10/17/2018
These are the best and worst ‘premium’ bank accounts in South Africa
According to Solidarity, the profiles are based on guidelines consistent with fee-saving guidelines published by the banks
Retail Banking
10/17/2018
FirstBank Named Best Bank in Nigeria At The Global Finance World’s Best Banks 2018
With some 14 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 750 business locations.
10/17/2018
Commercial Bank of Ethiopia modernises payments infrastructure with ACI Worldwide
“Our millions of customers are our top priority, and during this financially transformative time in our country, we’re excited to work with ACI on accomplishing this milestone,”
10/12/2018
Africa’s banks must bank on women
Offering gender-sensitive products would boost incomes and growth
10/11/2018
How Capitec Became South Africa’s Biggest Bank
It has now become the largest bank in the country
10/08/2018
Ghana banks’ profits rebound after clean-up
Banks in Ghana will probably report higher earnings in 2019 after the country’s regulator embarked on a clean-up of the industry and economic growth accelerates, according to Moody’s Investors Service.
10/08/2018
Barclays Bank Zimbabwe To Be Called First Capital Bank, Effective From Next Week
The new name of the Company shall be effective from 8 October 2018 on the Zimbabwe Stock Exchange. Following the change of name, the abbreviated name of the Company shall be FCAZW.
10/07/2018
South Africa banking: start-up shake-up
Many of those firms would like to grow like Capitec. It gave South Africa’s well-entrenched major banks a wake-up call by disrupting their long-held oligopoly as a leaner, meaner and faster-growing operation.
10/05/2018
I&M inks Sh4 billion loan deal with Dutch lender
While announcing the long-term funding, FMO said the facility would uplift I&M Bank’s lending to the small enterprises.
10/05/2018
Coronation Merchant Bank Named Best Investment Bank In Nigeria
The bank has established itself as a dominant player, sitting at the very top of the investment banking industry in its native Nigeria.
10/04/2018
CBK receives binding offer for Imperial Bank takeover from KCB
Imperial Bank Limited was placed under receivership in October 2015 with KDIC assuming control of the assets, liabilities, business and affairs of the bank.
10/04/2018
KCB commits to take over Imperial Bank
CBK and KDIC did not however reveal details of the offer
10/01/2018
Access Bank CEO lists gains of technology in banking
Africa is experiencing a massive growth in wider access to and adoption of technology, especially in improving businesses processes and lifestyle as well as optimum use of resources.
10/01/2018
SA Institutions back Dutch class action against Steinhoff
They are informing their clients that they have concluded that the ‘class action’ case being run in the Netherlands by the Dutch law firm BarentsKrans, is their preferred legal route.
10/01/2018
Nowhere to hide dirty money as Big Brother steps up bank surveillance
A document seen by the Sunday Standard gives a glimpse into just how deep the operation has gone, in what has seen commercial banks set up huge departments to cope with the increasing demands.
10/01/2018
How Coronation Merchant Bank is contributing to Nigeria’s investment banking renaissance
After a damaging recession in 2016, Nigeria’s investment banks have bounced back with renewed vigour, as new regulations and technology continue to create fresh opportunities
10/01/2018
VBS depositors want Nedbank kicked out
This was after it emerged that the bank’s executives and influential public and political figures looted the bank of millions through a complex spree that included massive loans to friends and relatives.
09/30/2018
Morocco's BMCE Bank posts 12.7% fall in first-half net profit
Bad loans increased 4.2 percent to 7.9 billion dirhams in the first half
09/30/2018
Access Bank and Microsoft partner to improve banking security in Africa
This was announced at a meeting between the Bank’s Group Managing Director, Herbert Wigwe and Microsoft Chief Executive Officer, Satya Nadella in Seattle, United States of America on Thursday, September 27, 2018.
09/30/2018
Diamond Bank boss calls for enlightenment to boost trust in e-payment
For instance, in Nigeria, the Nigeria Interbank Settlement System (NIBSS) recently launched the Mcash, a USSD product that can be used on any platform.