Managers of Wealth Africa

Kenya: Co-op Bank net profit jumps 52% to Sh16.5 billion

Net interest income grew 13percentt to Sh41 billion while non-funded income grew 11 percent to Sh19 billion.

KCB's Net Profit Rises by 74% to hit KSh 34.2 Billion Helped by Lower Credit provisions

KCB Group has recorded a 74% rise in net profit on the back of increased income, cost management and lower credit provisions

South Africa's major banks deliver strong financial performance

Learnings from navigating the extreme uncertainty during earlier phases of the pandemic

The most exclusive credit cards in South Africa

Discovery Bank offers two different banking products, the Discovery Bank Purple Suite for South Africa’s wealthy and the Discovery Bank Purple Wealth Suite for the super-rich.

Access Bank: Leveraging HoldCo Structure for Expansion, Value Creation

Previously, FBN Holdings, Stanbic IBTC Holdings and FCMB Group, were the three financial institutions operating holdco structures until last year when the central bank recently granted approval to Access Bank Plc, Guaranty Trust Bank and Sterling Bank and

South Africa's Standard Bank reports 57% profit jump

The bank said its headline earnings per share - the main profit measure in South Africa - stood at 1,573 cents

Nedbank Group profit up sharply after stronger economic growth boosts credit demand

The 2022 growth target also falls within a slowing and uncertain economic growth environment.

BOI’s $1bn Syndicated Term Loan Facility Receives Accolades

We look forward to intensifying our efforts to catalyze sustainable economic growth for Nigeria and the continent at large

South Africa's Standard Bank in talks to exit JV with China's ICBC

Standard Bank said ICBCS could not yet assess the impact on its 2022 results.

Banks colluded to shut down Sekunjalo accounts, Competition Tribunal told

But responding banks reject this claim, saying Sekunjalo posed serious reputational and commercial risks.

Banking fraud fears, poor network keep card payments low

The number of mobile money Lipa na Mpesa merchants in the meantime stood at 387,000 as at September 2021, data from Safaricom shows, having jumped from 122,000 in March 2013.

Absa is Now Letting Android Users Turn Their Phones Into Card Machines

NFC allows customers to pay using their card, wearable or other contactless wallet option of choice.

UBA: Growth in Interest Income Drives impressive Performance

UBA in the period under review also improved on its top-line performance by 7.8 per cent to N660.22billion in 2021 from N616.84billion reported in 2020.

United Bank for Africa Plc reports profit of N119 billion in 2021

UBA’s profit performance is on the back of all margin growth as income from interest and fees and commission income are all appreciated year on year.

East African apex banks optimistic of economic growth despite risks

The governors said in a joint statement issued in the Kenyan capital Nairobi that the regional economy has been on a recovery trajectory with an average growth of 4.2 percent posted in 2021

Standard Bank Fleet Management Wins The Diamond Arrow Award At The Prestigious PMR.africa 2021 Awards

First overall in fleet cards category awarded for the 11th year to Standard Bank

Capitec denies owing aggrieved client

Bank claims account overdrawn

Wema Bank affirms commitment to SMEs growth

He spoke at the bank’s first-quarter SME webinar series themed ‘From Talent to Wealth: Building your Talent into a Successful Business.

SA banks’ act of severing ties with clients slammed

hey qualify risk using a set of prearranged principles and questions.

KCB Bank Network Now Accepts Verve Cards

This arrangement further highlights KCB Bank’s focus to provide innovative banking solutions across Uganda.

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