Managers of Wealth Africa

Diamond Bank fires 200 workers

Confirming the development in a statement on Tuesday, the lender said the sacking of the 200 workers was in line with its strategic plan to drive shareholders’ value.

StanChart launches mobile banking push in Africa as rivals retreat

The bank's strategy stands in contrast to European rivals who have beat a rapid retreat from Africa in recent years, stung by plunging commodities prices and weaknesses in African currencies.

Barclays get attractive bids for its African unit sale

“Barclays Plc got over 100 bids for the 12.2 per cent shareholding that was sold to the South African pension fund.

KCB to decide on buying Chase Bank by end of June

Oigara said that the due diligence will be done by an independent expert who will look at the legal, financial and credit assessment of the business.

FBNBank Ghana Launches Corporate Campaign

The launch is in demonstration of FBNBank Ghana’s commitment to become the Bank of choice for Ghanaians across the nation.

Diamond Bank sacks over 400 staff

The source said, “The first sign that made us notice something was going on was that many people could not log into their systems.

KCB and CBA take first steps to enter Somalia

Only six banks currently operate in Somalia,whose security situation has improved in recent years according to Ali.

Guaranty Trust Bank Kenya adds fingerprint authentication to mobile banking app

“Security in the era of mobile and digital banking is absolutely critical.

Union Bank’s transaction process times down 20%

We are also attracting new customers to the bank and growing our overall customer base which boosted our deposit book by 12 per cent in 2015.

I&M Wins Governance Award As Q1 Pre-Tax Profit Up By 13.26 Percent

The annual Banker Africa Awards are continent-wide programmes open to all banks and financial institutions in Africa.

Barclays Africa Group may change name after Barclays PLC exit

Barclays PLC plans to reduce its interest in Barclays Africa Group to a non-controlling stake in the next two to three years.

Segun Agbaje named African Banker of the Year

The prestigious accolade for Banker of the Year went to GTBank’s Managing Director/CEO

Imperial Bank owners use separate firm to start new bank

The KIDC reckons that DIB’s Kenyan arm is registered to Downstream Investments which is owned by nine companies, eight of which owned 100 per cent of Imperial Bank.

GT Bank’s Segun Agbaje named Banker of the Year

This award is very special to me, to the PIC, and my colleagues that work very hard to drive economic growth across the continent.

South Africa’s plans for its first ‘black bank’

Regulators must look carefully at the implications of Absa purchase

How Capitec Bank overcame SA’s high barriers to entry

The only successful new entrant into the local market has been Capitec.

Jaiz Bank gets national banking license

He noted that Jaiz Bank, which was established about three years ago, now operates 25 branches, a feat he attributed to hard work and transparency the bank had exhibited over the years.

Tanzania: NMB Scoops Best Retail Bank Award

The bank's capacity in offering a variety of loans and deployment of credit scan tool also contributed to the victory

Nedbank to buy major stake in Banco Unico

Nkuhlu said Nedbank wanted to consolidate its presence in east Africa and southern Africa.

Uganda: UBA Uganda to Be Capitalised to Boost Investment in Country

The bank incurred an after-tax loss of Shs4.3 billion in 2015, up from Shs4b in 2014.

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