03/19/2014
The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen
03/18/2014
Union Bank of Nigeria today revealed a new corporate strategy as it seeks to build on “successes achieved in the past one year”.
03/18/2014
Standard Bank Group, Africa’s largest lender, may pay a special dividend of as much as R7bn after selling many of its overseas assets
03/17/2014
Depositors were taking fright. The stock price was dipping. A stream of internal letters warned that the bank and the decades-old dream of building a pan-African rival to Barclays or Citibank could collapse.
03/14/2014
The result also showed that net assets rose by 10 per cent from N462bn at the end of 2012, to N509bn in the year under review.
03/12/2014
The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo, has assured that Fidelity Bank will continue to develop strategies to not only remain relevant but also meet the challenges in the industry
03/10/2014
The move forms part of the bank’s commitment to bring more convenience to the doorstep of customers and the general public.
03/07/2014
The fate of the current Group Chief Executive of ECOBANK, Thierry Tanoh as to whether he can still keep his job going forward still hangs in the balance.
03/07/2014
Nedbank appoints new PR agency
Founded in 2008, is the largest independent PR agency in South Africa,
03/06/2014
South African financial services provider considers buying Nigerian Bank
The bank will start commercial banking in Nigeria with its merchant banking license. “We will scale it up,” Nxasana said.
03/06/2014
The bank also assured its customers that it would roll out money agency banking channels in months to come.
03/03/2014
team at IFC was formed in 2010 to integrate working capital financing and trade facilitation initiatives with IFC’s award-winning Global Trade Finance Program and Global Trade Liquidity Program.
03/02/2014
First Bank of Nigeria Limited, Nigeria’s best banking brand and one of West Africa’s largest lenders, has confirmed its pledge to transform its Ghanaian subsidiary
02/27/2014
SOUTH Africa’s youngest licensed retail bank prepares to spread its wings
This is part of a long-term strategy to diversify into a fully fledged retail bank.
02/27/2014
Angolan banks Banco VTB África and Banco Privado Atlântico plan to merge their operations in Angola
02/25/2014
Nedbank says it grew its retail customer segment by 529,000 or 9%, to 6.4 million during the period ended December 2013.
02/25/2014
Nedbank Group the banking arm of Old Mutual Plc, will continue to invest in its transactional banking franchise, which it views as fundamental to its future growth strategy
02/25/2014
Consolidated Bank of Kenya board is engaged in a power struggle that could affect the operation of the State-run outfit.
02/25/2014
FirstRand is expanding in markets including Nigeria, Africa’s most populous country with 170 million people, in order to boost growth outside its core South African market.
02/20/2014
Standard Chartered Bank Plc has said that there is need for people to save in order to boost investment in the country