04/13/2018
DTB Kenya Is Said to Emerge Winner to Acquire Imperial Bank
KDIC Chief Executive Officer Mohamud Ahmed Mohamud declined to confirm DTB’s selection, saying the sale process is still in progress.
Retail Banking
04/11/2018
Ecobank Group partners with MTN to deepen financial inclusion across Africa
MTN’s large subscriber base, comprehensive distribution, innovative digital products and drive for mobile financial services are being linked with Ecobank’s trail blazing digital banking products to provide instant bank accounts and remittanc
04/09/2018
Ecobank mobile app game changer
Ecobank’s strategic mission was built around using mobile banking to deliver innovative, efficient and cost-effective service.
04/05/2018
Mastercard Targets 100 Million African Clients by 2020
Prasad predicts that the demographic dividend of a large young and tech-savvy population will lead to many of these youth starting up businesses of their own
04/03/2018
Barclays Africa execs score another R156m for loyalty in selldown
Follows granting of R191m in awards in 2016
04/01/2018
Four banks generate N49 billion from maintenance charges in 2017
The four banks are Zenith Bank Plc, Guaranty Trust Bank Plc, Access Bank Plc and United Bank for Africa Plc.
03/30/2018
Mauritius bank acquires Kenya’s Chase Bank
The move to dispose the bank to SBM marked a milestone both for CBK, in ensuring that a bank staring death in the face was resuscitated, and for KCB, for being the first bank in Kenya to successfully rehabilitate a troubled financial institution.
03/28/2018
Gulf African bank introduces paperless banking system
Gulf African Bank has introduced a paperless banking technology that will keep paper out of the transaction equation as the bank seeks to fully automate its branches.
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.”
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