07/29/2013
United Bank for Africa Plc, one of the largest financial institutions in Africa has continued with its impressive results for the financial year with a profit of N33.2bn, for the half year ended June 30, 2013
07/29/2013
The African Banker Award recognizes financial institutions across the continent that have emerged as industry leaders
07/28/2013
Banks in Kenya and Nigeria have delivered far better share price returns in 2013 than their South African counterparts, a sign of confidence in these markets by investors.
07/28/2013
The 2013 Excellence Award on Performance Based Financing For Projects in Africa Partly Sponsored by The World Bank Has Been Won by The Investment Support Project for the Health Sector in Cameroon
07/28/2013
Skye Bank Plc has said its profit before tax increased to N10.5 billion as at June 30, 2013, as against the N9.9 billion realised the corresponding period in 2012.
07/25/2013
Nigeria’s Fidelity Bank said its half-year pretax profit rose 14.2 percent to 11.19 billion naira ($69.5 mln), up from 4.23 billion naira a year ago
07/24/2013
Nigeria Unity Bank said its half-year pre-tax profit rose 24 percent to 4.35 billion naira ($27.17 million), compared with 3.52 billion naira in the same period a year ago.
07/24/2013
Gross earnings at the mid-tier bank rose to 71.16 billion naira
07/21/2013
Having stamped its footprint on the West African region, leading Nigerian financial institution, Guaranty Trust Bank Plc (GTBank), has begun its expansion into East Africa with the aim of becoming the preferred bank in the continent.
07/21/2013
Barclays Plc gained regulatory approval to merge its African operations with Absa Group Ltd.
07/21/2013
Ecobank Transnational says it has opened an affiliate in South Sudan.
07/20/2013
Stanbic IBTC Plc has unfolded plans to strengthen its position
07/19/2013
Parent company of Guaranty Trust Bank (Ghana) Limited, Guaranty Trust Bank Plc has reached an agreement to acquire a 70 per cent stake in Kenya's Fina Bank Limited for $100 million,
07/17/2013
Stanbic IBTC Bank said it will adopt sustainable strategies to strengthen its retail banking business in Nigeria.
07/14/2013
ZENITH Bank tops Nigerian banks in this year’s Top 1000 World Banks Ranking of The Banker Magazine of the Financial Times Group, London, United Kingdom.
07/11/2013
Standard Bank Group also received awards for Best Equity House and Best Risk Manager in Africa.
07/07/2013
ccess Bank Gambia Limited, the trendsetting bank in many respects, has introduced the Gambian banking industry's first Visa Classic Debit Card to fast-track business and financial transaction
07/07/2013
The Commercial Bank of Africa has signed a Sh1.5 billion deal with Shelter Afrique for financing of housing projects in Nairobi, Kisumu and Mombasa.
07/04/2013
The parent company of African Bank, said that a downgrade of the unsecured lender’s credit rating would not be justified as the company had taken measures to deal with the subdued financial performance for the six months ended March.
07/02/2013
South African financial services firm Old Mutual has acquired a majority stake in micro-banker Faulu, making its entry into Kenya’s lucrative retail banking sector.