Managers of Wealth Africa

FBN Holdings moves to acquire merchant banking licence

On the group’s 2014 to 2016 strategic plans, Maccido said that it would invest in its subsidiaries to drive growth and leverage contributions from the non-banking subsidiaries

Banking sector sustains strong profitability trend in first quarter

The report indicates that total expenses also decreased by 2.4 per cent

Three Nigerian Banks Win Error-free Processing Award

Ecobank Nigeria, Fidelity Bank Plc and Stanbic IBTC were at the weekend presented with the Deutsche Bank US Dollar Straight Through Processing excellence award for 2013.

IFC acquires additional 4.6% stake in ETI

A document submitted to the NSE indicated that IFC is acquiring the shares through its managed funds-IFC ALAC Holding Company II and the IFC Capitalization (Equity) Fund LP

Stanbic Bank ranked second in corporate reputation

The Reputation Institute, a leading international organisation devoted to advancing knowledge about corporate reputations, carries out an annual survey to establish a list of South Africa’s most reputable companies.

Standard Chartered holds MENAP Bankers Conference 2014 in Turkey

Forum discusses opportunities and challenges in the regional and global banking sector

UBA boss tasks CFOs on growth facilitation

He explained that all the sectors of the economy play significant role in the economic development.

Reserve Bank of Zimbabwe rules out bank shareholding changes

Foreign institutional investors have majority stakes in some of Zimbabwe’s major banks-owned banks

SA bank withdrawal fees compared

With FNB's 2014/15 banking fees set to kick in on 1 July 2014, which South African bank charges the least to withdraw from a middle-market account?

Kenyan Banks Cash-In On Growing Diaspora Remittance Business

An increase in the volume of cash remitted by Kenyans working or living abroad has attracted the attention of local and international banks, telecommunication and money transfer firms; all keen to cash-in on this growing segment of the market.

Barclays to keep two Tanzanian banks

he arrangement in Tanzania also raises questions about Barclays’ "One Bank in Africa strategy"

StanChart promises more cash for manufacturing sector

We are already developing products such as supply chain and accounts receivable financing

SG Ghana, EIB to provide €20 million support to SMEs

This is the first initiative within a planned EUR 80 million European Investment Bank programme expected to leverage at least EUR 160 million investments across the country.

Capitec former CEO excited by bank business after selling shares

Capitec, South Africa’s second-largest provider of unsecured loans, is setting aside more money for bad debt

Nigeria: Leadership Centre Honours FCMB Founder

The Centre for Values in Leadership has honoured the founder of the First City Monument Bank Group, Olasubomi Balogun for his contribution to the growth of the Nigerian financial services sector.

BRICS close to launching bank, to start lending in 2016

Nations will likely fund the $100 bn development effort equally

KPMG Rates Zenith As Nigeria’s Most Customer-Focused Bank

International management consulting firm, KPMG has rated Nigeria’s Zenith Bank Plc. as the “best customer-focused bank” in the country for the second year running.

South Africa's Standard Bank says bad debts tick higher

Credit impairments have increased moderately due mainly to a tougher domestic environment

Standard Bank: Bad debts tick higher

Standard Bank is due to hold its annual general meeting on Thursday

Saxo Bank sees growth in Middle East and Africa - CEO

This region has great concentration of wealth and a stronger regulatory environment now

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