Managers of Wealth Africa

Board of troubled Fidelity Bank approves Mauritian group takeover bid

Fidelity has been looking to sell an equity stake to a strategic investor in order to bolster its capital base.

Union Bank unveils three ultra-modern branches in Lagos

Union Bank continues to reaffirm its commitment towards providing world class facilities that best suit its customers’ banking needs.

Stanbic assures customers of highest protection

Our systems are strong that is why we were able to detect the fraud in the first place

Diamond, Fidelity, Sterling banks removed from NSE 30 index

The stocks are selected based on their market capitalization from the most liquid sectors.

UBA empowers MSMEs with Masterpass QR Payment

Innovative, an integrated Fintech company and Nigeria’s leading Agent Network Manager will support with technical development

‘How brand strategy is working for Access Bank’

Thus today, the bank offer a full service commercial banking, operating through a network of about 305 branches and service outlets located in major centres across Nigeria, Sub Saharan Africa and the United Kingdom.

Union Bank’s Simpler, Smarter Way To Bank

Elite Banking fits the profile of the upwardly mobile and growing middle-class in the country

Another Kenyan bank set to enter local financial market

Following the licensing and clearance, the bank is likely to begin operations in 2017, further increasing the number of financial sector players in the country.

Kenya’s Commercial Bank of Africa eyes Rwanda

Commercial Bank of Africa Ltd (CBA) is the largest privately owned bank in East Africa and has been operating for over 50 years.

Choice Microfinance Bank in drive to raise Sh60 million for expansion

The institution was started by a group of Kenyans living in the US and seeks to facilitate investment of diaspora funds into small and medium size enterprises (SMEs) in the marginalised areas of Kenya.

Ethiopia: Plunging Profits At Cooperative Bank Raise Alarm

The bank has been criticized over its practices of opening letters of credit (LC), without having sufficient foreign currency at hand to be paid to overseas clients of importers.

Access Bank lists on Ghana Stock Exchange

Mr. Ogundimu said the additional capital would allow the Bank to invest in infrastructure, branch expansion and technology.

African Bank posts R491mln year-end profits

But headline earnings were down to 34 cents per share for 2016 compared to 85.7 cents for 2015.

Fountain Group sells two thirds of shares in Nyachae bank

FEP last year invested Sh107 million in return for a five per cent stake (669,737 shares) in Credit Bank

Skye Bank Said To Sell Units Outside Nigeria To Bolster Cash

The lender is seeking to drop its international banking licenses so it no longer needs to have a capital adequacy ratio of 15 percent

SSNIT acquires 10 percent of Access Bank

The remaining 15 percent belongs to a number of institutions and individuals.

AccessBank to increase capital

AccessBank was founded in 2002 by organizations such as the Black Sea Trade and Development Bank, EBRD, IFC, KfW, a German consulting company LFS Financial Systems (LFS) and AccessHolding.

Access Bank to list on Ghana Stock Exchange

A total of 1,820 applications were received from qualifying applicants subscribing for a total of 7,404,575 shares to raise GHS 29.62milliom.

Uganda: Six Banks Bid to Buy Crane Bank

The bidding banks are all African-owned except Aethel Partners, an investment and advisory vehicle that owns European Bank-Banco Efisa, a European bank they acquired in 2015.

Stanbic wins best Botswana bank award

The Banker Magazine, the world’s longest running international banking title, named Stanbic Bank “Botswana’s Bank of the Year 2016”, at a recent gala awards dinner hosted in London.

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