03/27/2018
Capitec growth steers it closer to 10 million customer mark
“The simplicity of our product, process and service experience has stood the test of time.”
Retail Banking
03/22/2018
Steward Bank selects NetGuardians to strengthen cyber-fraud defences
NetGuardians’ financial-crime solution allows Steward Bank to continuously monitor in real time all transactions across all its channels, including ebanking, and mbanking.
03/21/2018
Uganda: Bank of India Could Exit Ugandan Market
The Asian lender has a market share of less than four per cent.
03/20/2018
Diamond Bank targets 1m new accounts
Diamond Bank, in partnership with Women’s World Banking with support from Financial Sector Deepening Africa (FSD Africa) funded by United Kingdom government, worked with Gamsole, Commonwealth (formerly D2D Fund) and Microsoft to open the new window
03/20/2018
Nedbank seeks to fund private sector
The financial institution, formerly MBCA Bank, seeks to become one of the top tier banks in the country and this will be driven by its quest to fund the private sector and the emerging small to medium enterprises sector.
03/19/2018
United Bank for Africa and Nexttel partner to launch mobile money service in Cameroon
United Bank for Africa and Nexttel partner to launch mobile money service in Cameroon Monday 19 March 2018 | 10:49 CET | News The United Bank for Africa (UBA) has partnered with Viettel's subsidiary in Cameroon, Nexttel, to launch mobile money servic
03/19/2018
There’s no such things as a guaranteed quick investment
At the point where there are more existing investors than new investors, the scheme collapses and all monies invested, are lost.
03/12/2018
South African lender set to dominate Nigerian banking sector
The planned entry which was made public last week by Barclays Africa group has been described by industry watchers as a welcome development.
03/08/2018
Kenya: HF Signs Sh1.5 Billion Credit Facility With Arab Bank
The Arab Bank for Economic Development in Africa Director General Sidi Ould says the new credit line, which is as part of the firm's program for financing private sector operations.
03/08/2018
BoG dismisses uniBank takeover of adb
The Central Bank approved the sale of the two banks after they were found to be financially distressed, but it has denied authorising the takeover of adb.
03/08/2018
Standard Bank’s earnings growth puts it in first place among big four
Standard Bank grew its total income by 5.2% to R128bn and its attributable profit by 18% to R26bn.
03/06/2018
National Bank Kenya Considering Branch Closures to Cut Costs
Banks have closed at least 39 branches and cut 1,620 jobs since the caps were announced in August 2016
03/02/2018
Barclays Africa lifts profit, looks to Nigeria for growth
Reports profit up 3.9 pct and net interest income up 1 pct
02/26/2018
Access Bank wins Euromoney’s award
The Award is given to honour firms that have proven to be leading providers of exceptional commercial banking services and have also shown outstanding contribution to the banking sector.
02/22/2018
Access Bank Ghana Ranks as 2017 Most Influential Bank on Social Media
Following keenly is debutant, Beige Bank whose accounts are mainly reserved for banking purposes and maintains the highest number of following by a bank across Social Media in Ghana.
02/20/2018
Capitec CEO says bank `back to normal' after Viceroy target
It went from a small unsecured lender in the Stellenbosch winelands into the country’s second-biggest retail bank.
02/16/2018
Stanbic Bank targets firms with e-Biller
The system will process invoices and generate payment instructions for firms, working as an efficient alternative for billing, reconciliation, and payment.
02/14/2018
Stepping up a gear: Ecobank fintech boosts financial inclusion in Africa
The Africa Tech summit takes place on 14 and 15 February in Kigali, Rwanda
02/14/2018
Senegalese Multi-Millionaire Abdoulaye Diao Launches Commercial Bank
Senegalese multi-millionaire oilman Abdoulaye Diao has founded Bustard, a new commercial bank serving the West African country.
02/09/2018
Standard Bank launches branch dedicated to Chinese business community
The full-service dedicated branch was opened at an event at Crown Mines in Johannesburg.