Managers of Wealth Africa

Dubai Islamic Bank kicks out Imperial bosses in buyout deal

The Islamic lender had formed a partnership with Imperial Bank, which held a 24.9 per cent stake in the Kenyan subsidiary through Downstream Investments

Old Mutual Ghana Enters Into Partnership With Ghana Home Loans

He emphasized the partnership is founded on and strengthened by the fact that, both institutions share similar corporate values

UBA subsidiaries contribute 30% of total deposit base in Q2

According to him, overall, the African business (excluding Nigeria) contributed a quarter of profit in the period, with a stronger outlook.

Client wants NBK’s Islamic banking shut in Sh3.7bn row

Client wants the court to order the Central Bank of Kenya to shut down the lender’s Islamic Banking wing

Standard Bank Namibia grows profit after tax by 8.2%

The latest results also indicated that total income grew by 9.8 percent.

Consolidated Bank net loss hits Sh72 million

Loans and advances to customers increased slightly by 3.5 per cent

StanChart in new drive to grow market share in Africa

Standard Chartered operates across in 38 African economies, 16 on a full-presence and 22 on a transactional basis.

A strong East African business strategy pays benefits

The acquisition of Fina Bank, which had an East African footprint with presence in Kenya, Rwanda and Uganda, gave GTBank entry to the East African region as it allowed us set up shop in three countries at the same time.

Stanbic Bank swoops five awards at 2016 Ghana Banking Awards

“These awards go a long way to entrench Stanbic’s position as a great force to reckon with in the Ghanaian Banking industry,” he said.

Banks should prepare for bigger Businesses- Albert Essien

According to Essien, banks need to do their own stress testing and capitalise themselves to be able to withstand shocks and prepare for bigger businesses.

Fidelity Bank wins 15th Edition of Ghana Banking Awards

Ahead of 27 other banks

Frank Adu Jnr, others honored at 15th Edition of Ghana Banking Awards

The personalities were honored due to various contributions they have made to transform Ghana’s banking industry.

Exim Bank Tanzania Assets Top U.S.$3 Billion

Exim Bank Tanzania now holds 58.60% stake in the newly formed entity - Exim Bank Uganda Limited.

United Bank For Africa reports HY profit before tax 40.27 bln naira

Board of directors have proposed an interim dividend of 0.20 niara per share

One of Kenya's big bank suspends unsecured loans after Uhuru signed new law

Though not confirmed, the memo appears to have been done by a senior manager at Commercial bank of Africa.

Banks must consider mergers and acquisitions - CIB

However, Mr. Mettle argues that the current situation the central bank faces with some banks makes it reasonable for the capital requirement to be increased.

Ethiopia: CBE Boasts Positive Fiscal Performance

Despite the growth in profits being impressive, the rate is far below its five-year average of 41pc

Amenfiman Rural Bank Receives Two Global Excellence Awards

Both received a citation and a certificate as Excellent World Business Person.

Botswana Savings Bank implements CR2’s BankWorld ATM

This is a clear demonstration that BSB is not only moving at speed in embracing digital banking but is constantly working at exceeding customer expectations by launching new products.

Banks defy CBN’s order on dollar sales to BDCs

We also want the CBN to licence more International Money Transfer Operators to deepen the market.

Retail Banking