11/21/2016
Forex crisis: Fitch downgrades 10 Nigerian banks
Fitch takes the view that support, if ever required by the banks, cannot be relied upon.
Investment Banking
11/21/2016
Standard Bank awards top estate agents
The Windhoek-based estate agents' community convened at a local hotel on 12 November for the annual event
11/16/2016
Barak and Idbar Bank launch sharia trade finance fund
Barak Fund Management writes on its website that it has decided to go ahead with the new fund “after some consideration over the past few years
11/16/2016
AfDB and GEF confirm commitments in Africa
He emphasised that, in Africa, urbanisation would increase exponentially over the coming decades.
11/15/2016
Standard Bank to create ‘African Economic Forum’
Bank wants to facilitate intra-African trade and business opportunities
11/14/2016
Stanbic named Best Investment bank
Standard Bank has delivered a number of transformative deals, reflecting the bank’s commitment to driving growth on the continent that it calls home.
11/14/2016
Absa RainFin part ways
The announcement comes as a surprise.
11/11/2016
World Bank disburses $7 billion to Nigeria
Statistics obtained from the bank’s web portal also showed that its current portfolio in Nigeria stood at $8.billion.
11/04/2016
Standard Bank launches UCount for business – here’s how it works
It allows SME owners access to a number of benefits including card rewards, fuel rewards, retailer rewards and travel rewards.
11/03/2016
Zimbabwe banks scramble to get out of crisis
Zimbabwe’s central bank is carrying out a public awareness campaign ahead of the introduction of local bond notes
11/03/2016
First Bank launches FirstGem for women
With FirstGem, female customers can access support funds for their financial wellbeing
11/03/2016
Africa’s Biggest Lender Commits $2B To China This Year
The accountancy and finance group looked at the role financing can play in economic development across Africa
11/02/2016
Kenyan Banks turn to digital banking amidst layoffs
According to management, the decision was made early this year with the bank planning to pursue a digital strategy
11/01/2016
Fidelity Bank grows deposits to N795.6b in nine months
Fidelity Bank Plc performance was indeed reflective of the recessionary environment
11/01/2016
In recession, Nigeria looks to SMEs
New Development Bank of Nigeria would specifically focus on small businesses
10/31/2016
How Middle East countries are becoming more efficient at doing business
As the region’s macroeconomic headwinds continue owing to low oil prices and slower investment activity, business environment improvements are essential to maintain competitiveness.
10/31/2016
Standard Chartered Bank Freeze Accounts Of UPND Spokesperson
He also told me that according to their search, I was also a spokesman for an opposition political party.
10/31/2016
Diamond Bank records growth in Q3 2016
Diamond Bank recorded moderate growth in key financial parameters
10/30/2016
Barclays named best in financial reporting
Barclays Bank of Kenya has emerged the overall winner of the Financial Reporting Award
10/28/2016
Barclays Africa loan growth slows
Barclays Africa revenue growth slowed slightly in the third quarter, reflecting low economic growth and regulatory changes