11/04/2020
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.
11/04/2020
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.
11/04/2020
According to Dr Aina, businesses and stakeholders in general must appreciation changes in the customers’ behavior, which is the main thing that determines a company’s success.
11/03/2020
Fidelity Bank posts N20.41 billion profit in nine months
Fidelity bank posted a Profit After Tax worth N20.41 billion for the period ended September 2020.
11/03/2020
Suspending dividends has allowed chief executive James Mwangi to build a $100m war chest for cross-border deals
11/02/2020
Access Bank Rwanda introduces Agency Banking
The model allows Access Bank to contract third party retail networks across the country to serve as banking agents offering financial services on their behalf.
11/02/2020
Also speaking, AfCFTA, Mene Wamkele expressed satisfaction that Nigeria is ready to deposit the instrument of ratification of the AfCFTA, noting that he is looking forward to Nigeria’s leadership in AfCFTA.
11/02/2020
Kenyans’ stake in KCB jumps to new high of 65 percent
A total of 40 new institutional investors and 1,416 individual shareholders went for KCB shares during this period even as the existing ones ramped up their stakes.
11/02/2020
The Future of Self-Service
The young customers of today don’t have the time to look for a branch, stand in queues, and speak to banking staff.
10/30/2020
Access Bank eyes nine counties in expansion
Access Bank did not disclose how much it intends to spend on the expansion drive.
10/30/2020
FNB mistakenly blocks company’s online payments for suspected fraud
This was causing severe risk and inconvenience for the business, and MyBroadband contacted FNB to investigate the matter further.
10/29/2020
"Our customers believe in us and we are honoured to be their financial partner of choice, they are the reason why we keep getting such recognition across the continent"
10/29/2020
The aim of the switch (managed by Campost) is to facilitate the interoperability of the various services provided by operators using the national electronic communication network. Through the national payment switch, Cameroon plans to increase its financi
10/29/2020
Some are concerned that strong results mask the true state of finances in spite of oil hedges
10/29/2020
“Switch provides customers with the added value of asset financing, investment and insurance opportunities at better rates,” he said.
10/29/2020
Shareholders will benefit from the economies of scale of a larger banking network
10/29/2020
It points out that the bank has furthermore been gradually automating processes across its operations and has implemented the omni-channel digital platform to reduce duplication and increase efficiency.
10/28/2020
Access Bank expands to Mozambique, South Africa
The bank is set to commence operations in Mozambique as Access Bank Mozambique, S.A (“Access Bank Mozambique”).
10/28/2020
African payment solutions are critical to minimising fraud while improving the free flow of funds to boost business and economic activity
10/28/2020
TymeBank is the most similar to Bank Zero – focusing on low monthly fees and cashless functionality – while Discovery Bank’s products are aimed at higher-end customers and include rewards programmes and Discovery Vitality integration.