03/30/2016
As banks cut branches, ATM growth stalls
Those transactions that still need some form of physical interaction, primarily anything involving cash, have been effectively handed over to ATMs.
Retail Banking
03/29/2016
Diamond Bank ED reportedly dies in his sleep
Nigerian Tribune reports that Victor Ezenwoko, the executive director, regional businesses of Diamond Bank, is dead!
03/28/2016
ADCB recognised with two prestigious awards by Asian Banker 2016
ADCB received the awards during the Asian Banker Excellence in Retail Financial Services Awards ceremony held in conjunction with the 15th Annual Excellence in Retail Financial Services Convention in Hong Kong.
03/28/2016
CBE to float stakes in two state-owned banks
Public lender Banque du Caire will also seek a capital increase on the stock exchange by floating a 20 percent stake before the end of the year, according to Amer.
03/24/2016
Moroccan banks look south for sub-Saharan African expansion
This will soon be a branch of Morocco’s newest retail lender
03/24/2016
‘Disruptive’ Equity changes banking in Kenya
The new Sustainable Development Goals really change the ownership of future aspirations.
03/23/2016
Orange and Ecobank launch a bank-to-wallet money transfer service
By enabling customers to link their bank account with their Orange Money account, this new service in Côte d’Ivoire, Guinea Conakry and Niger furthers the development of mobile financial services in Africa.
03/23/2016
Old Mutual Ghana Awards Financial Advisors
Old Mutual Ghana has held the Sales Award Ceremony since 2014
03/22/2016
Capital Bank Launches Promotion to Drive Savings
The Capital Bank has launched a new campaign, “V-Man,” to boost savings in the country while mobilising more deposits for the bank.
03/21/2016
Claims of Gupta approach to buy Nedbank rubbished
The claim was made on Friday in a two-page rebuttal of allegations against the family in the Gupta-owned The New Age newspaper.
03/21/2016
UBI Banca to expand beyond Mena into South Africa and Far East
UBI Banca, which was converted into a joint-stock company in October, has opened three new representative offices since mid-2015 – in New York, Casablanca and the Dubai International Financial Centre.
03/21/2016
Workers unsettled as Barclays restructures
Other services in line to be relocated include the loans processing and card operations centre.
03/21/2016
Zenith Bank extends reach with retail, innovative products
The lender is engaging its cutting edge technology and innovative products to boost its service delivery
03/17/2016
MoneyGram partners GT Bank for Nigerian remittance service
According to the World Bank, Nigeria accounts for around two-thirds of total remittance inflow to Sub-Saharan Africa.
03/17/2016
African Bank announces new strategy for retail banking
African Bank and Sanlam have agreed an initial arrangement to test viability of offering a broader range of insurance products and services
03/17/2016
Access Bank Adds New Multi-Function Cash Deposit and Dual Dispenser Equipped NCR SelfServ ATMs
NCR’s next generation ATMs will help Access Bank to enhance customer experience with reduced ATM downtime and highly secure banking environment
03/15/2016
FirstRand bank to close some FNB units and retrench staff
About 10% of the bank’s branches will be affected, with 40 closing and another 31 reducing staff, she said.
03/09/2016
Uganda's central bank sells Imperial Bank stake to Tanzania's Exim
Formerly owned by Kenya's Imperial Bank Limited, Imperial Bank was a small player in Ugandan banking which was taken over after Kenyan authorities assumed management of the parent
03/09/2016
Exclusive: Morocco’s Attijariwafa Bank plans bid for Barclays’ Egypt business
Sources familiar with the sale said the equity size of Barclays’ Egyptian unit was around $400 million.
03/09/2016
Zenith Bank’s growth strategy is set to benefit Nigeria
Following its public listing on the London Stock Exchange in 2004, it has since grown to have a shareholder base of roughly one million.