12/16/2020
Early debit orders in December draw fire – but SA banks say it’s ‘standard practice’
South African banks have come under fire for processing debit orders earlier than usual in December.
Retail Banking
12/16/2020
African Development Bank and 11 MDB’s to Launch Report on Financing the Sustainable Development Goals
It showcases examples of how their financing directly contributes to advancing SDGs that empower people, protect the planet, foster prosperity for all, and develop sustainable quality infrastructure.
12/16/2020
Nedbank’s adapt-or-die approach pays off
The impact of the Covid-19 pandemic has resulted in a tilt in our strategic focus since the lockdown started towards the end of March.
12/16/2020
Afreximbank Lists Eight Nigerian Banks among Trade Finance Intermediary Initiative
It explained that in line with its charter and mandate, Afreximbank delivers its products and services with and through central banks, commercial banks and other eligible bank and non-bank financial institutions.
12/16/2020
Co-operative Bank of Kenya partners with Thunes to rollout Co-opRemit - a New Global Money Transfer Solution
Co-opRemit streamlines the process of real-time money transfers particularly within Africa
12/16/2020
Intra-Africa trade key to cushioning the blow of trade tensions and external shocks, says Afreximbank
Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s
12/15/2020
Access Bank : Recognized as the 'Best Digital Bank In Africa' 2020
This award serves as an encouragement for us to consolidate our efforts towards becoming a truly digitally-led bank.
12/15/2020
Treasury plans Sh100bn SME loans cover entity
This scheme will ultimately be anchored in a private company owned jointly by banks and government.
12/15/2020
KCB, Kiambu ink Sh1.3bn youth firms financing deal
More than 5,000 Kiambu residents are expected to benefit from the financing deal.
12/15/2020
Co-operative Bank of Kenya partners with Thunes to rollout Co-opRemit - a New Global Money Transfer Solution
Customers may send money directly to a foreign bank account or mobile number, and money transfers through this platform will bear no extra charge beyond the tariff thus offering full transparency on forex fees.
12/14/2020
Kenyan banking industry’s outlook positive despite pandemic
Kenya’s banking industry is expected to remain stable and resilient despite the negative effects of the COVID-19 pandemic, according to a new central bank report released on Friday.
12/14/2020
ETI records GH¢150 million profit in third quarter of 2020
Total assets also went up by six percent to GH¢139.4 billion in the third quarter of 2020.
12/14/2020
CBG MD, Daniel Wilson Addo named Most Respected CEO at Ghana Industry Awards
With over twenty-four years’ extensive experience in banking, he has worked with many banks in and outside Ghana and has contributed significantly to the growth of the banking industry in Ghana.
12/14/2020
The outlook for South Africa's top 4 banks: ABSA, Nedbank, FirstRand and Standard Bank
Assessing the economic outlook, broker ratings and target prices for these securities, as well as the technical trading view for these shares.
12/11/2020
Co-operative Bank of Kenya Limited -- Moody's takes ratings actions on 32 banks in Africa following update to country ceilings methodology
Rating Action: Moody's takes ratings actions on 32 banks in Africa following update to country ceilings methodology
12/10/2020
TymeBank and IDEMIA Collaborate Towards Increased Security and Convenience in Customer Card Issuance
As the world leader in Augmented Identity, IDEMIA has a proud track record of providing a trusted environment enabling consumers to perform their daily banking activities.
12/10/2020
African banks' non-performing loans to potentially double, Moody's warns
Rising pressure on African governments caused by the coronavirus pandemic is also weighing on banks, the report added as creditworthiness was "inextricably linked" to the financial strength of the government in the country where the lenders are
12/10/2020
South Africans turn to online services
The Internet has scaled seamlessly during the pandemic, enabling three quarters (75%) of those surveyed in South Africa to continue working and learning, compared with just under half (48%) globally.
12/10/2020
African Banks Perfectly Poised to Benefit from Chat Commerce
Clickatell believes banks, particularly in the emerging markets, can increase their reach by a factor of three if they implement chat
12/09/2020
Access Bank in talks with Atlas Mara to take over BancABC
Access Bank Plc is in talks about a potential acquisition of assets belonging to Atlas Mara Ltd.