Managers of Wealth Africa

SA Post Office To Become A Fully Fledged Bank – CEO Mark Barnes

The poorest people in South Africa pay the highest unit costs of consumption.

Fidelity Bank records 20.5% profit surge in Q1

Similarly Fidelity Bank profits in the period, surged by 20.5% from N4.bn in 2016 to N4.8bn in 2017, just as it recorded growth in net interest income, deposits, loans and other performance indices.

Ecobank announces 15% increase in profit

Ecobank in its unaudited result and accounts to the Nigerian Stock Exchange (NSE) on Thursday, stated that profit before tax gained 11 per cent to N22.9 billion in Q1 2017 from N20.6 billion recorded in Q1 2016.

Standard Bank 1Q Net Profit +16%

Standard bank also said the group remains very liquid, appropriately funded and well capitalized

GTBank leads Nigerian banks In Lowest Cost-To-Income Ratio

The bank in 2016 announced 37 per cent increase in Profit before tax to N165.1 billion from N120.9 billion in 2015, the highest in the banking industry.

Zimbabwe bank sets record straight on rand adoption

The country would gain access to South Africa's capital markets while receiving instruction from Tshwane's monetary authorities.

Mozambican banking sector reports positive results in 2016

South African bank Nedbank, which had a 38.3% stake in Banco Único, started out with 50% plus one share of the bank.

Diamond Bank maintains stable growth in 2016 Business Year

The Bank’s retail customer count currently stands at more than 13 million.

Umb Records Impressive Results for 2016

The bank, according to Mr Awuah, had also invested heavily in its IT infrastructure

Which is SA’s best capitalised?

African Bank in strong capital position and stable

AfDB chief says bank will need capital increase soon, could look to markets

The bank will achieve even greater efficiency gains and value for money as we roll out our new development and business delivery model

The Mushrooming of Banks in Bolstering Saving Culture

The financial system is the artery of a nation's development.

Cairo-based African Export-Import Bank asks proposals for dollar bond

Banks submitted their responses on the proposed bond transaction last week.

SunTrust Bank records profit in first year operations

Deposits rose to N4.195 billion from N788.583 million in 2015

African Development Bank Group Vice President resigns

Dr Léautier’s decision to move on was for personal family reasons.

SunTrust Bank’s Profit Soars First Year as Commercial Bank

SunTrust Bank began commercial banking activities last with the vision to “offer high quality retail and commercial banking services in a modern and innovative manner”

Fidelity BankRecords Marked Reductions in Loan Loss

The full year audited results for the top Nigerian lender, released over the weekend at the Nigerian Stock Exchange (NSE), show a 3.5% growth in gross earning

South African tumult hinders Barclays' exit from continent

Who asked not to be named as they are not authorized to speak publicly, did not say when the deal might now take place.

Fidelity Bank’s gross earnings rose 3.5% in 2016 financial year

The bank’s management attributes the performance mainly to a growing confidence of its clients.

South African banks fall on S&P downgrade, rand weakness

We lowered our ratings on the financial institutions because we do not rate South African banks above the foreign currency sovereign credit ratings.

Retail Banking