11/10/2019
The bank fell short of key performing parameters for deposit money banks in the review period with deposits from customers dropping by 3 percent while loans and advances to customers declined by 6 percent.
11/08/2019
Capitec is by far the largest bank in South Africa by customer numbers, having already led the sector by this measure at the time of its full year results (March 2019).
11/08/2019
Mercantile was offered for sale by its shareholder, Caixa, a Portuguese bank, due to it divesting from non-core operations outside of Portugal as part of its recapitalisation plan.
11/08/2019
It said over the years, he had built strong relationships with other banks and financial partners, operators and international development finance institutions
11/08/2019
The ranking provides a list of heads of marketing, sales, and commercial of various companies in Ghana who are doing exciting things to put their companies out there and record impressive marketing performance according to Prince Akpah, MD of Avance Media
11/08/2019
A Special Report on Africa’s top 100 Banks 2019 released by African business magazine – a subsidiary of IC publications, said Rwanda made its first appearance, with the smallest bank in the top 100 in 2018 making the cut with capital of $175m
11/05/2019
The strong profit performance was underpinned by higher growth in net interest income of 26.3 per cent in August 2019 after recording a marginal contraction in August 2018
11/05/2019
The Bank’s non-funded income rose by 52% as at September 2019 to close the third quarter at GHS 169M from GHS 111M over the same period last year.
11/05/2019
A number of financial institutions have been quick to capitalise on this trend and these are the organisations celebrated by World Finance’s Digital Banking Awards.
11/04/2019
The lenders are Access Bank, Zenith Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTbank), FBN Holdings, Ecobank Transnational Incorporated (ETI), Stanbic IBTC and Fidelity Bank.
11/04/2019
The Nigeria Stock Exchange (NSE)-listed lender is also eyeing East Africa’s nascent oil and gas sectors, counting on it its track record in financing upstream and downstream fuel projects.
11/04/2019
It said, “The upgrade now offers the best digitally-driven financial solutions that will make transactions simpler, faster, convenient and more secure.
11/04/2019
Launches self-printing debit card machine at flag-off of Trade Fair
11/01/2019
MCB Investment Management has been investing in pan-African local and hard currency corporate and government bonds since February 2014
10/31/2019
Union Bank recorded 49kobo as earnings per share as at the end of the third quarter of 2018
10/31/2019
“Savings deposits now accounts for about 22.3 per cent of total deposits, an attestation of our increasing market share in the retail segment,” he said
10/31/2019
Transnational’s ownership is associated with associates of former President Moi
10/31/2019
The institution plans to be present in 22 African countries, according to a presentation on its website. It currently operates in Sierra Leone, Gambia, Congo, Ghana, Nigeria, Rwanda and Congo.
10/31/2019
Struggling retailer Choppies is also said to have bought an eight-seater jet as part of its plans to make access to their branches easier and convenient.
10/29/2019
The reported figure is N109.4 billion which is higher than N96.3 billion reported during the comparable period last year.