11/03/2022
Dloti said the Ubank transaction is an essential element of African Bank’s Excelerate25 strategy, with the joining of the two businesses to build a scalable, diversified and sustainable banking business with a compelling listable proposition.
11/02/2022
The ranking by African Business, based on the tier-one capital buffer, has placed Equity ahead of its rivals in East Africa.
11/01/2022
The second stage, will introduce an additional request-to-pay function which makes it possible for a person to request payment and receive money securely and immediately in their bank account.
11/01/2022
South Africans rely more on credit card debt and overdrafts despite rocketing interest rates
11/01/2022
Equity Bank and I&M Bank quoted the selling price of the dollar at Sh130.35 and Sh130.75 per unit respectively yesterday, while buying at Sh118.75 and Sh119.85.
10/31/2022
Its total assets grew by 20 per cent from N9.45 trillion to N11.34 trillion in 2022, mainly driven by growth in customers’ deposits.
10/28/2022
The report’s assessment of CBN’s financial stability indicators showed that industry liquidity and non-performing loan ratios both improved by 130 basis points(up) and 75bps(down), respectively, to 42.6 per cent and 4.95 per cent.
10/27/2022
The bank won the award for its outstanding service in reaching the unbanked and making banking accessible to all.
10/25/2022
UBA’s financial report filed with the Nigerian Stock Exchange showed it recorded 12.3 per cent rise in profit
10/25/2022
Zenith lost its place amongst the top 3 and was replaced by ABSA as the third bank with profit before tax margin of 65 per cent.
10/24/2022
The demographic dividend estimation profile is intended to identify the logical potential that can be harnessed by countries during a period of demographic transition.
10/24/2022
Polaris had operated as a bridge bank since 2018 when the apex bank revoked the licence of the defunct Skye Bank Plc and set up Polaris to take over its assets and liabilities.
10/24/2022
Financial conversations are not always easy, but they are the most important ones you must have.
10/21/2022
The partnership with Mobex- an affiliate company of TerraPay Group- will see KCB strengthen its position in the global payments ecosystem.
10/21/2022
Right now, close to about 95 percent to 96 percent of our transactions are actually done digitally.
10/20/2022
The average interest rate on investment securities increased from 14% in 2020 to 15.5% in 2021.
10/20/2022
Its sale is the continuation of BNP Paribas' plan to withdraw from Africa and refocus on European and Asian markets.
10/18/2022
Kenya’s business magnates, politicians and new millionaires have in recent years taken to flying as the preferred mode of transport – expanding the market for leasing and private ownership of planes.
10/13/2022
As part of its entry rationale into this year’s Global Finance Awards, Standard Bank focused on the evolution of its service offerings.
10/12/2022
Standard Bank’s diverse team and skillsets have been recognised at the Global Finance Awards 2022 after taking home wins in more than a dozen categories.