Managers of Wealth Africa

Ecobank boss bemoans neglect of local solutions

Mr. Adjei noted that there are so many things Africans can do for the continent if only governments and institutions remain committed to implementing those ideas

Retail banks must blend technology with touch

Among the six key strengths of bionic retail banks, BCG lists clear vision, customer-centricity, technology and operational excellence

CEO Explains Why FCMB’s Corporate Identity Was Changed

The Group Managing Director/Chief Executive, First City Monument Bank (FCMB) Limited, Mr. Ladi Balogun has explained that the rebranding of the bank’s corporate identify was to project the vibrant state of the company

Ziraat Bank to open branch in Ethiopia: Turkey

Turkish state lender poised to open first foreign-owned bank branch in African state

Standard Bank aims for growth in Africa

Standard Bank is working on growing headline earnings in its personal and business banking division in the rest of Africa to just more than a R1bn in the next three years

Skye Bank partners IFC on SME business

SKYE Bank Plc may have gone into a consultancy partnership with the International Finance Corporation, to evolve an effective lending framework for Micro, Small and Medium Enterprises.

Atlas Mara to extend reach into Rwandan banking

Atlas Mara, the Africa-focused financial services vehicle spearheaded by former Barclays chief executive Bob Diamond, is venturing further into Rwanda

Bank of Africa Ghana launches moneygram

Bank of Africa Ghana has launched MoneyGram in Accra to begin services in its various outlets across the country.

Kenya’s state-owned bank is closing in on a merger, but its CEO is not aware

NBK had last year revealed that its rights issue will hold this quarter

Ecobank still Burkina Faso’s leading bank

With more than 250,000 customers and 77 counters, Ecobank is the most extensive bank in Burkina Faso since it was set up in 1996.

Africa: Republic Bank to settle it headquarter in Accra

Republic Bank Ltd has informed the Ghanaian financial press that its offer to acquire a majority stake of 50.1% in the month in House Finance Company Bank should result favorably by May 7th, 2015, in light of the interest that brought the shareholders at

Kenya: Banks Spend Sh5 Billion to Lay Off 900 Staff in Three Years

National Bank of Kenya and Co-operative Bank (Co-op) had the highest cost to Income ratios in the industry

The Realities In Nigeria's Retail Banking

Nigerian banks today face up to the new reality that is a lower capital adequacy ratio. Are we likely to see banks raising equity in 2015?

Republic Bank says HFC takeover bid likely to succeed

The Bank said its hope is based on significant positive investor feedback on the offer.

Capitec wants 25% of the market by 2020

Known historically as an unsecured lender, Capitec has consistently reduced the number of loans it’s granted annually since 2012

Nedbank expanding African presence

Banking group Nedbank is looking to take a controlling stake in Mozambique’s Banco Unico next year and is eyeing two or three acquisitions in Southern and East Africa

Nigeria’s First Bank opens branch in Sierra Leone

The expansion represents FirstBank’s strategic objective to maintain significant market share

Namibia: Standard Bank Launches New Account

The interest rate of the new fixed access account is fixed for the full period of the client's investment.

Ecobank Ghana consolidates top spot

The third biggest, Standard Chartered Bank (SCB), also closed the year with GH¢3,506,297 billion

Guaranty Bank & Trust Expands into DFW market with Acquisition of Preston State Bank

The completion of this merger transaction with DCB adds approximately $127 million in total assets