12/31/2018
Banks frustrating growth of e-payments, say customers
There is also Card Maintenance Fee and VAT, among others. But these are still not the worries for customers.
Retail Banking
12/31/2018
First National Bank likely to take over GHL Bank
First National Bank recently announced that it had met the new minimum capital requirement of ¢400 million, following some capital injection from its parent bank in South Africa.
12/28/2018
Pre-Merger Conditionalities: Diamond Bank effects Board reconstitution
Other condition necessary for the consummation of the Merger include a court ordered meeting of shareholders of the bank
12/28/2018
Kenya considers fresh options to revive National Bank as plans for riskier loan falter
The loan proposal has been in the pipeline since 2016.
12/23/2018
Nedbank ‘to reverse’odd-lot share acquisition
He questioned why he had to fill in forms to confirm he wanted to retain ownership of his Nedbank shares when these shares belonged to him and wanted Nedbank to “reverse this illegal sale”.
12/23/2018
Standard Bank manager accused of collusion in bitter liquidation dispute
Dunn stated that Gouws’s actions showed that he was grossly incompetent and/or grossly negligent or constitute corruption.
12/21/2018
Government requires Commercial Bank to achieve a XAF2.6-billion result in 2020 to open capital to private investors
Expected profit is XAF1.803 billion for 2018, XAF2.110 billion in 2019 and XAF2.603 billion in 2020.
12/20/2018
Access Bank sets to raise $250m Tier 11 capital in 2019
Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019.
12/20/2018
GTBank ends the year on the high
Adeniyi said their main goal is to satisfy their customers and their business and they offer numerous banking products in order to fulfill their needs.
12/20/2018
Nigeria’s Access Bank to acquire rival
The takeover would swell Acess’ assets to about US$17 billion and the combined entity would have the largest number of retail customers in Africa
12/20/2018
Analysts say Zenith Bank Delivers on Performance
This resulted from a significant decline in cost of deposits (cost of interest-bearing liabilities moderated to 3.49% from 5.57%).
12/19/2018
South Africa's Nedbank shares fall on Ecobank inquiry report
A slide in commodity prices and unfavourable currency swings had already left Ecobank struggling in Nigeria
12/19/2018
Why we are merging with Access Bank - Diamond Bank
Diamond Bank believes the merger and acquisition is in the best interest of all stakeholders including, employees, customers, depositors and shareholders.
12/18/2018
How SA's new banks are shaking up the market to benefit customers
Heightened competition is also coming to the business banking market.
12/18/2018
Mixed reactions trail Diamond Bank merger with Access Bank Plc
Diamond Bank's recent merger with Access Bank Plc is now a recipe for heated discussion and mixed reactions among shareholders in Nigeria
12/17/2018
Acquisition of Diamond Bank by Access Bank sealed, awaiting regulatory approval
In a similar development, Business Insider Sub-Saharan Africa reported last month that the two commercial banks are in talks over merger and acquisition deal.
12/17/2018
Bank of Ghana Raises No Objection To First Atlantic, Energy Commercial Bank Merger Talks
The two banks are entering into this “marriage” after Energy Commercial Bank failed to raise the targeted amount of ¢ 340 million to help meet the new minimum capital requirement of ¢400 million.
12/14/2018
Bank gives quarterly grant to customers
The system runs through all our customer’s accounts nationwide and picks randomly.
12/13/2018
African Bank rises from the ashes
The number of depositors has trebled in two years and transactional banking is now on the horizon
12/13/2018
Rwanda banks report mixed results in 2018
According to the results, almost half of the commercial banks’ profits were generated by Bank of Kigali