11/02/2013
Bank of Fujairah plans big Africa expansion
National Bank of Fujairah may open trade finance offices in Africa as part of an expansion of foreign business
Retail Banking
10/30/2013
Nigeria's Union Bank 9-Month Pretax Profit Falls Sharply
Nigeria's Union Bank said on Thursday its nine month pretax profit fell 46.16 percent to 6.81 billion naira, from 12.65 billion naira last year.
10/30/2013
KCB Posts 17pc Q3 Growth To Sh15.2bn
Net interest income for the nine-month period grew by 12 percent to Sh24.3 billion up from Sh21.7 billion during the same period last year.
10/29/2013
Nigeria: Zenith Bank Declares N69 Billion Q3 Profit
Zenith Bank Plc has reported a profit after tax of N64 billion for the nine months ended September 30, 2013 with the loans and advances portfolio hitting N1.1 trillion.
10/29/2013
Skye Bank reports record gross earnings
In the third quarter to September 30, 2013, Skye Bank Plc recorded gross earnings rise of N102 billion from N94 billion in the corresponding period of 2012.
10/27/2013
Nedbank ‘performs solidly’, says CEO in trading update
The group’s capital adequacy ratio remained within its respective internal target ranges, with the common equity tier-1 ratio at 11.6% following the payment of the interim dividend in September 2013.
10/27/2013
UBA Global Investor Services is Nigeria’s Custodian Bank of the Year
Acquisition International’s 2013 Finance Awards are the only awards that celebrate achievement, innovation and brilliance from an international perspective.
10/27/2013
StanChart Shuts Down Nairobi Corporate Advisory Unit
The shut-down became necessary due to the unit’s poor performance
10/27/2013
Ecobank Opens Representative Office In Ethiopia
Ecobank Transnational Incorporated the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa.
10/27/2013
Kenya: HF Continues to Build Profits
Housing Finance has posted a 58 percent rise in pre-tax profit to Sh894.7 million during the third quarter of 2013 up from Sh563.6 million recorded in a similar period in 2012.
10/26/2013
Brown Puts Nedbank on sure Footing
Since Mike Brown took over as chief executive of Nedbank in March 2010 he has quietly built a formidable bank that is outperforming rivals in a number of ways.
10/25/2013
Mauritius Commercial Bank full-year profit up 3 pct
Mauritius Commercial Bank posted a 3.3 percent rise in full-year pretax profit on the back of a growth in its loan book
10/24/2013
Angola’s Poupança e Crédito bank returns to providing loans in November
Angolan state bank, Banco de Poupança e Crédito is due in November to start providing loans to customers again
10/23/2013
Diamond Bank, MTN Partner to Offer New Retail Service
Diamond Bank and MTN Nigeria have signed a comprehensive Memorandum of Understanding to accelerate the launch of a hybrid bank account
10/23/2013
Nedbank's Branch Of The Future Is Transforming The Client Experience
Nedbank yesterday officially launched its flagship 'Branch of the Future' at Fox Street in Johannesburg's Central Business District.
10/21/2013
Global Finance names Ecobank world’s best Frontier Markets Bank in 2013
Global Finance, the world-renowned magazine that focuses on emerging market insights and intelligence, has named the Ecobank Group as its first-ever ‘World’s Best Frontier Markets Bank’ in 2013.
10/20/2013
Abraaj invests in leading Ghanaian mortgage finance provider, Ghana Home Loans
Abraaj has invested through one of its Funds in a firm that operates at the intersection of real estate and financial services
10/20/2013
76% of Global Retail Banks Becoming More Innovative - RESEARCH
This year’s study, which surveyed 148 banks in 66 countries, revealed that as the global economy recovers, retail banks across the world are increasingly investing in innovation as a means of generating revenue and controlling costs.
10/20/2013
Corporate Governance Scandal Threatens Nedbank’s Africa Strategy
For South African banks, having an Africa strategy is essential.
10/16/2013
Fidelity Bank expands network, rewards customers
The draw coincided with the launch of the bank’s branch at Nungua, the 46th in its network.