02/22/2021
It said this year it will expand in eight new African markets by setting up offices in some countries, partnering with existing banks in some nations or deploying digital platforms to provide services to customers.
02/22/2021
HSBC's Middle East and North Africa, or MENA, unit contributed 4.32% of group pretax income in the third quarter of 2020, a recovery from negative 1.16% in the previous quarter, according to S&P Global Market Intelligence data.
02/22/2021
After Covid-19 scuppers plan to launch unsecured loans.
02/22/2021
The accelerator program which opened its entries last month, received 306 registrations and after rigorous assessments was later shortlisted to 30 participants.
02/18/2021
This means applications from non- indigenes who are resident in Lagos and own at least 50 per cent ownership in either start-ups, micro enterprises, or small and medium enterprises will be accepted for consideration.
02/18/2021
This has heralded issuance of longer dated Treasury bonds, raising the average period to maturity to 8.5 years in January from 7.96 years a year earlier, and 7.09 years in January 2019.
02/18/2021
Absa and Nedbank declined to comment, while FirstRand and Standard Bank did not respond to questions from S&P Global Market Intelligence.
02/16/2021
Tata Consultancy Services' Market-leading Clearing Product to Support South Africa's National Initiative for a Modern and Scalable Central Payments Infrastructure that Enables Real-time Retail Payments
02/16/2021
The bank said"The economic upturn is proceeding at an uneven pace" as anti-coronavirus measures continue to weigh on economic activities like education, hospitality and tourism.
02/16/2021
Kenya’s wealthy also tend to boost the value of their money in dollars when anticipating rough economic tides like now due to the effects of the coronavirus pandemic.
02/12/2021
As a result, banking today is radically different from what it was at the turn of the millennium, making it a lot more convenient thanks to innovative platforms such as M-Pesa by Safaricom.
02/12/2021
It seems like more bankers are getting into politics in Africa.
02/11/2021
In 2017, the Absa Bank had instituted a massive restructuring that saw seven branches closed including two main banks in Nairobi CBD.
02/11/2021
The industry has seen a dramatic downturn in the past two years when compared with previous year-on-year performance.
02/10/2021
Angola is among the top six contributors to Standard Bank’s earnings from operations on the continent outside of South Africa.
02/10/2021
Banks in Kenya are more exposed to small- and medium-sized companies as well as retail businesses
02/09/2021
Do you bank with either of the two banks on the international list?
02/09/2021
The objective of Post Bank Uganda with this is to deepen financial accessibility in the most affordable way possible, thanks to products such as UnionPay post card which allows the bank dream to take shape.
02/08/2021
The group disclosed that the Central Bank of Nigeria has confirmed that it has no objection to the transaction, adding that the transaction is subject to prevailing market conditions and the conclusion of the necessary documentation.
02/08/2021
The bank said its two-week long love campaign on social media had been , slated for February 5th to 18th, 2021