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
Retail Banking
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.
04/04/2014
Nedbank plans to expand pan-African banking network
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
Impressive 2013FY top line and bottom line performance validates FCMB’s growth strategy
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
Fidelity Bank Records N9bn Profit, Assets Hit N1.1tn
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
Incoming CBN governor challenged on forex reserves, credit, AMCON fund
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
S.Africa's Capitec full-year earnings slow as bad loans bite
This year has seen deterioration in the quality of our loan book
03/19/2014
Over half of retail banking executives think non-traditional financial services providers are a threat to traditional banks - PwC
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
Nigeria’s Union Bank Poised For Growth
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 ‘could release excess capital’
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
Ecobank trims its sails to steady ship
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
Zenith Bank posts profits
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
We’ll redefine customer experience with retail banking –Okonkwo, Fidelity Bank boss
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
GT Bank expands to Cape Coast
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
Thierry Tanoh keeps ECOBANK job for now
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,