12/25/2013
Guaranty Trust Bank Acquires Kenya’s Fina Bank Group
The bank’s subsidiaries in Uganda and Rwanda are also set to undergo a similar change of identity.
12/23/2013
GT bank nine month results through September 2013 shows an increase in gross earnings by 9 percent
12/20/2013
Africa-focused banking group, Ecobank Transnational has open two more branches in Harare to further expansion in the Zimbabwean market.
12/17/2013
According to the figures on the Average Interest Rates published by the BoG, interests paid by some banks on deposits from customers, for the month of October this year, was as little as three percent.
12/17/2013
United Bank for Africa Plc, which operates in 19 African countries, is renewing attempts to win an Angolan banking license after its first application expired.
12/16/2013
This move is a strong endorsement of GHIB’s strategy of expanding its footprints in the African continent.
12/16/2013
Fidelity Bank Limited has signed a 10-year US$13million credit facility agreement with PROPACO,
12/16/2013
Despite local banks reservations about Bank of Ghana's second round of recapitalisation which commences next year, United Bank for Africa Ghana Limited has welcomed the new GH¢120 million minimum recapitalisation
12/11/2013
Each will cherrypick the regions that have contributed the most performance, the macro highlights and key funds which have done well for them.
12/10/2013
Angolan banking group BIC, which in Cabo Verde owns BIC IFI , plans to buy a retail bank on the archipelago
12/10/2013
In the nine months to September 2013, indigenous banks overtook their multinational rivals in profit growth.
12/07/2013
FINA Bank will be renamed Guaranty Trust Bank Kenya after the Central Bank approved the takeover of the Kenyan bank.
12/04/2013
Kenya Commercial Bank started small in Africa's newest nation, South Sudan - very small.
12/04/2013
First Capital started as a microfinance company and became a savings and loans company after operating for two years.
12/02/2013
Ecobank Cameroon’s net profits significantly increased by 100 percent to 1.65 billion F.CFa” for the same period.
12/01/2013
Angola is one of the most attractive markets for international retail trade
12/01/2013
Mercantile Bank which focuses on banking for entrepreneurs, plans to double in size in the next five years
12/01/2013
Absa had been South Africa’s leading retail bank for many years up until the lower end of the market was entered by the likes of Capitec, African Bank, Standard Bank, FirstRand and Nedbank, forcing Absa’s retail unit to lose some market share.
12/01/2013
It is here that three African financial institutions City Investments Company, NDK Financial Services and The Royal Bank are turning to new technology to realise their plans.
11/28/2013
Third-biggest property fund listed on the Johannesburg Stock Exchange,Hyprop, has agreed to buy 87 percent of the issued shares in African Land Investments.