08/14/2014
The company has already obtained an investment licence from the Zimbabwe Investment Authority to start its operations but the bank has been submitting funding approvals from shareholders and other relevant authorities.
08/14/2014
South Africa's Standard Bank said on Thursday it took an $80 million writedown from its exposure to a suspected metal financing fraud in China.
08/11/2014
The 40 million euro credit line opened in 2013 by Germany’s Commerzbank in favour of Angola’s Banco de Negócios Internacional has been increased to 70 million euros
08/11/2014
CRDB Bank has launched a special banking platform for Indian business communities’ that will allow them to utilize the banks numerous financial facilities without necessarily having to open accounts with the bank.
08/08/2014
Nedbank’s Corporate Property Finance Division head retires
Who is also independent non-executive director of JSE-listed property funds Sycom and Acucap, made steady growth on Nedbank’s loan books.
08/06/2014
Disbursements for nine months ended june 2014 declined to r14.1 billion, 20% lower than disbursements of r17,7 billion for comparable period
08/06/2014
The strategic partnership has already seen both companies commit to a US$ 350 million financing agreement
08/06/2014
Standard Bank Group Ltd. (SBK)’s Kenyan unit is targeting becoming one of the country’s three biggest lenders and may make acquisitions to achieve that goal, the division’s chief executive officer said.
08/05/2014
Net income rose to 6.17 billion rand ($582 million) in the six months through June from a restated 5.59 billion rand a year earlier.
08/04/2014
ThankGod Agbagu views the paved roads and skyscrapers that have sprung up in Lagos, Africa’s largest city, as the signs of a brighter future.
07/31/2014
Higher growth in costs in the half-year to June 30 reflected investment in Barclays Africa’s four-pronged strategy on which it had made strong progress, according to group chief executive Maria Ramos.
07/30/2014
For Banco Espírito Santo, Questions Over Angolan Subsidiary
07/30/2014
Barclays Africa is spending money to refurbish branches
07/30/2014
President Jacob Zuma has promised radical economic transformation over the next five years to create jobs and spread wealth to the black majority
07/28/2014
The trouble is the New Development Bank, as it will be branded, will have to spend some of its capital on getting itself off the ground
07/22/2014
The Group intends to boost its efficiency in all business areas, having established its pan-African footprint across 35 countries in Africa with international offices in Paris, London, Dubai and Beijing.
07/18/2014
Ecobank Capital’s entry into Kenya follows its acquisition of the investment advisor Iroko Securities Kenya Limited in July 2013
07/18/2014
President Jacob Zuma returned from the sixth Brics summit in Brazil yesterday and hailed the establishment of the bloc’s new development bank as “an everlasting legacy that will change the face of global economics and the face of all the devel
07/17/2014
In a sign of Africa's growing confidence in India's investment potential to boost its growing economy, Ethiopia has sought that the Indian banking system engage with this East African nation's financial sector despite its banking sector bei
07/16/2014
The awards ceremony, held at London’s Natural History Museum on Thursday, 10 July, follows recent recognition as ‘Best Bank in Cash Management’ by Euromoney in 2010 and ‘Best Bank in Ghana’ by The Banker in 2012.