10/27/2013
StanChart Shuts Down Nairobi Corporate Advisory Unit
The shut-down became necessary due to the unit’s poor performance
Retail Banking
10/27/2013
Ecobank Opens Representative Office In Ethiopia
Ecobank Transnational Incorporated the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa.
10/27/2013
Kenya: HF Continues to Build Profits
Housing Finance has posted a 58 percent rise in pre-tax profit to Sh894.7 million during the third quarter of 2013 up from Sh563.6 million recorded in a similar period in 2012.
10/26/2013
Brown Puts Nedbank on sure Footing
Since Mike Brown took over as chief executive of Nedbank in March 2010 he has quietly built a formidable bank that is outperforming rivals in a number of ways.
10/25/2013
Mauritius Commercial Bank full-year profit up 3 pct
Mauritius Commercial Bank posted a 3.3 percent rise in full-year pretax profit on the back of a growth in its loan book
10/24/2013
Angola’s Poupança e Crédito bank returns to providing loans in November
Angolan state bank, Banco de Poupança e Crédito is due in November to start providing loans to customers again
10/23/2013
Diamond Bank, MTN Partner to Offer New Retail Service
Diamond Bank and MTN Nigeria have signed a comprehensive Memorandum of Understanding to accelerate the launch of a hybrid bank account
10/23/2013
Nedbank's Branch Of The Future Is Transforming The Client Experience
Nedbank yesterday officially launched its flagship 'Branch of the Future' at Fox Street in Johannesburg's Central Business District.
10/21/2013
Global Finance names Ecobank world’s best Frontier Markets Bank in 2013
Global Finance, the world-renowned magazine that focuses on emerging market insights and intelligence, has named the Ecobank Group as its first-ever ‘World’s Best Frontier Markets Bank’ in 2013.
10/20/2013
Abraaj invests in leading Ghanaian mortgage finance provider, Ghana Home Loans
Abraaj has invested through one of its Funds in a firm that operates at the intersection of real estate and financial services
10/20/2013
76% of Global Retail Banks Becoming More Innovative - RESEARCH
This year’s study, which surveyed 148 banks in 66 countries, revealed that as the global economy recovers, retail banks across the world are increasingly investing in innovation as a means of generating revenue and controlling costs.
10/20/2013
Corporate Governance Scandal Threatens Nedbank’s Africa Strategy
For South African banks, having an Africa strategy is essential.
10/16/2013
Fidelity Bank expands network, rewards customers
The draw coincided with the launch of the bank’s branch at Nungua, the 46th in its network.
10/15/2013
Kenya Commercial Bank Launches New Strategy to Reach Population Without Bank Accounts
The product allows customers to establish an account with the bank through KCB Mobi Bank platform.
10/13/2013
FirstRand Downplays Failed Deals
FirstRand chairman Laurie Dippenaar has brushed off the bank’s unsuccessful bids for Merchant Bank of Ghana and Nigeria’s Sterling Bank
10/13/2013
Ecobank Named World’s Best Frontier Markets Bank in 2013 by Global Finance
Global Finance, the world-renowned magazine that focuses on emerging market insights and intelligence, has named the Ecobank Group as its first-ever ‘World’s Best Frontier Markets Bank’ in 2013.
10/12/2013
Global Credit Ratings Upgrades Ecobank Nigeria
The rating agency further stated that the internal loan recovery system of the bank has become more effective
10/12/2013
Tier-1 Banks Not Keen in Acquiring Bridged Banks’
Indications have emerged that none of the nation’s Tier 1 banks may show interest in the three banks being put for sale by the Assets Management Corporation of Nigeria
10/12/2013
Bank of Ghana lauds UBA Ghana
The Governor of the Bank of Ghana, Dr Henry Kofi Wampah, has praised UBA Ghana for instituting a robust risk management system which has led to zero infractions on regulatory provisions on the part of UBA Ghana.
10/09/2013
Barclays not eyeing big Nigerian acquisition, says CEO
Barclays Group CEO Antony Jenkins says the company was not looking to make an expensive acquisition in Nigeria,