04/04/2021
As Access Drives Revenue Growth through Retail Banking
The situation was further worsened by the outbreak of the COVID-19 pandemic
Retail Banking
04/01/2021
Family Bank profit rises 22pc to Sh1.2 billion
Loan loss provisions surged by more than 2.5 times to Sh1.62 billion from Sh734 million in 2019.
03/31/2021
Sterling Bank Introduces SocialPay
With social media networks becoming the centre of everyday life for almost 25 million Nigerians, SocialPay will ensure that these digital natives can make quick purchases and receive payments from social stores.
03/31/2021
Family Bank defies pandemic to post 22% profit gain
Family Bank Group has posted Kshs. 1.16 billion in 2020 full year net profit, representing a 22.44% increase year on year, mainly driven by interest income.
03/31/2021
Apple launches its contactless payment service in South Africa
Apple Pay has joined Samsung’s digital wallet offering, Samsung Pay, which was launched in South Africa in 2018.
03/31/2021
SA digital bank secures three-million customers
This announcement follows on from the digital bank securing R1.6-billion from a number of undisclosed global investors
03/31/2021
Ecobank Wins Starsight Sustainability Award 2020
Our partnership with Ecobank has delivered an outstanding result in a short window time
03/31/2021
Jubilee, Co-op Bank named top dealmakers in East Africa
DealMakers Africa say the Jubilee-Allianz transaction is the largest announced in East Africa during 2020
03/30/2021
Co-op Bank reclaims third position in asset rankings
A bigger asset base and efficient management are among the key drivers of a bank’s profitability.
03/29/2021
Leaving the Tarmac: Buying a Bank in Africa, A Book by Aigboje Aig-Imoukhuede, Former CEO, Access Bank
Aigboje Aig-Imoukhuede will make a number of significant announcements about his plans for the future at the launch of Leaving the Tarmac: Buying a Bank in Africa.
03/26/2021
Standard Bank named Best Bank in Africa
Banks are playing a key role in economic recovery around the world.
03/26/2021
Ecobank Group posts N641.8b turnover
Total assets of the group nudged up to N10.4 trillion in the year ended from N8.6 trillion in the corresponding year of 2019, representing 20 percent increase.
03/25/2021
Stanbic IBTC Recommends Final Dividend of 360k, Bonus Share
Non-interest revenue ascended 14.7 per cent powered by a 43.4 per cent increase in trading income to N52.1 billion.
03/24/2021
Zenith Emerges Best Bank in Nigeria Back-to-Back
Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
03/24/2021
Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report
The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa
03/23/2021
Bank of Kigali named best bank in Rwanda
“This award comes as a true testimony of our dedication to provide the best financial services to our customers, despite the challenges brought by the pandemic,” said Diane Karusisi, Bank of Kigali CEO.
03/23/2021
Banking profits plunged by R50bn in 2020
Largely due to the sharp increase in provisions for bad debts.
03/23/2021
FNB acquires fintech company Selpal in township push
This includes card/QR payment acceptance, access to credit and various insurance products – helping to grow and develop community-based businesses in a similar way that most formal businesses are able to via the formal financial system.
03/22/2021
Capitec still the best bank at keeping customers happy
The survey uses a number of factors to arrive at an overall customer satisfaction score: customer expectations, perceived quality and value, customer complaints and resolution, customer loyalty, and the perceived fair treatment of customers.
03/22/2021
Union Bank declares 25 kobo dividend
The board of directors of Union Bank of Nigeria Plc has recommended payment of a dividend per share of 25 kobo to shareholders as return for the 2020 business year.