Managers of Wealth Africa

One year of Capital Bank’s Africa Journey

As Capital Bank marks the first year of its African journey, the bank has raised its profile within the Ghanaian banking sector

African Bank flourishing as it posts surprise profit

The revitalised, recapitalised company is on the front foot.

Africa’s custodians actively developing domestic capital markets

At the same time the regulatory complexity of local and international markets has also increased and has influenced the role of the custodian in the local markets.

The Rising Threat to Retail Bank Lending

Retail banking, also known as consumer banking, is the typical mass-market banking in which individual customers use local branches of larger commercial banks for their banking needs.

Standard Bank looks to remain the go-to bank in Africa

Standard Bank wins Best Bank for the South African Rand and African Currencies at the 2016 FX Week Awards

Nedbank spends over R400k on Africa’s first interactive ATM

Self-service banking unlikely to cause teller job losses, bank to continue investing in online and branch based platforms.

DPP Tobiko wants 28 banks probed over NYS billions

Evidence before the committee clearly shows most if not all of the payments originated from accounts held by the Ministry of Devolution and Planning at the Central Bank of Kenya.

Nedbank launches new ‘interactive’ ATM

It allows card-less deposits and withdrawals exceeding conventional ATM limits and enables clients to interact with a video Teller while transacting.

Savvy salesperson scoops award

Joewayne is not only adding up figures as his job as a sales consultant for African Bank but also adding numerous achievements to his name

Mauritius group plans to acquire Fidelity Bank

The group said it will pump Sh1.46 billion additional capital into Fidelity once the deal in sealed.

National Bank of Fujairah recognised with ‘Banker’s Choice Award’ at The Asian Banker Middle East and Africa Regional Awards 2016

The accolade is an endorsement of NBF’s longstanding record in adding value to its clients’ businesses.

Mauritian firm set for Kenya entry with Fidelity Bank buy

Fidelity began its operations as a nonbank financial institution in 1992 before changing to a commercial bank in 1996.

Ghana Post to venture into banking next year

It would also help in job creation in the rural areas as it would boost business because the company would provide financial assistance to the beneficiary communities.

Access Bank Plc - Key Takeaways from Investor Conference

No gainsaying, the challenges that have clouded 2016 so far will likely remain the key theme across the banking sector in 2017.

Ecobank unveils digital products for convenient banking in Ghana

The power of digital banking has the potential to unlock enormous lifestyle, business and other financial opportunities across Africa.

Fraudulent UnionPay bank cards used to steal $9.1 million from Tokyo ATMs

UnionPay cards feature a magnetic strip and an IC chip that is difficult to forge

Mozambique: Business Chief Rails Against Bank of Mozambique

As for Moza Banco, it is still trading.

Standard Chartered to lay off 300 as bank moves shared services to India

The move will directly affect close to 300 employees who work at the centre.

Cooperative Bank records Sh15.2 billion profit before tax

The Bank’s regional expansion strategy will involve similar Joint Venture models in other countries notably Rwanda, Uganda, Tanzania and Ethiopia in the next 5 years.

Kenya: Lender Shifts Attention to Farmers

The small-sized lender, which controls only 0.1 per cent of the loan accounts and 0.3 per cent of the total deposits in the banking sector.

Retail Banking