05/23/2019
GCB to start investment banking
GCB has cut 300 of the 850 staff it took over in August 2017 from now-defunct UT Bank Ltd. and Capital Bank Ltd. and another 120 will leave this year, the MD said. The lender has 2,300 staff and 180 branches.
05/17/2019
“The Barclays Ultimate Account enables its customers to pay a monthly bundled fee to cover all account transactions.
05/16/2019
Ramaphosa made reference to this in his 2018 State of the Nation address.
05/15/2019
The lender is partnering with Investec on equity trading
05/15/2019
David Hodnett, deputy chief executive at the time, maintained that senior leadership at Barclays Africa Group Limited (BAGL) was kept in more or less the dark about the announcement.
05/15/2019
The continent is trying to force financial inclusion at a time when international banks are leaving. It is a hotbed of innovation but still lacks essential infrastructure. So how should we look at banking in a modern Africa?
05/14/2019
Stanbic IBTC Bank PLC, Chief Executive, Dr. Demola Sogunle, also shared the bank’s commitment to support and strengthen the Nigerian community through financial education, leadership, health, environment, and charitable conditions.
05/12/2019
The Fund will be regulated by the Cayman Islands Monetary Authority.
05/02/2019
The decision mirrors that of its parent company Absa group which last year offloaded KPMG in the wake of the South African Auditor-General’s office also terminating its services.
04/25/2019
Standard has to provide certain information periodically to the ICBC, so that the ICBC can equity account the group’s results.
04/17/2019
The launch of Citi’s ACES platform highlights our commitment to continuously strengthen our offering and support our clients’ ETF needs holistically across products and geographies.
04/16/2019
The Best African Sukuk HouseAwardadds to a growing portfolio of awards won by FBNQuestMerchant Bank at the EMEA Finance.
04/12/2019
In the region, listings fell heavily to $1.1 billion out of which $1 billion was made of extra investments.
04/12/2019
The South African group Absa plans to expand activities in Africa with Nigeria as target and Egypt and Angola as potential targets.
04/10/2019
Absa has a representative office and securities licence in Nigeria, but needs to up the ante in one of Africa’s most promising banking markets in order to meet its ambitions.
04/08/2019
The provisions for loan losses by commercial banks in the country have continued to drop, thereby raising hopes of higher returns on investments for shareholders, THISDAY has learnt.
04/02/2019
The fund seeks to contribute to the development of the private sector in North Africa by increasing access to capital for local SMEs and mid-market companies.
03/28/2019
In a recent statement the South African bank noted that the actual number of employees who will ultimately exit the employ of Standard Bank SA could be lower, as new opportunities will become available in the new operating model.
03/28/2019
Launched in 2001 as a micro-lending business, Capitec is positioning itself as a full-fledged bank with no-frills account, savings and insurance and credit card products to cut its reliance on unsecured loans, which rely solely on a customer’s promi
03/20/2019
BNY Mellon clients will have the ability to view their total ESG and UNGC scores on equities at the account level versus relevant benchmarks over time.