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,
09/07/2014
The first quarter of 2015 has been set as the deadline for the switch to Basel II. Dr John Mangudya, RBZ Governor, indicated this in his recent maiden policy statement.
09/07/2014
Acheampong added the mergers would help banks to grow, integrate and expand their business.
09/07/2014
Barclays Bank of Kenya has revamped its Busia branch into an ultra-modern facility, in a move aimed at supporting seamless cross-border transactions.
09/05/2014
This deal is much much bigger than a Qatar bank taking a stake in Ecobank
09/04/2014
Nedbank has till November 25 to decide whether to exercise an option to convert its loan to Ecobank in 2011
09/03/2014
Ghana Bank Buys German Financial Firm
After the merger Fidelity will have a branch network of 80, 96 ATMs, 300 agencies and more than 700,000 customers across the country
09/02/2014
The Old Mutual-owned personal financial management service will no longer charge a monthly subscription fee.
09/02/2014
Competition among banks is increasing as lenders seek to tap segments of the population who don’t use banking services
08/31/2014
Trans National Bank to open three branches as it targets agri-business
Uasin Gishu County Governor Jackson Mandago officially opens the rebranded Trans National Bank, Eldoret Branch yesterday. With him is Trans National Bank CEO Sammy Lang’at and the bank’s chairman Michael Cheruon.
08/29/2014
Fidelity Bank Ghana Limited has announced the completion of its $127.3 million Capital Raising Exercise to inject more capital into the operations of the bank.
08/29/2014
RainFin , a South African peer-to-peer lender part-owned by Barclays Plc, is expanding from personal loans into small-business loans, hoping to mimic the growth of U.S.-based LendingClub Corp.
08/29/2014
He was confident that Nedbank would exercise the conversion option and also top up the conversion amount with $206 million to give it a 20 per cent stake in Ecobank.
08/28/2014
Fidelity Bank Ghana Limited has announced the completion of its more than $127 million Capital Raising Exercise to inject more capital into the operations of the bank.
08/27/2014
Diamond Trust Bank Ltd., a Kenyan lender with operations in four nations, is considering expanding into one of three African countries as growing competition at home squeezes margins