Managers of Wealth Africa

Five Ghanaian banks combine

The governor reassured clients of all five banks that “their deposits are safe”

Barclays Kenya sees costly splitting from UK parent

The bank, publicly traded on the Nairobi bourse, is yet to work out the costs of separation whose impact will be felt on its financial books in the next few years.

Mckinsey: Middle class’ll drive Africa’s retail banking growth

The mass market segment is important for banks because it is the fastest growing segment

Retail Banking: Taking a Cue from Dominican Republic’s Model

The Dominican Republic has achieved growth rates that rival those of the world’s most promising emerging markets.

Nigeria’s foreign commercial loans rise to $8.8bn

It also means Nigeria’s balance of payment will be unfavourable as more money will leave its economy than it is earning.

SA lender renews bid for additional stake in Stanbic

Standard Bank had earlier indicated it had applied to the Capital Markets Authority

Tunisia: NAIB Bank sees its profits decline 30% in 2017 to 2.8 million dollars

To this end, net banking income rose by 6% to reach $ 6.7 million against 6.3 million at the end of December 2016.

Barclays Bank Dynamic Currency Conversion a first for Botswana

It’s one of the many firsts by Barclays in Botswana to avail a similar International Shopping experience.

Nigeria’s First Bank redeems $300 mln Eurobond

It said the redemption had no impact on its capital ratios and that it had built up dollar liquidity over the past year.

FCMB Bank unveils new scheme in UK

The Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, was quoted as saying at the ceremony that the launch of the new proposition was as much a statement of substance as it was one of intent.

Billionaire Patrice Motsepe’s ARC to form South Africa’s first black-owned bank

It’s a great opportunity for us… This is the first one [black-owned bank]…

Ghana: Absa Group's Income Hits U.S.$2.3 Billion

Meanwhile Barclays Bank Ghana Limited has stated that the bank it has met the 400 million cedis minimum capital requirement.

Absa h1 profit down 4 percent

Headline earnings per share came in at 877.8 cents in the six months ended June compared with 917.3 cents a year earlier.

FBNH, Union Bank, Five Others Report N94.195bn Profit In Three Months

First City Monument Bank Group reported the most significant increase by percentage, with FBN Holdings reporting the lowest by percentage.

Access Bank facilitates $2.6bn trade for 25,000 customers

Trade is a key determinant of our much needed Foreign Direct Investment

Tanzania's Bank M taken over by central bank

“Continuation of the bank’s operations in the current liquidity conditions is detrimental to the interests of depositors and poses systemic risk to the stability of the financial system,” it said in a statement.

Morocco’s BMCE Bank of Africa plans to have presence in Shanghai

He added that BMCE wanted to deepen its presence in East African countries to become a bigger player, before expanding into new countries on the continent.

Fire causes panic at Ecobank headquarters

There was no loss of life as members of staff of Ecobank left the bank’s premises to a safe place

Lending at Union Bank to rise 10%

It shrank 9 percent in the first half compared to the end of 2017 because of the write offs

Diamond Bank records three million digital customers

Nigerian economy had continued to record improvements because of stable and higher-than-anticipated oil prices