05/10/2016
Kenya's Equity Group rules out acquisitions for now
After acquiring a lender in the Democratic Republic of Congo, Equity has already added a dozen new branches.
Retail Banking
05/10/2016
GTB, Ecobank Nominated For African Bankers Award
GTB was also nominated for the Best Retail Bank and the Innovation Bank of the year award while its, managing director and chief executive, Segun Agbaje was also nominated for the African Banker of the Year award.
05/09/2016
Zim operations intact — Barclays
The Barclays boss said net interest income for the period, at 24 percent, was also up from the 11 percent recorded prior comparable period.
05/09/2016
Absa snubs mine minister and won’t meet
No meetings had been scheduled between any of the group’s businesses and the committee, Moss said previously.
05/05/2016
Man Capital adjudged Best Non-Bank Finance House of the Year
Man Capital has a range of products from SME loans, Micro loans, Personal Loans, Innovative Savings products and also offers Fixed Term Deposit products.
05/05/2016
CBA, Post Bank in a deposit taking partnership
The partnership is aimed at increasing their clients’ access to services through Post Bank’s wide coverage
05/04/2016
Diamond Bank new technologies drive financial inclusion, N7bn profit in Q1
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05/04/2016
Millennium and Atlântico banks merged
The Banco Millennium Atlântico, resulting from the merger of Privado Atlântico and Millennium Angola banks, was launched on Tuesday in Luanda by the Chairman of the new Bank, Carlos Silva.
05/04/2016
UBA Plans Expansion Across 25 African Countries
We have done a lot but in many senses we are only beginning to reap the rewards of our network and potential.
05/02/2016
Diamond Bank optimistic amidst declining performance
Dozie outlined the outlook of the bank against the background of declines in performance in 2015 and first quarter 2016.
04/27/2016
Chase Bank opens its doors today after KCB steps in as the receiver manager
An audit report on 10 managers is also expected to be complete by today, as the bank reopens, as KCB moves to weed out those who were allegedly involved in Chase’s downfall.
04/22/2016
Zimbabwe: Financial Inclusion Is Not About Bank Accounts
A bank's mobile money system should simplify transactions and save time.
04/22/2016
GHANA: Massive layoffs to hit banks
This paper understands that about 150 workers from each of the two banks will be affected.
04/21/2016
East Africa: Banker Africa Lists Tanzanian Lenders for Top EA Honours
Published by CPI Financial, Africa Banker's awards come at a time when Tanzania's banking sector seems to be heading through the right direction, with profits increasing by 14 per cent in 2015.
04/20/2016
Kenya’s KCB Group to manage Chase Bank
The Central Bank of Kenya said in a statement that an understanding had been reached with KCB on "modalities to reopen Chase Bank Ltd in the next few days and the eventual acquisition of a majority stake in the bank".
04/15/2016
New campaign underscores Skye Bank’s exploits
The bank also scripts in its new campaign its contribution and impact on the nation’s hospitality industry.
04/15/2016
Ostracized South African firm Oakbay says bank has refused to meet
Oakbay is scrambling to restore banking relationships after all four major South African banks cut ties following allegations that the Guptas have undue political influence with President Jacob Zuma.
04/15/2016
New Cooperative Bank centre eyes Diaspora cash
As one of the bank’s handling large inflows of diaspora remittances, we were feeling the pressure to expand the capacity to handle surging volumes.
04/15/2016
Angola approves merger of banks Banco Millennium Angola and BancoPrivado Atlântico
Under the memorandum of understanding signed by the two banks, BCP is expected to keep a 20% stake in the future Banco Millennium Atlântico.
04/15/2016
Kenyan bankers censure Chase Bank management over insider loans
Banking executives have scoffed at the amount of loans lent to directors of Chase Bank, the lender that collapsed last week.