06/09/2022
The improving profitability among commercial banks comes as credit growth also increases, with total outstanding loans to all sectors rising to P69.6 billion in March, compared to P69 billion in February and P65.6 billion in March 2021.
06/08/2022
The bank has also revealed plans to continuously modernise its branches, with a strong emphasis on digitisation, improved client service, and optimal cash solutions for customers.
06/07/2022
“The development impact of the acquisition is immense as TTB will leverage the merged entity to provide financing of about $3 billion over the medium term of which over $600 million will directly support intra-regional trade finance,”
05/31/2022
The choice of the new bank branches in these counties also appears strategic as most of them are agricultural-rich with major cash crops such as tea and coffee, meaning they have high cash circulation.
05/31/2022
The banks recorded N371.9 billion in pre-tax profit, an 18.6 per cent increase over N313.5 billion posted in Q1, 2021.
05/31/2022
The South African Reserve Bank raised its benchmark repo rate by 25 basis points in March to 4.25 percent, the third straight rate hike, due to increased inflation risks.
05/30/2022
The devolved system of government, which took off in 2013, raised hopes of addressing the economic imbalance
05/30/2022
For over 128 years of First bank’s continuous unbroken operations, many more economic cycles, and industry transformations whilst reinventing itself many more times than any financial institution on the continent. https://tribuneonlineng.com/first