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.
03/06/2014
The bank also assured its customers that it would roll out money agency banking channels in months to come.
03/03/2014
team at IFC was formed in 2010 to integrate working capital financing and trade facilitation initiatives with IFC’s award-winning Global Trade Finance Program and Global Trade Liquidity Program.
03/02/2014
First Bank of Nigeria Limited, Nigeria’s best banking brand and one of West Africa’s largest lenders, has confirmed its pledge to transform its Ghanaian subsidiary
02/27/2014
SOUTH Africa’s youngest licensed retail bank prepares to spread its wings
This is part of a long-term strategy to diversify into a fully fledged retail bank.
02/27/2014
Angolan banks Banco VTB África and Banco Privado Atlântico plan to merge their operations in Angola
02/25/2014
Nedbank says it grew its retail customer segment by 529,000 or 9%, to 6.4 million during the period ended December 2013.
02/25/2014
Nedbank Group the banking arm of Old Mutual Plc, will continue to invest in its transactional banking franchise, which it views as fundamental to its future growth strategy
02/25/2014
Consolidated Bank of Kenya board is engaged in a power struggle that could affect the operation of the State-run outfit.
02/25/2014
FirstRand is expanding in markets including Nigeria, Africa’s most populous country with 170 million people, in order to boost growth outside its core South African market.
02/20/2014
Standard Chartered Bank Plc has said that there is need for people to save in order to boost investment in the country
02/20/2014
Barclays Africa Group Ltd.is outperforming its South African peers for the first time in three years after backing out of a chase for market share in unsecured lending helped stem bad loans and boost profit.
02/12/2014
Absa Bank Limited, a wholly owned subsidiary of the Barclays Africa Group, aims to regain the leading market position in SA’s retail and business banking sphere, which remains its “biggest business in its biggest market”.
02/11/2014
Dar es Salaam — Stanbic Bank Tanzania, a member of Standard Bank Group has announced a special campaign aimed at increasing existing customers and grows its book.
02/10/2014
This represents an increase of 2.2% over the corresponding period last year.
02/10/2014
Barclays Africa will have to show it has stopped "bleeding customers" to reassure investors it is back on track when it releases its 2013 full-year results on Tuesday.
02/07/2014
In comments to Asharq Al-Awasat, a senior executive from the African Development Bank denied the development finance institution would be halting its loans to Egypt.
02/07/2014
FBC Holdings Ltd will not merge its banking division, FBC Bank, with its mortgage unit, FBC Building Society, anymore after the central bank last week extended statutory capital requirements by another six years
02/07/2014
Kenya': Barclays net profit down 13 per cent
Barclays Bank, Kenya's third largest lender by market value, reported yesterday net profit dropped 12.79 per cent to Sh7.62 billion in year ended December 2013 compared to Sh8.74 billion a year earlier.
02/07/2014
Currently the biggest bank in the Gulf region, it is looking for acquisition targets in Turkey, Morocco and sub-Saharan Africa, chief financial officer Ramzi Mari told Reuters in an interview at the bank’s Doha headquarters.