05/16/2014
Stanbic Bank, Metropolitan Bank to launch new products
Stanbic Bank Ghana Limited and Metropolitan Bank have collaborated to launch three new products that will enhance consumer safety within the country.
Retail Banking
05/09/2014
Transaction Capital sheds unsecured loans, profit up 28%
Transaction Capital sold unsecured personal loans business Bayport and ATM company Paycorp during the interim period.
05/09/2014
Update 1- Standard Bank has no immediate plans for Nigerian acquisition
Africa's biggest lender Standard Bank aims to take advantage of opportunities in Nigeria by expanding its existing operations and has no immediate acquisition plans
05/07/2014
130 senior bankers attend The Asian Banker first annual Middle East and Africa Awards Programme
The Asian Banker's Middle East and Africa Awards are acknowledged by the financial services industry as the highest possible accolade available to professionals and banks in the industry in the Middle East and Africa.
05/05/2014
National Bank boss voted ‘Banking CEO of the Year’ for 2014
Organised by the Think Business in conjunction with Deloitte and Infotrak Africa, the honour is awarded to a CEO of Bank in recognition of exemplary leadership and contributions to the overall growth of their organisation.
05/02/2014
FCMB Group’s Pretax Profit Rises By 15%
The First City Monument Bank Group has declared a 15 per cent rise in profit before tax for the first quarter ended March 31, 2014.
05/02/2014
African Bank Investments says banking unit to show headline loss
Expects a headline loss of between R3,1 billion and R3,3 billion relative to R604 million restated headline earnings for equivalent six months to 31 March 2013
05/02/2014
NMB declared best bank in Tanzania
Only four banks from Tanzania featured in the competition that was dominated by banks in Kenya and that scooped most of the awards.
05/01/2014
Edcon pins hopes on Abil deal
In its results for the third quarter to December, Edcon said it ended the quarter with 133 000 fewer credit customers than in the previous corresponding quarter.
04/30/2014
Global survey shows Nigerian Banks gain consumer’s confidence as crisis fades
The results are particularly striking for Nigeria, whose banking industry neared collapse in 2009
04/28/2014
Standard Bank Paid Joint CEOs More Than $2.6 Million in 2013
Standard Bank Group Ltd., Africa’s largest lender, paid its joint Chief Executive Officers Sim Tshabalala and Ben Kruger more than 28 million rand ($2.6 million) each, about 56 percent more than their predecessor.
04/28/2014
Banks in Ghana are lazy – IMANI Chief
His comments on Saturday were the first such open reprimand of banks in Ghana
04/25/2014
HFC Bank holds 23rd AGM
HFC Bank (Ghana) Limited on Thursday held its 23rd Annual General Meeting (AGM) in Accra to deliberate on its 2013 annual report
04/25/2014
HFC Bank holds 23rd AGM
The Bank with a vision of becoming a leading universal banking institution in the West African sub-region and providing world class financial services
04/24/2014
Merchant bank now Universal Merchant Bank
The bank following its new look and image intends to reclaim its position as the premier corporate bank and expand into retail banking.
04/22/2014
Fidelity Bank’s Q1 profits down 25.08
Fidelity Bank is one of the earliest financial institutions to release its first quarter 2014 results
04/19/2014
UBA reports N68bn Q1 earnings
The first quarter 2014 unaudited results of United Bank for Africa (UBA) plc released at the Nigerian Stock Exchange on Thursday show that the bank grew its loan figures by 16% from N937.6 billion as at December 31, 2013 to N1.067 trillion as at March 31
04/16/2014
BNP Paribas Personal Finance expands into South Africa
Personal Finance has signed a binding agreement for the acquisition of RCS, a South African specialist in retail credit card programs.
04/11/2014
Nigeria's Diamond Bank Q1 profit up 6 pct to 9.24 bln naira
Gross earnings in the year to March rose to 38.24 billion naira from 33.83 billion naira in the same period last year
04/04/2014
Diamond Bank to Raise $750m Capital
The profit after tax for the year under review grew by 29 per cent to N28.5 billion as against the N22.1 billion recorded in 2012.