10/26/2016
Discovery granted retail banking go-ahead in South Africa
Discovery announced its intention to establish a new bank in South Africa in late 2015, following an acquisition of the credit card unit of FirstRand Bank.
Retail Banking
10/25/2016
GTBank records high operating expense in nine-month report
The bank’s Profit Before Tax also rose from N92.06 billion to N140.84 billion, an increase of 53 per cent.
10/25/2016
Tough times for banks’ staff as lenders cut costs
Sidian Bank retrenchment will not necessarily result in lower staff costs
10/24/2016
Kenya Commercial Bank has dismissed claims of an alleged data breach
The alleged customer data breach has been found to be false
10/24/2016
S African bank FirstRand scales down India retail operations
The bank announced that a strategic review had shown that although the medium-term operations had been limited by India's regulatory environment.
10/21/2016
FirstRand Bank to shut retail, SME lending operations in India
FirstRand Bank to continue its operations in corporate lending and investment banking in India
10/21/2016
FirstBanC is Investment Bank of the year 2015
FirstBanC Financial Services won five awards, sweeping the coveted Investment Bank of the year
10/21/2016
Mitsubishi UFJ said to weigh adding bank offices in Africa push
Expanding the office network may help the bank to gather the information it needs to support Japanese companies operating in Africa.
10/20/2016
Morocco buys stake in Rwandan bank
Morocco’s increased strategic expansion in Sub-Saharan Africa after decades of estrangement with the region
10/19/2016
UBA leverages pan-African platform to grow market share
The Group CFO, Ugo Nwaghodoh, assured that the bank would continue to balance its appetite for growth and profitability with the strategy of sustaining strong liquidity and capital ratios.
10/19/2016
FNB acquires Pointbreak and EBank
FNB said the acquisition of Pointbreak will enhance the investment know-how
10/17/2016
Equity Bank launches digital banking solutions
Everything you do at the bank is now on EazzyApp.
10/17/2016
Zenith Bank believes in Innovative products and services
He commended customers for their loyalty and unflinching support in doing business with the Bank over the years.
10/17/2016
Attijariwafa Bank Elected Best Moroccan Bank in 2016
Criteria for choosing the winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.
10/17/2016
New MIT Sloan Management Review Case: South Africa's Nedbank Relies on Big Data and Advanced Analytics to Expand and Diversify Its Deposit Base
Nedbank's merchant clients can in turn view and use their consumers' transaction histories to improve product development, inventory management, and set staffing levels.
10/17/2016
Banks’ fee income soars
Retail banks’ non-interest revenue grows 41% since 2010
10/17/2016
Access bank launches initial public offer (ipo) of shares
Access Bank hopes to raise a minimum amount of GHs104 million to support its growth and expansion strategies when the offer opens from 19th October to 11th November, 2016.
10/16/2016
Commercial Bank of Africa targets growth in SME market
CBA has had a long and successful track record within the Corporate and Retail market segments
10/14/2016
First Merchant Bank receives Best Transactional Bank award
The bank is moving away from the traditional brick and mortar banking, encouraging customers to adopt channels such as electronic banking, mobile banking, point of sale devices and ATMs.
10/14/2016
Capital Bank launches Labone Branch
The inauguration of the Labone Branch forms part of commitments to enlarge its branch network