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.
10/06/2014
IS NEDBANK buying a giant headache by paying R5-billion for 20% of Togo's Ecobank Transnational?
10/06/2014
Pan-African lender Ecobank plans to wind down its strategy of rapid expansion across Africa and focus on existing businesses, especially in Nigeria, Ghana, Angola and Kenya, its chief executive said on Sunday.
10/06/2014
Firstrand is firmly positioned as the leading bank in SA after the most recent reporting period for the top four banks.
10/02/2014
Others are window of opportunity in a rapidly expanding and consolidating banking sector
09/30/2014
The Retail Banking Academy and the Institute of Bankers in South Africa entered into a Memorandum of Understanding whereby IOBSA will undertake an evaluation of the Academy’s credit bearing programmes and award candidates a designation.
09/25/2014
Expanding MasterCard’s acceptance in 28 countries across Ecobank’s network is a significant milestone for us
09/23/2014
Access Bank Plc has further consolidated its position as a service focused bank in Nigeria by being adjudged the “Best Local Bank in Nigeria 2014” by EMEA Finance Magazine.
09/23/2014
Citi operates in Nigeria through its subsidiary, Citi Bank Nigeria Limited.
09/23/2014
Financial services firm Co-operative Bank of Kenya has hired McKinsey & Company to guide it on its next phase of growth.
09/22/2014
The 20 percent fee was not announced but is believed to be the region of N11 billion ($67 million), given the total fee is estimated to be N59 billion ($361 million).
09/19/2014
The balance of 80 per cent or N44.8 billion would be paid on October 13.
09/16/2014
Qatar National Bank has acquired a further 11 percent stake in Ecobank Transnational Incorporated in a deal worth $283 million, making it the pan-African lender's largest shareholder.
09/16/2014
The Board Chairman of FirstRand Bank of South-Africa, Laurie Dippenaar, has said that the business case to acquire Merchant Bank Ghana last year was not a good one, as the assessment of returns on the transaction fell short of the bank’s expectation