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.
03/20/2019
The lender’s response to the rate cap included launching Timiza, a mobile lending app, and hiring a chief data officer.
03/15/2019
The Bank will continue this trend into the future.
03/15/2019
The Bank’s commitment on the target, the highest among all multilateral development banks, has progressed steadily from 9% in 2016 to 28% in 2017 and 32% in 2018.
03/15/2019
Speculation is rife that the restructuring might affect over 800 employees.
03/15/2019
Standard Bank’s South African unit “will implement a comprehensive exit package which significantly exceeds the requirements as set out in the Labour Relations Act”, the lender said.
03/11/2019
HEPS is the main profit measure in South Africa