08/16/2013
South African retailer Foschini Group said on Friday it had received an unsolicited offer for its majority stake in a consumer finance joint venture it has with Standard Bank Foschini
08/15/2013
ABC Holdings’ pre-tax earnings grew 77% in the six month to June buoyed by growth in retail banking.
08/15/2013
This year the organisation has been hosting a series of events to celebrate the 51st year of the organisation.
08/14/2013
Standard Bank Group produced a good set of results in the first half of 2013 despite the challenging South African and international environment
08/14/2013
Wants 35% of the agricultural finance market by 2016.
08/14/2013
The restructuring and expansion of Family Bank in the course of last year seems to be yielding fruit. The bank’s profitability for the six months to June has gone up 132 per cent.
08/12/2013
Eco- bank Uganda’s Managing Director, Michael Monari says their Bank is well positioned to contribute to the success of the East African Community integration process
08/11/2013
Standard Bank Group Ltd's Kenyan unit rose to the highest level in more than two years after first-half profit surged 81 percent, beating other lenders in East Africa’s biggest economy.
08/11/2013
Kenya's Diamond Trust Bank increased first-half pretax profit by 22.3 percent year on year, helped by growth in net interest income
08/11/2013
The move is to bring its world class banking services to the door steps of its customers across the length and breadth of the country.
08/09/2013
Guaranty Trust Bank plc has once again raised the service bar for African Financial Institutions, by upgrading its Social Banking offering on Facebook to accommodate Instant GTBank Account Opening.
08/08/2013
Some African companies have also been looking for opportunities in Asian countries to trap the trade flow between the continents
08/05/2013
Diamond Bank remains on track to deliver superior returns to shareholders at year end with an impressive first half H1 2013 result after declaring a profit before tax of N17.6 billion- an increase of 14 per cent – from N15.4 billion in June 2012.
08/04/2013
Commercial Bank of Ethiopia posted a record 8.4 billion Ethiopian birr profit for the 2012/13 fiscal year, a sizable increase over the 7.9 billion birr reported in the same period last year.
07/31/2013
ABSA Group said it was implementing a strategy to improve growth in its retail banking division
07/31/2013
Nigeria's Union Bank said on Thursday its half-year pretax profit fell to 9.8 billion naira ($61.1 mln), down 4.2 percent from 10.2 billion naira last year.
07/30/2013
The bank needs a competitive advantage before it can enter Nigeria
07/30/2013
Nigeria's Diamond Bank , said its half-year to June 30 pretax profit rose 14.2 percent to 17.56 billion naira compared with 15.37 billion naira in the same period last year
07/29/2013
Absa Group the South African bank majority owned by Britain’s Barclays Plc posted an 8 percent rise in half-year earnings after its bad loans shrunk.
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