12/08/2020
THISDAY checks showed that the six banks credits to customers as of September 2020 stood at N13.958 trillion, up by 10.59 per cent from December 2019, indicating that an additional N1.337 trillion was given out within the nine months period.
12/07/2020
Our half year analysis on Zenith Bank Plc envisioned that in the event of the bank taking over the lead on the size of the balance sheet, it will add asset size to its long held industry ruling by profit volume — this has happened.
12/04/2020
“For the year ended December 31, 2019, the group has made provision for doubtful debts relating to long outstanding amounts owed by related parties [of] Sh275.2 million.”
12/04/2020
AfricInvest, a Pan-African mid-cap-focused private equity firm, has acquired a minority stake in Fidelity Bank Ghana.
12/04/2020
The 2020 edition of the awards ceremony was held virtually yesterday, and the exceptional win makes it the second time ever in the history of the banker awards, that any banking group will be clinching as many as six wins in the same year.
12/03/2020
Syndicated loans are provided by a group of lenders, rather than a single financial institution, to spread the risk of default.
12/03/2020
Digital lending apps by local commercial banks, including products such as Fuliza, Mshwari and KCB M-Pesa, account for a substantial chunk of mobile loans.
12/02/2020
This means that its customers can use any ATM near to them and only pay the standard ATM banking fee, which has been reduced to R10 per R1,000.”