04/27/2016
An audit report on 10 managers is also expected to be complete by today, as the bank reopens, as KCB moves to weed out those who were allegedly involved in Chase’s downfall.
04/22/2016
A bank's mobile money system should simplify transactions and save time.
04/22/2016
This paper understands that about 150 workers from each of the two banks will be affected.
04/21/2016
Published by CPI Financial, Africa Banker's awards come at a time when Tanzania's banking sector seems to be heading through the right direction, with profits increasing by 14 per cent in 2015.
04/20/2016
The Central Bank of Kenya said in a statement that an understanding had been reached with KCB on "modalities to reopen Chase Bank Ltd in the next few days and the eventual acquisition of a majority stake in the bank".
04/15/2016
The bank also scripts in its new campaign its contribution and impact on the nation’s hospitality industry.
04/15/2016
Oakbay is scrambling to restore banking relationships after all four major South African banks cut ties following allegations that the Guptas have undue political influence with President Jacob Zuma.
04/15/2016
As one of the bank’s handling large inflows of diaspora remittances, we were feeling the pressure to expand the capacity to handle surging volumes.
04/15/2016
Under the memorandum of understanding signed by the two banks, BCP is expected to keep a 20% stake in the future Banco Millennium Atlântico.
04/15/2016
Banking executives have scoffed at the amount of loans lent to directors of Chase Bank, the lender that collapsed last week.
04/15/2016
This loan facility will be insured through Old Mutual, and premiums will be factored in monthly instalments.
04/14/2016
The nation’s regulators were forced to step in with emergency support to stem depositor panic after the collapse last week of Chase Bank Kenya Ltd., the third lender to be placed under statutory management since August.
04/13/2016
Over three days, seventy of Standard Bank’s business banking clients from, Kenya, Tanzania, Uganda, Zambia, Malawi and South Africa will take advantage of networking opportunities in a guided and informative environment.
04/13/2016
Nedbank head of retail and business banking Ciko Thomas said Tuesday’s launch related to the first phase of the business registration process system.
04/12/2016
The bank will seek shareholder approval to issue bonds or preference shares this year and aims to raise 20 billion naira ($100 million) in the first tranche of a 50 billion naira bond programme.
04/12/2016
Shares in Oakbay Resources & Energy dropped 16 percent on Monday, falling sharply for a second straight session after the sudden resignations of its chairman and chief executive.
04/06/2016
The index – compiled by Lafferty Group, a global banking advisory firm – rated 100 quoted banks from 28 countries across the globe
04/06/2016
"Oakbay has received no reason whatsoever justifying FNB's actions.
04/01/2016
Confirmation of completion of restructuring
03/31/2016
First National Bank says it has officially launched a branch in Ghana after obtaining a Universal Banking license from the Bank of Ghana in 2015.