04/18/2022
Union Bank of Nigeria Announces 23% Drop in Profit
The group, thus, reported 18.5 per cent increase in total assets to N2.59trillion in 2021 from N2.19trillion reported in 2020.
Retail Banking
04/18/2022
Standard Chartered announces changes to refocus and simplify its presence in Africa & Middle East region
The Group has invested heavily in recent years in the AME region
04/14/2022
Arab African International Bank partners up with Liferay to accelerate its digital transformation
By implementing Liferay’s latest digital technology on the bank's website, AAIB customers will be able to smoothly and swiftly access a variety of financial services, via any electronic device
04/14/2022
Standard Bank Wins In The 2021 JSE Spire Awards
The highly coveted annual awards marked their 20th year as the benchmark in recognising elite performance in South African capital markets, as voted for by institutional investors.
04/13/2022
Wema Bank Ranked among LinkedIn’s Top 25 Workplaces
These were the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity and spread of educational backgrounds.
04/12/2022
Stanbic voted best African bank
In 2021, the group outlined its 2025 ambition of being a platform business through a new operating structure, including plans to “transform client experience”.
04/12/2022
S.Africa's Capitec bank reports 84% profit surge
The bank's headline earnings per share - the main profit measure in South Africa
04/12/2022
Zenith Bank introduces Z-Mobile Ghana app for better services
In addition, the enhanced Z-Mobile Ghana App, enables non-Zenith customers to open an instant account.
04/08/2022
Fidelity Bank Grows Nigerian export sector with its EMP 12 Initiative
"The programme has exposed me to standard practises and in-depth knowledge into some regulations guiding exports of goods in the international market."
04/08/2022
UBA records N153 billion profit before tax
These figures were made public at the bank’s 60th Annual General Meeting
04/06/2022
Banks Borrowing from CBN Decline by 0.45% in Q1
Banks deposit applicable interest rate for the SDF is at 4.5 per cent.
04/06/2022
Rwanda: Bank of Kigali Named Best Bank in Rwanda
Following on the enormous difficulties wrought by the pandemic, these changes demand increased attention to global commercial relationships.
04/06/2022
Kenyan banks make losses in South Sudan and why they stay on
The only profit for the lender which started operations in South Sudan in September 2013 came in the year 2015 at $7.45mln
04/05/2022
SA banks to be the least affected by the Russia-Ukraine war among emerging markets – S&P report
South African banks have limited or no vulnerability at all across all areas that S&P looked at.
04/05/2022
Kenya: Banks report stellar earnings growth for 2021; Equity Bank doubles profits
But the sector’s underlying performance may be skewed given a significant drop in loan impairment charges in 2021 and subsequent write-backs, which boosted bank balance sheets and results, say some analysts.
04/04/2022
Sterling Bank partners DKM to develop Africa’s next big star
The partnership with DKM is a sequel to the bank’s ongoing collaboration with the Ake Arts and Books Festival as well as its partnership with the Nike Arts Gallery, among others.
04/04/2022
Zenith, Access Bank, Others Sustain NPL Ratio Below CBN’s Requirement
UBA’s NPL dropped to 3.60 per cent from 4.70 per cent in 2020.
04/04/2022
Zimbabwe: First Capital Records 87 Percent Net-Interest Income Growth
In comparison, Non-Funded Income just recorded a 33 % growth during the reporting period.
04/01/2022
Ghana: Banking Sector Records Strong Asset Growth in First 2 Months
Dr Addison said total deposits recorded a year-on-year growth of 18.2 percent to GH¢123.0 billion.
03/31/2022
Absa Bank Ghana records strong performance in 2021
The Bank said the emerging recovery of the Ghanaian economy in 2021, from a difficult position the previous year, was also a key factor in the improvement in revenues.