08/27/2015
Standard Bank Malawi Wins Global Investor/ISF Awards
It is the first time that Malawi has featured in the Global Investor/ISF sub custodian survey
Investment Banking
08/27/2015
Access Bank plans to raise new funds
Foreign investors only contributed N290 million while domestic investors accounted for N40.7 billion.
08/24/2015
Arqaam to host the second GCC and Africa Investors Conference
Arqaam Capital, the specialist emerging markets investment bank, today announced that it is hosting its second GCC and Africa Investors Conference on 14 and 15 September 2015 at the St. Regis Saadiyat Island, Abu Dhabi.
08/19/2015
Access Bank Misses Share Sale Target as Nigeria Investors Exit
The Lagos-based bank offered 7.63 billion shares at 6.90 naira to existing shareholders in March at a ratio of one for three.
08/19/2015
AfDB bails out Zimbabwe
Zimbabwe’s bid to join the African Trade Insurance Agency (ATI) has received a major boost after the African Development Bank (AfDB) chipped in with $4 million of the money required to get registration, Finance minister Patrick Chinamasa has said.
08/17/2015
Standard to invest gains in Africa units
It will rather be focusing on firming up its African operations, specifically its forays into Ethiopia and Côte d’Ivoire.
08/17/2015
Standard Bank’s finance chief on way out
The disposal of its loss-making London unit was excluded from headline earnings.
08/17/2015
Barclays Bank plays catch-up, eyes small business lending
Equity Bank and Kenya Commercial Bank Group, Kenya’s biggest lenders by depositors and assets respectively, recorded double-digit profit growth for the period
08/17/2015
Standard Bank profit higher on asset sales
Standard Bank’s sale of a majority stake in its London-based global markets business to the Industrial and Commercial Bank of China in February boosted headline earnings by 27 percent to R10.5 billion for the six months to June, enabling it to focus
08/13/2015
PriceWaterhouseCoopers named SA's Business of the Year at 12th Annual Standard Bank Top Women Awards
Announced on 6 August 2015 at Emperors Palace at the annual Standard Bank Top Women Awards
08/13/2015
Standard Chartered Bank Wins Awards
We are delighted that Global Finance has recognised our industry-leading digital banking capabilities.
08/11/2015
Liberty looks to expand in Africa
South Africa’s fourth-largest insurer, Liberty Life, intends challenging Old Mutual in the rest of Africa as it announced last week that it had boosted its acquisition war chest on the continent to R1.3 billion.
08/11/2015
UBA wins award as largest lender to agriculture
UBA was honoured on the night for consistently supporting the growth of agriculture in Nigeria.
08/07/2015
Access Bank Introduces Scheme to Ease Customers’ Trade
He described FLOWS as a unique combination of import finance and logistics services targeted at importers of non-perishable, fast moving and unrestricted goods.
08/06/2015
Zimbabwe receives $210m in foreign loans for projects
The country has in recent times struggled to borrow due to a foreign debt overhang of about $9 billion.
08/05/2015
German development bank boosting investment support for renewables in Africa
Germany’s government-owned KfW development bank group plans to establish a specific line of credit “to fund renewable and energy-efficient projects” in Africa
07/31/2015
Africa gets $830m infrastructure fund
The very strong expression of commitment from African countries is the first indispensable step to attracting institutional investors.
07/30/2015
African Development Bank: New leadership, same direction
The Nigerian says his priorities are infrastructure, private-sector lending and inclusive growth.
07/29/2015
Stanchart dominates consumer digital bank awards
Standard Chartered Bank dominated Global Finance Magazine’s 2015 Best Consumer Digital Bank Awards in Asia, Africa and the Middle East.
07/27/2015
The BRICS bank: Is it a game-changer?
The NDB is to be headed by a rotating five-year term leadership with the first president, Kundapur Vaman Kamath, coming from India.