09/29/2016
SA banks find mobile money formula
However, local telecommunication service providers have tried their luck with mobile money services with little or no luck.
Retail Banking
09/28/2016
BoG warns of blacklisting banks over electronic fraud
The associated risk could be enormous and I wish to urge banks to step up their risk assessment to curtail the surge.
09/27/2016
GHIB to expand operations to East Africa
This is relatively new markets that we are entering.
09/26/2016
Equity Bank tops as mortgage lender in Tanzanian market
The success of the Nairobi-based lenders is attributed to development of mortgage financing products in Kenya.
09/26/2016
Algeria plans bank privatizations as oil money dries up
French companies such as Societe Generale and BNP Paribas have the strongest presence among foreign-owned banks already working in the country.
09/26/2016
CBZ Bank divisional director declared Chartered Secretary of the Year
Dr Musamba added that Mrs Dingani had also overseen a number of landmark achievements as evidenced by the various awards she has won.
09/26/2016
Building the Bidvest Bank brand
Founded in 2007 when Bidvest-owned company, Rennies Foreign Exchange, rebranded itself to leverage off the Bidvest brand, it began its life as a forex bank
09/22/2016
Kenya central bank: cap on rates may hit commercial bank lending
Those risky borrowers who are at the margins may be cut off from borrowing.
09/22/2016
Standard Chartered opens first of 10 more Lagos branches
As part of Standard Chartered’s ‘Here for Africa’ campaign, the bank is focusing on one of Africa’s biggest cities.
09/22/2016
HomeSend and the Commercial Bank of Ethiopia team on remittances
Consumers can send money to and from mobile money accounts, payment cards, bank accounts or cash outlets, regardless of their location or that of the recipient.
09/21/2016
Kenya central bank cuts main lending rate to 10.0 pct
The consensus forecast of 12 economists and analysts by Reuters was for a hold decision.
09/20/2016
Banks to close branches as recession bites hard
They are not generating enough income.
09/16/2016
Selfie banking in South Africa not far away
Nedbank said it has had demos of this technology (facial recognition) but noted that ‘it is not on our immediate roadmap’.
09/16/2016
Despite economic environment, SA’s big four banks are coining it
The banks posted combined headline earnings of R34.6 billion – up by 5.7% compared to the same period in 2015.
09/16/2016
FirstBank named Nigeria’s Most Customer Friendly Bank
These announcements were made by the Award Committee at this year’s Business Day Annual Banking Awards, which held in Lagos
09/15/2016
SA banks deliver more shareholder value than foreign peers
Consulting firms weigh in on major banks’ financial results.
09/14/2016
Harvest of Accolades for FBN Holdings at BusinessDay 2016 banking awards
It is to recognise competition and innovation in one of the fastest growing and fierce markets with fierce competition.
09/14/2016
Kenyatta banks beats rivals,lowers interest to all time low
Rival banks such as Barclays and Co-op are pricing their interest rates at 14.5%, aving dropped from the highs of 20%+.
09/13/2016
Access Bank bags best Bank award, Wigwe best CEO
It would be recalled that the Bank had earlier won Euromoney’s Best Bank Transformation Award in the Euromoney 2016 Awards for Excellence.
09/12/2016
8 banks on the verge of collapse – Bawumia
The central Bank earlier admitted the growing spate of nonperforming loans on the books of banks is the key risk facing the banking sector.