Managers of Wealth Africa

African Bank returns to profitability

The new strategy is developed on the foundation of five sustainability levers: customer satisfaction, social responsibility, financial resilience, inclusivity and environmental promotion.

Equity Leadership Program Launched In Rwanda

The 32 scholars have just concluded a one-week induction process and will now proceed to join Equity Bank for a 3 month paid-internship program where each scholar will get a monthly stipend and will experience on-the-job training and mentorship within var

Ecobank Wins Starsight Sustainability Award 2020

Presenting the Starsight Renewable Energy Sustainability Award for 2020 to Ecobank in Lagos, Teme Jack, Head Sales, SMEs, Starsight Energy, lauded the commitment of Ecobank towards application of renewable solutions thereby reducing carbon footprints, str

Fidelity Bank wins Bank of the Year award

Additionally, the Founder and Board Chairman of the Bank, Edward Effah, received the Business Meritorious Award for his outstanding and consistent leadership over the years in the industry

A region in debt as top banks record $125m in bad loans

Meanwhile, Bank of Tanzania (BoT) has introduced measures to address non-performing loans, which include zeroing in on individual bank employees who are directly responsible for issuing the loans.

Absa Bank signals dividend payout as profit quadruples

Outlook on our business performance is positive

Kenyan Banks Top 2021 Regional Rankings

Equity was the highest-ranked in the report.

Investec Bank secures US$600mn sustainability-linked term loan

This year’s facility was significantly oversubscribed, having been launched at US$300mn.

National Bank exits Nairobi bourse this week

KCB allocated a total of 147.3 million shares to the former NBK investors between October 2019 and December 2019.

Co-Op Bank Q3 Net Profits Jumps 18.9 Pc

The bank has revised its loans provisions upwards (50 percent) to Sh 6 million in order to aid businesses and households which are reeling from the effects of the COVID-19 pandemic.

Bank Zero vs TymeBank vs African Bank – fees compared

Competition heats up in this segment, with one bank hamstrung in a specific area

Fidelity grows profit by 31.4%

Fidelity Bank recently completed a highly successful Eurobond offering, raising US$400 million from the international capital markets

KCB to rebrand acquired Rwandan bank by January

The Kenyan lender acquired Banque Populaire du Rwanda Plc in August

FDH Bank ready to break even on African trade and global banking market

As one of the partners of the fair, FDH Bank plc has so far expressed optimism about trade and investment opportunities at the fair.

Access Bank to Unveil More Centers to Enhance Self-service Banking

He noted that the centres are the banks attempt to show customers related to digital channels and a place to demonstrate the best of its innovative solutions through self-service banking as well as meeting the needs of its existing and potential customers

Retail Banking