09/20/2023
Mixed bag for retailers in South Africa
Fears over increased load shedding during winter would have also hurt confidence.
Retail Banking
09/19/2023
Six banks earn N3.9tn in six months
United Bank for Africa delivered a 164 per cent growth in its gross earnings which rose to N981.78bn as of June 2023, from N372.36bn recorded last year in June 2022.
09/18/2023
Battle of the banks 2023: Capitec vs Standard Bank vs FNB vs Absa vs Nedbank
The banking market isn’t only facing challengers from the digital sphere either, with Old Mutual – one of the oldest financial companies in the country – also gearing up to launch its own bank in 2024.
09/18/2023
StanChart’s Regional CEO pays working visit to Ghana
For decades, the Bank has supported Ghana’s economic growth and helped businesses in the country to deliver on their ambitions.
09/18/2023
Our positive financial results attributed to customers support – FirstBank Holding CEO
The News Agency of Nigeria (NAN) reports that forum serves as a platform for discussing important issues that are crucial to the growth and success of businesses.
09/15/2023
Co-op Bank of Kenya named African SME financier of the year
'We are encouraged by this award as a demonstration that we have listened, studied and built competitive solutions for SMEs to realise their goals'
09/14/2023
TymeBank hits 7.4 million customers in South Africa – with profitability right around the corner
TymeBank is also expanding its business and operations, ARC said.
09/14/2023
Fidelity Bank acquires Union Bank UK subsidiary
The bank had earlier received a letter of ‘No Objection’ to the transaction from the Central Bank of Nigeria.
09/13/2023
UBA grows half-year gross earnings to N982bn
This translated to an annualised return on average equity of 57.7 per cent as against 17.1 per cent a year earlier.
09/12/2023
Absa Group CEO reaffirms commitment to its Ghana operations
The visiting delegation’s agenda also included focused interactions with Absa colleagues.
09/12/2023
Zenith Bank Delivers Phenomenal Triple-digit Growth in First Half 2023
Its profit after tax also grew by triple digits
09/12/2023
Unity Bank grows deposits to N333bn in H1
The net loans portfolio reduced significantly by 31 per cent to N198.6bn as of June 30, 2023
09/07/2023
Absa, Stanbic lead in loans to customers as rivals favour State
Absa’s ratio was however lower than Development Bank at 127.4 percent
09/05/2023
South Africa’s middle class is getting crushed
Across most credit metrics, the number of defaults and overdue balances continued to increase against the backdrop.
09/05/2023
M-Pesa Brings Banking Innovation to Mobile with Standing Orders
Details like the launch date and setup process are still unclear.
09/04/2023
How much big South African banks make from fees
MyBroadband recently analysed the fees charged by South Africa’s major traditional and digital banks.
09/04/2023
FG Targets Domiciliary Accounts in Zenith, Access Bank, UBA, Others And Nigerians With Funds Abroad
Vanguard reports that Edun said there is a substantial source of Forex in Nigeria via domiciliary accounts and foreign accounts owned by Nigerians.
09/01/2023
Top 10 Best Banks For Business Accounts In Nigeria
This article explores the 10 best banks for business accounts in Nigeria based on factors like fees and charges, variety of account types, business services and overall customer satisfaction.
09/01/2023
Kenya banks’ lending to parent firms abroad up 61pc
Banks with common majority shareholders often collaborate and may lend to as well as borrow from one another.
09/01/2023
KMRC taps Sh3bn AfDB, World Bank loans
This is part of the access to the 309-million-euro credit lines offered by the two financiers in 2020.