that this year, FNB celebrates 180-years of existence and as we reflect on our journey, we believe that our core brand promise of helpfulness has allowed the brand to evolve into one that is customer-centric and uniquely innovative.

02/05/2019

Moody's says NIC, CBA merger good for banking sector

“Despite integration costs in the first two years of the merger, cost synergies resulting from staff and branch rationalisation and reduced funding costs from the stronger banking franchise have the potential to support profitability,” said Mo

02/01/2019

East Africa: CRDB Eyes to Expand in East Africa

The Dar es Salaam Stock Market listed CRBD was set for massive accomplishments with a number of innovations and new packages for its both local and foreign consumers, he said.

01/31/2019

Mauritian top lender sees gold mine in Kenya deals

Companies from the island nation have adopted an aggressive expansionist stance in Kenya’s financial sector over the last few years, collectively injecting more than Sh10 billion into the economy through acquisitions and investment in Kenyan firms.

01/31/2019

Absa index paints mixed picture for capital markets

The Absa Africa Financial Markets Index was launched last year by Absa Group Ltd of South Africa, a large banking institution that recently acquired most of Barclays Bank Plc Africa’s operations.