Managers of Wealth Africa

SA banks dominance hampers growth

The report paints a bleak picture of how four commercial banks control almost 90% of the country's banking sector.

Equity Group to pay out record Sh11.3bn dividend

The lender has reinstated dividend after freezing payouts in 2019 and 2020

The African Banker Awards – a fascinating journey

Ahead of the 16th edition of the African Banker Awards, scheduled for May this year, we look back at 15 exciting years of an event that was the first of its kind in Africa.

SA banks fear uptick in ID theft after TransUnion hack

The group claimed the credit bureau was using the word “password” as its password.

KCB Group courts DRC bank in expansion plan

The Group’s net profit for 2021 jumped 74 percent to Ksh34.2 billion ($300 million) from Ksh19.6 billion ($171.92 million) in the previous year (2020) buoyed by increased revenues from trading operations and by over 50 percent reduction in loan loss

Jaiz Bank Shares Islamic Banking Experience with Delegates from Gambia

Speaking during the visit, the Managing Director Hassan Usman welcomed the delegates, and assured them that Jaiz Bank is ready to work with them to “share knowledge.”

The cheapest bank accounts in South Africa in 2022

Discovery Bank does not have an entry-level transactional account and thus has been excluded.

Access Bank Reports 40% Increase in Profit to N176.7bn

assets of N11.7trillion as at December 2021, a growth of 35 per cent from N8.7trillion as at 2020.

Standard Bank ranked as Africa’s most valuable banking brand in 2022

Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s ranking of the world’s Top 500 Banking Brands, after increasing its brand value by 26% to USD1.583 billion.

Big five banks deploy digital at unprecedented time frames

The index provides insights into the overall level of satisfaction among customers of SA’s top five retail banks.

Unity Bank, NASME empower women-owned MSMEs

Managing Director/Chief Executive Officer of Unity Bank, Mrs. Oluwatomi Somefun

Standard Bank employs AWS technology to boost Shari’ah Banking services

The bank introduced the Shari’ah Banking Call Centre on 9 March 2022, that seeks to resolve customers’ queries remotely and efficiently while maintaining all the requirements of Shari’ah Banking.

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

Retail Banking