02/03/2015
ICBC buys stake in Standard Bank’s UK business
Standard Bank said on Monday it had completed the sale of a majority stake in its London-based global markets business to Industrial and Commercial Bank of China, but for about 10 per cent less than it had previously announced.
01/26/2015
Barclays Bank of Kenya has identified Chinese business investors in Kenya as a key investment banking growth driver this year
01/23/2015
It will not offer commercial banking services, such as taking deposits or lending, as only Ethiopian state-owned or private institutions are allowed to run such operations.
01/20/2015
Investment bankers earned lower fees for services in sub-Saharan Africa last year than the previous year as fewer deals were completed and debt issuance fell.
01/20/2015
The Johannesburg-based lender has already written down the value of the metal by about half and said last month that any recovery was highly uncertain.
01/19/2015
The banking giant said on Friday that it would assess Nigeria’s suitability to remain in the key emerging currency bond index because of a lack of liquidity in the African country’s forex and bond markets, reuters reported. It has already plac
01/19/2015
Standard Bank Group, Africa’s largest lender by assets, has been named Best Foreign Exchange Provider in Africa for a third successive year for the 2015 Global Finance World’s Best Foreign Exchange Providers Awards.
01/16/2015
London-based International Finance Magazine has conferred the 2014 award for 'Best Investment Bank' in Nigeria to Dunn Loren Merrifield.
01/16/2015
China has become big in Africa. Now for the backlash
01/15/2015
Nigeria’s Access Bank Plc has opened a representative office in China in its bid to become the world’s most respected African bank.
01/15/2015
According to the bank’s Marketing and Communications Sazikazi Hlophe, the bank did not only win the prize money but an additional trophy
01/09/2015
This has pushed-up valuations to an average price-earnings ratio of 13.6 for the banking sector
01/06/2015
Ecobank has been named Investment Bank of the Year in the Wealth and Finance International magazine Finance Awards 2014.
12/29/2014
Ecobank continued to contribute positively to the African economy by increasing the levels of credit available to businesses while at the same time generating long-term value for its shareholders.
12/18/2014
What does the label say?
12/12/2014
An over-subscription of US400 million was obtained, allowing for a final take of US700 million.
12/11/2014
The ability of the Ecobank Transnational Incorporated (ETI), the Lome-based parent company of the Ecobank Group, to do more business and generate more revenue has been boosted as the bank received $200 million senior unsecured loan facility from Deuts
12/11/2014
Discussions at the forum also sought to address questions about the M&A transaction pipeline as we move into 2015
12/11/2014
Global advice firm deVere announced plans to expand further around the world, claiming it will see a 25 per cent growth in business next year.
12/09/2014
Investment deals in Africa linked to French companies with experience on the continent could help China tap into the growth of the emerging market