10/24/2014
Failed South African lender African Bank Investments is likely to re-list on the stock exchange early next year, and its government supervision will be concluded without the use of taxpayer money
10/24/2014
Access Bank plc has emerged the winner of the 2014 World Finance, UK Magazine ‘Sustainable Bank in Nigeria Award.
10/24/2014
The Kenyan government is negotiating with local banks to reduce the interest lenders charge on mortgages to single digits, as authorities try to make purchasing a home affordable in East Africa’s biggest economy.
10/24/2014
Stanlib’s deal with parent Standard Bank in Ghana, comes after the asset manager received the go-ahead to build a money management capability independent of Liberty Africa.
10/23/2014
As part of efforts to promote financial inclusion and wealth creation, Access Bank Ghana has launched three new products, with exclusive benefits and discounts to customers.
10/20/2014
Bank of Africa Kenya has opened its 34th branch at Sameer Business Park.
10/17/2014
Nedbank, the fourth largest bank in South Africa by market capitalisation and customer numbers, is the majority shareholder in the Zimbabwean financial services firm, controlling 74 percent stake in MBCA Bank.
10/17/2014
The bad bank was set up in 2010 to buy non-performing loans and stabilize Nigeria’s banking industry after a debt crisis threatened it with collapse.
10/14/2014
Global financial groups have their sights set on the African banking sector, where the benefits of surging consumer strength and catch-up growth offer significant promise.
10/13/2014
The relative calm and tranquility in the country, especially the capital city, made us take a decisive step
10/13/2014
Sources close to the deal expressed concerns that even if the bank succeeded in raising the money it plans to raise before year end
10/13/2014
Priority Banking, Employee Banking, eSaver, debit and credit cards.
10/13/2014
The authorisation granted by the Namibian central bank is provisional for a six-month period and gives Banco BIC time to complete feasibility studies to back up its business plan to enter the market.
10/12/2014
FirstRand Ltd., Africa’s biggest bank by market value, said unsecured lending was the least of its issues and criticized ratings companies for seeing failed African Bank Investment Ltd. as a proxy for the industry.
10/10/2014
AMCON had announced Skye Bank as the preferred bidder for the acquisition of all its interest in Mainstreet Bank
10/09/2014
Lender's rule deters Nedbank from purchasing more than 20%.
10/08/2014
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that with its technological assistance, Kenya Commercial Bank is now able to offer acceptance of contactless
10/08/2014
The Board Chairman of EximGuaranty Company Limited, Mr Felix Ntrakwah, says Exim is not in competition with the financial institutions but are collaborators and should work together for the benefit of SMEs.
10/07/2014
Worthy of this development is increased investments in States such as Lagos, Ogun, Kogi, Edo, Anambra, etc. to mention a few.
10/07/2014
Kumapayi also said part of the funds would be used for branch expansion, renovation and facilities’ upgrade in Nigeria.