05/19/2021
ATI has a good market position in Africa, based on the scale of its underwriting penetration and benefits from significant local expertise and understanding in a number of African countries.
04/30/2021
FirstRand's NPL ratio rose 109 basis points in 2020 to 5.04%, while Nedbank's surged 189 basis points over the same period.
04/23/2021
FirstRand which has $118 billion in assets, became the second global bank to exit India just within a week of Citigroup's decision.
04/22/2021
First Rand India is a licensed financial services provider in India and operates as a "branch" of FirstRand Bank South Africa.
04/22/2021
“This has been a key enabler to FirstRand’s investment banking business’s strategy to grow its offerings on the broader African continent, but which only requires a representative office to execute.”
04/13/2021
The value of M&A transactions with any sub-Saharan African company involvement reached $6.1bn, almost level with the same period in 2020, and a five-year low.
04/09/2021
The bank has been hiring for junior and mid-ranking talent to support Michele Cohen, its head of special purpose acquisition company origination in Emea
04/06/2021
Last spring’s seize-up in the global M&A market eased as companies rethought their business plans and sought a leaner profile.
04/06/2021
Despite Covid-19, 2020 was a banner year for investment banking, with IPOs and bond issues standing out.
04/05/2021
“In 2020, we gave out loans of NGN 58 billion to over 81,000 female entrepreneurs and professionals.”
03/29/2021
Those retrenched were offered a one month’s salary in lieu of notice, severance pay at the rate of one-and-a-half months per year of service and pay for accrued leave days at the time of termination.
03/22/2021
“We introduced the discount initiative post-COVID-19 lockdown to stimulate the domestic tourism sector."
03/12/2021
Global Finance Names AfDB As the World’s Best Multilateral Financial Institution
Global Finance awards are a valuable guide.
02/23/2021
United Capital Plc’s total assets grew by 48 per cent to N224.75 billion in 2020 from N150.46 billion in 2019
02/19/2021
It is targeting to grow its holding to 75 percent and has received regulatory exemption from making a full takeover offer to Stanbic Holdings’ minority investors.
02/19/2021
Standard Bank has been buying the shares in the open market through its investment vehicle Stanbic Africa Holdings Limited.
02/18/2021
Standard Bank has received global recognition for its efforts in assisting SME clients in SA
02/17/2021
Standard Bank is targeting a country that is ranked among the six African states
01/29/2021
JPMorgan gives another endorsement on local banks’ prospects
US investment bank says current valuations are attractive relative to regional and emerging market peers
01/21/2021
The Joint Action Plan was developed following an EIB delegation meeting with the African Development Bank in February 2020