Browsing: Banks & Insurance

The Central Bank of Kenya (CBK) has cleared America’s largest bank, JP Morgan Chase and Co. to set up a…...

The Central Bank of Kenya (CBK) slashed the key lending rate by the largest margin since the onset of the…...

LONDON – AUGUST 22, 2024 09:39 AM (EDT) AM Best has assigned a Financial Strength Rating of B (Fair) and…

Kenya’s banking sector posted an 8.8 per cent decrease inprofitability in 2023 from $1.83 billion (Ksh240.4 billion) in December 2022,…...

Uganda’s Jubilee Health Insurance has launched a new children’s –only medical insurance product dubbed the J-Junior Medical Cover, hoping to…...

Equity Group shareholders have approved the establishment of a new health insurance subsidiary in Kenya, during the 20th annual general…...

The merger between Sanlam and Allianz, which received some favorable opinions from the Regional Insurance Control Commission (CRCA) of the…...

The volume of Islamic banking services in Egypt stood at around 429 billion Egyptian pounds EGP (more than 27 billion…

Zenith Bank plc posted double-digit growth of 10% in gross profit for the year ended December 31, 2021 to N765.6…

The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…

Veritas Kapital Assurance Plc, one of Nigeria’s leading insurance companies, has announced the appointment of Paul Oki as an independent…

The Bank of Algeria announced, through a note published on February 3, 2022 on its website, that commercial banks can…

The Bank of Central African States (BEAC) with the assistance of the World Bank (WB) is looking for consultants for…

For the second consecutive week, the needs of commercial banks in Mali will not be fully covered by the Central…

Ugandan commercial banks earned 12 billion shillings (3 million USD) in commission as insurers during the 3rd quarter of 2021,…

African insurers who are members of the Federation of African National Insurance Companies (FANAF) will hold their ordinary general meeting…

Abdelwahab Nougaoui joins the Wafa Assurance group as advisor to the CEO, according to an announcement made on Monday, January…

Tamer Adel Seif El-Din has been the Chief Executive Officer and Managing Director of the Arab Investment Bank (aiBANK) since…

The president of the Algerian Union of Insurance and Reinsurance Companies (UAR), Benmicia Youcef (photo), announced on January 10, 2022…

The Moroccan Interprofessional Pension Fund (CIMR) increased its shares to 11.55% of the capital of the Banque Centrale Populaire (BCP),…

Proparco and Standard Bank have signed two new guarantees as part of the Choose Africa initiative aimed at accelerating the…

Fired on November 24, 2021 from the boards of directors of Absa Group and Absa Bank with immediate effect, Sipho…

The Bank of Central African States (BEAC) supports the promotion of transparency in the insurance sector through the launch of…

Commercial International Bank (CIB), the main bank in the Egyptian private sector, has launched its green bond program to mainly…

After the economic recession caused by the unexpected oubreak of the health crisis linked to the coronavirus which continues to…

Major changes have taken place in the shareholding structure of Union Bank of Cameroon (UBC) with a stake of 54%…

The Bank of Africa group published on November 22, 2021 on the Casablanca stock exchange, its financial results for the…

Allianz Congo Assurances has been officially part of the SUNU Group since Friday, November 5, 2021, the date on which…

The International Monetary Fund (IMF) has said that by allowing unbanked people with cell phones to access e-naira in Nigeria,…

Approved on December 16, 2019 by the Central Bank of West African States (BCEAO), the Togolese branch of the Development…