12/29/2016
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.
Retail Banking
12/23/2016
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.
12/22/2016
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.
12/22/2016
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
12/21/2016
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
12/21/2016
SSNIT acquires 10 percent of Access Bank
The remaining 15 percent belongs to a number of institutions and individuals.
12/21/2016
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.
12/20/2016
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.
12/20/2016
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.
12/19/2016
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.
12/19/2016
Bayport, C.F.C merger will grow company after approval- CEO
The merger which is yet to be approved by the Bank of Ghana will move the company from financial services company into a savings and loans company.
12/19/2016
Fidelity Bank wins Ghana Bank of the Year 2016
Experts specialised in different industries train the businesses listed in the academy.
12/19/2016
Qatar National Bank raises stake in Ecobank
The investment has earned Qatar National Bank the largest single shareholder in the pan-African lender.
12/19/2016
FirstBank chief advises corps members to be innovative
The process of executing it is the experiment; what you arrive at from the experiment is your conclusion and it can be positive or negative.
12/15/2016
Access Bank wins triple honours at EMEA Finance Banking Awards
We have reaffirmed our status as innovative industry pioneers equipped to help our customers take tomorrow today.
12/15/2016
UBA dominates at Global Banking awards in UK, wins in five categories
The UBA haul was one of the highest by any banking Group and a key highlight of the ceremony
12/14/2016
Absa freezes (most) fees
But – like its rivals – the cost of credit soars….
12/14/2016
Sterling Bank, others shine at 2016 Lafferty Global Awards
The awards showcase innovative services and products in retail banking, cards and payments and merchant services
12/14/2016
UBA dominates at Global Banking Awards in London, wins in 5 Categories
UBA won Bank of The Year 2016 in Gabon, Congo-Brazzaville, Senegal, Cameroon and Chad at the annual Bankers Award in London
12/14/2016
Bank of Africa inaugurates subsidiary in Rwanda
The Group chief executive officer, Amine Bouabid, says the firm transformed into a commercial bank after acquiring a controlling stake and getting approvals from the central bank.