Browsing: Bank

Co-operative Bank of Kenya announced on Wednesday (May 19th) that its net profit was 3.46 billion shillings (32 million USD)…

The African Development Bank (AfDB) consolidates its position as one of Cameroon’s main development partners with around thirty active projects.…

Access Bank Plc has completed the acquisition of Mozambican bank, African Banking Corporation, nine months after negotiations began. The amount…

The Mauritanian Bank for International Trade (BMCI) has partnered with TagPay to roll out its digital bank Masrvi, aimed at…

The UEMOA Regional Mortgage Refinancing Fund (CRRH-UEMOA), in partnership with the World Bank, organized on Monday 3 and Tuesday 4…

Announced behind the scenes, the resignation of the Director General of the Ivorian Bank Company (SIB), Daouda Coulibaly, is effective.…

The ECOWAS Investment and Development Bank (EBID) is issuing from this Monday, May 10, 2021, on the financial market of…

The Vista Bank group announced this Monday, May 10, that it had chosen the payment service provider Radar Payments from…

The Central Bank of Kenya (CBK) tasked the Kenya Deposit Insurance Corporation with liquidating the Charterhouse Bank (CHB), 15 years…

The South African National Treasury has announced that it will continue with plans to introduce a new state bank. A…

Kenyan start-up Lami raises $ 1.8 million to boost digital insurance Kenyan insurtech startup Lami Technologies has successfully raised $…

The Ivorian banker who has been operating in the Indian Ocean in recent years shares a different perspective on the…

Allianz is now the majority shareholder of Jubilee General Insurance Limited in Kenya following the acquisition of a 66% stake…

Dina El Kadry launches the first mortgage intermediation platform in Senegal. Former director of mortgage loans at the CBAO Attijariwafa…

The Sanlam Group is strengthening its stake in Saham Assurance Maroc, increasing it from 61.7% to 84.5% of the share…

Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources…

The sanction of the Central Bank of Nigeria (CBN) was not long in coming. The authority on Thursday (April 29)…

Following the closing of the accounts for the 2020 financial year of the pan-African banking group Oragroup during its Board…

After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set to lag…

Absa bank launched its contactless payment service via QR Code on its mobile application. This initiative is part of a…

Moroccan banking group Bank of Africa has signed a partnership contract with financial software developer Finastra to digitize business processes.…

The after-tax profit of Société Ivoirienne de Banque (SIB), a subsidiary of the Moroccan banking group Attijariwafa Bank, recorded at…

On March 15, 2021, Outsource Monetic ™, an Atlanta GA-based startup, officially began commercial and technical operations in West and…

The financial holding company BGFIBank is at the head of a banking pool for the sale of the receivables of…

The net banking income (NBI) of Attijari Bank of Tunisia recorded a slight increase of 3.31% at the end of…

After receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB), led by its CEO, Hana Al Rostamani, announced that…

(1 dollar = 42.78 Birr). The National Bank of Ethiopia (NBE) now requires new banks to have capital of Birr…

Côte d’Ivoire’s EDC Asset Management (EAM) file has not finished revealing its secrets. Two and a half months after Financial…

Credit rating agency Moody’s said Moroccan banks’ profitability was put under pressure in 2020 due to several factors. These are…

The new EquityBCDC bank, a subsidiary of Equity Group Holdings Plc of Kenya in the Democratic Republic of Congo (DRC),…