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
09/15/2014
The frenetic move for new investors, according to sources, will not only free the affected banks from AMCON, but will also generate working capital for banks in view of the emerging financial requirements of industry players.
09/15/2014
We are there to support [African Bank] and make sure there is a resolution process which is well managed
09/14/2014
The Ghana Commercial Bank Limited GCB has launch a new brand identity of the bank which marks beginning of the next generation GCB with a new image of a dynamic force in the banking industry in Ghana.
09/11/2014
Nigeria, Egypt and Ethiopia offer some of the best opportunities for retailers looking to invest in Africa
09/11/2014
MetropolitanRepublic has issued a statement announcing the closure of its Cape Town office.
09/10/2014
Nedbank Group Ltd., the South African lender controlled by Old Mutual Plc, said it remains committed to its partnership with Ecobank Transnational Inc., even after the Togo-based firm sold a stake to a Qatari bank.
09/10/2014
As rising interest rates and tight liquidity conditions push Nigerian banks to the international debt market, Obinna Chima examines the risk the trend portends for the system
09/10/2014
Diamond Bank Plc has opened a flagship centre to cater for the needs of its retail customers.
09/09/2014
FirstRand Ltd., Africa’s biggest bank by market value, is setting aside 10 billion rand for expansion across the continent as profit increases from regions outside its home market of South Africa.
09/08/2014
Ecobank Nigeria has sealed a deal for a $20 million credit line from the Brazilian Development Bank.
09/08/2014
Diners Club is heading into the fast-growing economies of Nigeria, Mozambique and Angola,