Browsing: Bank

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…

EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…

The central bank of Rwanda announced on February 17, 2022 that it had raised its key rate by 50 basis…

The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…

Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated…

Suspicious death, on the run and in custody. Here is the big Guinean thriller that keeps the Pandoras of Scotland…

Bank Al-Maghrib, the Moroccan central bank, announced on February 10, 2022 in Rabat, a partnership agreement withCDG Invest, Investment Branch…

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

LOLC Holdings Plc, a Sri Lankan holding company, will acquire nearly 73.2% of the shares of Key Microfinance Bank Plc,…

The European Bank for Reconstruction and Development (EBRD) granted a loan of 20 million euros to Societe Generale Morocco through…

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

The CEO of the largest pan-African banking group, Ade Ayeyemi, can show a smile. [1 dollar USD = 580.5 CFA…

The Ivorian Banking Company (SIB) opened its third “Business Center”, a self-service space dedicated to businesses on February 1, 2022…

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

GuarantCo, a member of the Private Infrastructure Development Group (PIDG), granted a portfolio guarantee of approximately 14.55 billion FCFA, or…

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…

The International Finance Corporation (IFC) has granted a USD 15 million loan to GTBank Kenya, a subsidiary of the Nigerian…

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

Standard Bank Group Ltd announced on Monday January 24 that 99% of its transaction volumes in South Africa are now…

The Chinese Central Bank lowered, Thursday, January 19, one of its reference interest rates in order to support the economy.…

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

The 72nd session of the Board of Directors of BMS-SA held on November 30, 2021, proceeded to the appointment of…

The president of the African Import-Export Bank (Afreximbank), Benedict Oramah, revealed this Thursday, January 13 in Accra (Ghana) that his…

West Africa Rating Agency (WARA) affirms the long-term rating of the Banque de l’Habitat du Senegal (BHS) at “BBB”. Simultaneously,…

Morocco’s Minister of Economy and Finance Nadia Fettah Alaoui (photo) said on January 10, 2022 that her country intends to…

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

The articles recently published by Financial Afrik on the issue of the scandal shaking Shelter Afrique are based on the…