03/09/2023
Standard Bank, the continent's largest lender by assets, said in 2023 it expects its net interest income - the main growth metric for banks - to be driven by renewables and infrastructure and higher interest rates.
03/09/2023
The payments space in Ghana has been growing since the Bank of Ghana introduced the Payment Systems and Services Act (2019)
03/07/2023
From January to November 2022, the Federal Government incurred a fiscal deficit of N7.34tn.
03/07/2023
The online training forms part of the Ecobank’s MSME Booster series and offers online learning tools for MSMEs seeking growth as they prepare for the new business year.
03/03/2023
Including commercial customers, FNB’s South African client base now sits at 9.24 million (up 5%) while total active customers across the entire group also increased by 5% to 11.22 million.
03/03/2023
Other banking channels have also registered increased usage with the preference for automated teller machines
03/02/2023
Profits took the most blow from the need to set aside N6.2 billion from revenue to cover loans.
03/02/2023
This impressive increase was achieved amid continued decline in non-performing loans ratio from 4.90 per cent in December 2021 to 4.20 per cent in December 2022.”
03/01/2023
The lenders are reacting to the CBK’s decision of September 29 that raised the benchmark interest rate by 75 basis points to 8.25 percent to anchor inflation expectations.
02/27/2023
Non-banking subsidiaries offer diversified products including payments, insurance and pension funds which have significant upside potential.
02/24/2023
Nigerian banks will face near-term execution and credit risks from their presence in other Sub-Saharan African (SSA) markets, depending on the degree of operating environment…
02/23/2023
S&P says Egypt's growth should continue to slightly outpace peers
02/20/2023
We are glad that all the goods work done in the past couple of months are beginning to yield positive results.
02/16/2023
Record performance for the bank in Africa and the Middle East
02/13/2023
This type of account offers a flexible and cost-effective solution for small businesses.
02/06/2023
“All bursary recipients are offered employment with the group on completion of their studies.”
02/03/2023
African Bank was certified as a Top Employer in South Africa, alongside 2 053 organisations in 121 regions across five continents.
02/02/2023
The likes of Tyme Bank, Discovery Bank, and Bank Zero are opening the eyes of consumers in the region to new types of personalised banking that could be more suited to today’s world.
02/01/2023
It follows a recent report by Discovery Bank in partnership with BCG, the Future of Retail Banking, which found that over 80% of consumers prefer to conduct their day-to-day banking digitally
02/01/2023
The new digital payments platform, which is configurable and customisable, currently processes over four million transactions per day and over $60-billion of digital transactions a year.