09/10/2013
The Board of Directors of the African Development Bank approved on Wednesday, September 11 a financing package consisting of US $120 million multi-sector line of credit and US $30 million subordinated debt to The Mauritius Commercial Bank
09/10/2013
Fidelity Bank Ghana Limited, one of the fastest growing banks in Ghana, has become the first bank to introduce Agency Banking services in the country.
09/10/2013
Barclays Bank of Kenya has unveiled a three-year strategic plan designed to facilitate faster growth in the future.
09/09/2013
FirstRand Ltd, South Africa’s second-biggest financial-services company, said fiscal full-year profit climbed 20 percent as it lured more customers.
09/08/2013
With the approval of the Bank of Ghana, Fidelity Bank has contracted third party retail networks called Fidelity Smart Agents to provide services on its behalf.
09/08/2013
With a growing emphasis on Cashless Banking to provide safer financial services to customers.
09/07/2013
The United Bank for Africa one of the Pan-African bank with operations in 19 African countries and New York, London and Paris, announces the launch of Project Alpha the Group’s next stage focus of strategic transformation.
09/05/2013
Capitec and other South African lenders have zeroed in on the lucrative mass-market, writing high-margin loans to lower income borrowers.
09/02/2013
FirstRand expects to release its full-year results on September 10. Standard Bank, Nedbank and Barclays Africa Group (previously Absa), all reported their interim earnings in August.
09/01/2013
The regulator told them to find new investors before a deadline or face nationalisation.
08/27/2013
Shortly after the banking sector reform triggered bank customer migration, one of the banks that successfully attracted many customers was Guaranty Trust Bank plc (GTBank).
08/26/2013
This marks the second international award the company has received in less than two years
08/26/2013
EcobankZimbabwe’s profit before tax leapt 2 300 percent to US$1,2 million in the half year to June largely driven by growth in interest income.
08/25/2013
Plans are being drafted to enter the general-insurance industr
08/24/2013
We currently have almost 380 young and experienced workforce who together as a team has brought us this far
08/23/2013
Standard Chartered Bank says it has launched “cross border” banking in an effort to give an all-in-one banking facility to small business clients throughout the East African region.
08/22/2013
The bank has increasingly focused on its African network following the downsizing of its London office
08/20/2013
The Deputy Governor, Financial System Stability, Central Bank of Nigeria Dr. Kingsley Moghalu, and six group managing director/chief executives of banks are among the personalities to be conferred with the fellowship of the Chartered Institute of Bankers
08/20/2013
Angola, which already has 23 lenders operating in the country, is trying to boost lending and banking services in a market
08/20/2013
Bangalore-based public sector lender Canara Bank plans to expand its overseas branch network during the current fiscal