04/19/2014
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
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
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.
04/04/2014
Nedbank was looking to extend its footprint to about 10 countries in the Southern African Development Community and East Africa over the medium term as part of its strategy to build a pan-African banking network
04/03/2014
SA banks reap African rewards
JP Morgan and Citigroup are already operating across Africa
04/03/2014
FCMB is predominantly a wholesale corporate bank with niche plays in the retail space, with a particular focus on high net-worth individuals, middle class and salaried government workers.
04/03/2014
An analysis of the balance items of Fidelity Bank showed that total assets increased by 18.2 per cent to N1.081 trillion, up from N914.36 billion in 2012.
04/03/2014
The CBN governor designate, while thanking the stakeholders for setting agenda for him, promised that he would not betray the confidence reposed in him.
03/26/2014
This year has seen deterioration in the quality of our loan book
03/19/2014
The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen
03/18/2014
Union Bank of Nigeria today revealed a new corporate strategy as it seeks to build on “successes achieved in the past one year”.
03/18/2014
Standard Bank Group, Africa’s largest lender, may pay a special dividend of as much as R7bn after selling many of its overseas assets
03/17/2014
Depositors were taking fright. The stock price was dipping. A stream of internal letters warned that the bank and the decades-old dream of building a pan-African rival to Barclays or Citibank could collapse.
03/14/2014
The result also showed that net assets rose by 10 per cent from N462bn at the end of 2012, to N509bn in the year under review.
03/12/2014
The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo, has assured that Fidelity Bank will continue to develop strategies to not only remain relevant but also meet the challenges in the industry
03/10/2014
The move forms part of the bank’s commitment to bring more convenience to the doorstep of customers and the general public.
03/07/2014
The fate of the current Group Chief Executive of ECOBANK, Thierry Tanoh as to whether he can still keep his job going forward still hangs in the balance.
03/07/2014
Nedbank appoints new PR agency
Founded in 2008, is the largest independent PR agency in South Africa,
03/06/2014
South African financial services provider considers buying Nigerian Bank
The bank will start commercial banking in Nigeria with its merchant banking license. “We will scale it up,” Nxasana said.