Managers of Wealth Africa

African Digital Banks Make Money Moves Despite Challenge Before Challengers

Beyond that, the bank also assists its customers in making better financial decisions through proper financial planning, like budgeting.

‘Technology, Innovation Will Drive Nigeria’s Banking Sector Post-COVID’

Bajomo appreciated the outgoing president, Dr Segun Aina and the governing committee of the association “for the remarkable accomplishments during the last two years.

Firstbank's Wins Global Finance 2020 Best Mobile Bank App

Only recently, Global Business Outlook awarded FirstMobile with the 2019 Best Mobile Banking App.

Banks get risk-shy, engage agents

Similar to the days marketers were given bogus targets, the agents are now handed targets with mouth-watering bonuses attached.

Nedbank committed to rebuilding Namibia’s economy

Hansen noted that value addition of hotels and restaurants shrunk by almost two-thirds (64.2%) in the second quarter, while transport services dropped by 30.4%.

Ecobank Group shows its commitment towards Better Health

Ecobank has partnered with the NCD Alliance (NCDAlliance.org), a Geneva-based global civil network dedicated to preventing NCDs all around the world.

The banks South African consumers will most likely choose after a bad experience

The net index score is determined by subtracting negative sentiment from positive sentiment.

Following lengthy acquisition process, South Africa’s Mercantile Bank now a division of Capitec

Mercantile Bank, where many FX brokers in South Africa hold their business accounts, has completed its acquisition by Capitec

Ecobank named “Best Retail Bank in Nigeria 2020” – Asian Banker Awards

Asian Banker has announced Ecobank Nigeria as the Best Retail Bank in Nigeria.

Access Bank unveils Kenyan operations after Transnational takeover

The lender seeks to contribute to Kenya’s very own economic prospects as it trails its eyes on agriculture a niche for commercial lending.

I&M Holdings Ltd set to buy 90% share capital of Orient Bank

The deal will add to I&M’s regional banking operations comprising Kenya, Rwanda, Tanzania and Mauritius.

'Alarming' findings for banks, with just one scoring well in sentiment index

Financial institutions: ignore your customers on social media at your peril

Kuda Bank: Changing the face of banking for the millennial

Kuda Bank’s model saves conventional banks the heavy cost of running network branches, further translating into free banking services for customers.

Cheque payments recover from second quarter fall after economy reopening

The volume of cheques cleared at the Automated Clearing House under the Kenya Bankers Association (KBA) was slightly more than 3.62 million, a 17.75 percent rise from nearly 3.1 million in April-June period.

FCMB Named ‘Best SME Bank in Africa’

In the survey, we also asked customers to rate how well their main Banks have helped them during the crisis.

Atwima Kwanwoma Rural Bank increases its asset

The Bank’s total loans and advances also stood at GH₵34,919,716.00 as against GH₵31,314,866.00 in 2018, an increase of 11.51 per cent.

Ecobank named Best Retail Bank in Nigeria 2020

“We are pleased to be recognised as ‘Best Retail Bank of The Year’ in Nigeria. This confirms the strength of our brand in innovative banking products and digital solutions to deliver services to our teeming customers across the various s

First National Bank crowned the best SME Bank in the world

The awards were judged by a committee of industry experts, with a specific focus on reach, uniqueness and innovation, effectiveness and impact, as well as dynamism and scalability.

Remittances to sub-Saharan Africa to drop to $44bln in 2020 (World Bank)

This new figure comes a few days after the report of the United Nations Economic Commission for Africa (UNECA) which predicts a 21% drop in remittances from the diaspora to the entire African continent.

Crown Agents Bank extends African payments reach with Paga partnership

The move follows on from Crown Agents Bank’s existing work with Paga in Nigeria, which enables domestic transfers for organisations with a local Nigerian presence.

Retail Banking