Managers of Wealth Africa

Kenyan bank eyes representative office in China

The proposed Beijing office will not undertake any banking activities but will seek to provide a platform for Chinese investors who want to establish presence in Kenya, he said.

Victoria Bank gets Sh1bn funding

Through its four branches in Nairobi, Victoria Commercial, which commenced its operations in 1987, targets small and medium-sized enterprises, reached more than 800 borrowers and around 2,300 depositors in 2018.

KCB Group First-Half Profit Jumps 5% on Higher Interest Income

That matched estimates by African Alliance Securities Kenya.

African Bank’s MyWorld account offers shared banking to South Africans

MyWorld meets family and community banking needs

Old Mutual partners TNM Mpamba on premium payment

Mphatso said the new service represents an extension of the partnership between TNM Mpamba and Old Mutual dating back to 2016

Absa's push to regain its former market reaps rewards

The group reported that its largest division, Retail and Business Banking South Africa (RBB SA) was showing faster than average market growth in key product areas

Absa’s Renewed Retail-Banking Push Pays Off as Profit Rises 5.4%

The improvement at its retail and business banking unit and its operations in 12 other African nations helped offset a drop in profit at its domestic corporate and investment bank.

Absa’s renewed retail-banking push pays off as profit rises 5.4%

Absa’s retail banking operations account for more than 60% of its earnings.

Absa denies donating money to CR17 campaign for ANC presidency

Today we contacted Mzilikazi wa Afrika, one of the authors of the article, who confirmed to us that 'Absa Nation Building' was a transaction reference by third parties, not an entity.

Standard Bank posts 6% increase in earnings

High growth from initiatives in the rest of Africa brings joy, and hope for even more

New TymeBank chief wants a share of SA’s lending market

New TymeBank CEO Tauriq Keraan wants the new digital bank to diversify into personal and business lending, a market dominated by Capitec and the other big three banks. It’s a step away from TymeBank’s core transactional banking business.

Standard Bank Group's expansion across Africa pays off well

African-focused strategy has delivered continued headline earnings growth

Kenyan bank stepping up investment in South Sudan

To this end KCB has started reopening 12 of its 23 branches that were closed during the civil war as well as opening a new branch this year.

New bank offering digital financial tools opens in Seychelles

SBM offers retail, personal and corporate banking and anyone who wants to transact with the bank can do so right away after opening an account.

Africa’s Biggest Bank Is Getting More Bang for Its Buck From Staff

South African bank has been focusing on cutting its expenses

Barclays tops 2019 Ghana Banking Sector League

The 2019 Edition which was themed “A Recapitalized Banking Sector – A New Breeze for Value Creation” is the second edition for CUUFIS following the successful maiden report published in 2018.

Ghana: CBG Posts Profit Less Than a Year in Operation

These banks had liquidity challenges and the Bank of Ghana opted to revoke the licences of the said banks. CBG was established to salvage depositors' funds and to manage the aftermath of the banking sector shake-up.

Bawumia launches 'world's first' dual-purposed finance card

According to officials of GhIPPS, the card has been designed to give cardholders access to both funds on their e-zwich cards and in their bank accounts at the same time

Standard Bank first-half profit rises 4%

Operations in rest of Africa help compensate for slower economic growth in SA.

Absa - A world of possibilities as an independent, African bank

Absa has been one of the “big five banks” in South Africa for more than 30 years

Retail Banking