Managers of Wealth Africa

FBNQuest Recognized for Outstanding Performance

The firm was recognised for its strong mutual funds’ performance over the last 12 month

Airtel Africa appoints JP Morgan, Citigroup, Absa, Barclays, 4 other global banks to work on IPO

The global banks are JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.

TymeBank quickly gains traction

We want to deliver digital banking services to South Africans

IFC backs Co-op Bank's digitisation with Sh244m

Expansion of digital banking services has allowed banks to close some of their brick-and-mortar branches and lay off staff

Rand Merchant Bank Nigeria wins Merchant Bank of the Year Award

RMB have over 15 years of transactional experience in Nigeria ranging from advisory roles on infrastructure projects, mergers and acquisitions to the funding of various transactions across multiple sectors.

StanChart nine month net profit rises to Sh6.3bn

Interest expenses rose marginally by two per cent to Sh5.76 billion, while operating expenses fell by 6.7 per cent to Sh12.4 billion largely due to lower provisions for bad loans.

Capitec targets business banking as Mercantile Bank acquisition approved

While the sale agreement remains to be signed by all parties involved and is subject to approval by the relevant South African regulatory bodies, Kumbier says the bank is looking forward to the next phase of its growth journey.

Absa's Retail Strategy Takes Shape to Knock Threat of New Banks

Lender mulls new tactics to retain clients and boost revenue

Barclays third quarter profit up 1.9pc to Sh5.4bn

The bank’s operating expenses increased by 8.3 per cent to Sh16.13 billion, offsetting a 5.5 per cent growth in operating income to Sh23.85 billion.

Fidelity Bank honoured with 3 awards

This endorses the hard work and success story of the Bank over the past 12 years as it supports its customers and most importantly helps Ghana build a resilient economy.”

Lower impairment loss provisions boost banks’ earnings

The lenders’ performance was clearly boosted by the lower impairment loss provisions that they made on their financial assets

FirstBank marks second anniversary for FirstGem

The bank has also supported over 8,000 women with finance to grow their businesses.

Fortunes of Nigeria’s banks tied to the oil price

About a third of all domestic commercial bank credit is extended to the oil and gas industry.

South Africa's Discovery launches 'behavioural bank'

The launch of Discovery Bank comes at a critical time in South Africa and is highly relevant in the context of our current technical recession.

Doha Bank forum highlights bilateral trade opportunities for Qatar, S Africa

Seetharaman noted that construction and supplies, security and logistics, and the food service sectors could be opportunities in Qatar.

Equity Named African SME Bank of the Year 2018

The SME Bank of the Year – Africa award validates Equity Bank’s commitment to be the champion of MSME banking through provision of flexible and integrated banking services to MSMEs.

Mergers, acquisitions’ rumours stoke Tier 2 banks concerns

Specifically, with most lenders grappling with weaker Capital Adequacy Ratios (CARs) and rising Non-Performing Loans (NPLs), the view among analysts during that period was that any M&A that happened then was likely to be market-driven especially given

Retail Banking