12/30/2019
Moody’s forecasts a tough 2020 for banks in the region
That will mean less dividend prospects for shareholders and dimmer career prospects for bank workers.
Retail Banking
12/27/2019
Customers ‘show trust‘, says African Bank, as profits rise again
In a statement issued on the JSE Stock Exchange News Service, the group also emphasised a focus on stricter lending criteria, saying the bank “continued to be a responsible provider of unsecured credit to South African consumers”.
12/27/2019
‘Nigerian banks are most creative, innovative in Africa’
According to Olowu, the establishment of the bank would provide a platform for all strategic stakeholders in the education sector to access short to long term loans at single-digit interest.
12/27/2019
Access Bank Wins Most Sustainable Bank at 2019 CBN Sustainability Awards
Additional wins include the ‘Most Sustainable Transaction of the Year in Power’ and the ‘Bank of the Year in Women Economic Empowerment’.
12/24/2019
CBN lauds Access Bank’s sustainability leadership
Access Bank also emerged first place winner for the ‘Most Sustainable Transaction of the Year in Agriculture’ and the ‘Most Sustainable Transaction of the Year in Oil and Gas’.
12/23/2019
Sterling Bank wins Banker’s Award for Banking in the Community
Atilola said the Sterling Agent Banking Edu- Finance Scheme was introduced to ease the burden of about 70 percent of Nigerians who receive wages weekly and are unable to make upfront payments of school fees on behalf of their children.
12/23/2019
Deputy CEO of EXIM Bank wins Global Leadership Excellence Award in UAE
It was designed to discuss issues affecting the 21st century woman and find ways to empower them to play critical role in the society.
12/20/2019
StanChart launches campaign to promote electronic cards usage
For existing card users, "they must continue using them but they need to do a minimum of 20 transactions within the three months period of the promo to qualify for the grand prize.
12/19/2019
Bank Windhoek ranked Best Bank in Namibia by PSG
Bank Windhoek is the flagship brand of Capricorn Investment Group Limited (Capricorn Group)
12/17/2019
Banks, businesses forecast inflation above 5pc in 2020
On the plus side, a stable exchange rate and weak demand pressure will help keep the cost of living within range, but there remains a risk due to supply-side shocks.
12/17/2019
Cameroon bets on Islamic financing to boost financial inclusion and attract Middle Eastern investors
This type of finance “can promote the development of financial inclusion by targeting all those still excluded from the traditional financial system for cultural reasons.
12/16/2019
EAC central bankers scramble to contain possible economic slump
“Externally, a faster-than-expected global economic slowdown remains a major risk to the outlook,” they said.
12/11/2019
Co-op bank named best bank in Kenya at the 2019 EMEA Finance Awards
The awards gala was held on the 5th of December 2019 at The Law Society, London
12/10/2019
KCB ranked most attractive listed lender
Cytonn says banks will make more profits from their mainstay lending business after the rate caps were removed.
12/10/2019
Ecobank wins Bank of the Year and Best Bank in prestigious London awards ceremonies
Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London.
12/09/2019
Access Bank Named Most Outstanding Company In Sustainability In Africa
For the 3rd consecutive time
12/09/2019
KCB Group named most attractive bank in Kenya
According to the Cytonn third quarter banking sector report, KCB’s good run is supported by a strong franchise value and intrinsic value score.
12/09/2019
Nigeria: Adeduntan - Promoting Ethics Key to Sustainability of Institutions
He added that through the competition, the future of the country and the world would be shaped through the concerted contributions of the youths.
12/06/2019
Tanzania: Absa Opens First New-Look Branches in Dar
The project will likely be one of the largest rebranding programmes in Africa at this time.
12/04/2019
Egypt’s top lender seeks approval to buy Mayfair Bank
It was licensed in June 2017 and nearly doubled its loss in the nine months to September 2019 to Sh250 million, making it one of the few lenders to post losses in Kenya’s banking market of 43 banks.