05/11/2022
Listed Ugandan banks have been instructed to withhold $4.5 billion worth of dividend payouts
Last month, many bank shareholders were disappointed when the apex bank issued a circular informing the banks not to pay dividends for the financial year ended December 31st, 2021.
05/10/2022
Entersekt integrates NuData Security’s behavioral analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases
05/09/2022
FNB Records Nearly 2 Million Virtual Card Users Just 1 Year After Launch
FNB customers have more reasons to buy items using their Virtual Cards, as the bank is now providing free insurance cover on online purchases made with FNB and RMB Private Bank Virtual Cards.
05/09/2022
The FMO currently invests an average of about €2bn ($2.1bn) a year across all its markets.
05/06/2022
UBA closed the year with a significant growth of 36 per cent of its balance sheet from GH¢3.95 million in 2020 to GH¢5.37 million in 2021.
05/05/2022
The bank realised N393 million for items that will be classified subsequently to profit or loss, against the N18.700 billion decline posted in the same quarter of 2021.
05/05/2022
Enhanced operating model through restructuring of regional offices for the bank
05/05/2022
Apart from the attempt at the world record, the #BeAudacious campaign was also a reward scheme to appreciate customers
05/03/2022
"Over the years, Access Bank has demonstrated that employee performance and rewards remain a critical pillar of the bank’s business operations."
05/03/2022
The 2022 edition to be held in person in Ghana, will have efforts and remarks centred on the theme of banking sovereignty, proffering support for growth and development in the world of banking, payment systems, data and the empowerment of development inst
05/03/2022
The only restrictions are that the loans can’t be used to repay shareholder loans or settle debt and entities and sole proprietors must be tax registered.
05/03/2022
An analysis of the CBN financial data revealed that banks and other financial institutions in January 2022, borrowed N313.48 billion, which was a decline of 25.5 per cent from N426.7 billion borrowed in January 2021.
04/28/2022
Profit before income tax gained 9.6% to N44.484 billion in Q1 2022 from N40.581 billion achieved in Q1 2021. The lender paid N2.988 billion in income tax in the quarter under review.
04/28/2022
Standard Bank Group retained pole position for the second time in a row on the back of massive growth in its tier 1 capital of 24% to $13.8bn in December 2020.
04/28/2022
The objective criteria included growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
04/26/2022
The report also showed that deposits from customers during the first three months of 2022 remained unchanged at $19.7 billion.
04/26/2022
FirstBank was named African Bank of the Year & Innovative Banking Product of the Year 2021 by African Leadership Magazine Awards
04/26/2022
Regarding its outlook, the bank said its risk appetite and credit outlook remain unchanged at this time.
04/25/2022
The bank’s investment is expected to accelerate the creation of a new class of successful African entrepreneurs that will serve as a model to younger innovators.
04/25/2022
The EACOP project plans to build a pipeline in 2025 spanning 1,400km across eastern Africa that will transport crude oil from Uganda to Tanzania.