Browsing: Bank

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

A recent research report by Rabee Securities showed that Bank of Baghdad’s profit before tax decreased by 3% quarter on…

BancABC, a Botswana commercial bank, announced on Tuesday (November 30th) that it will now operate under the name Access Bank…

The European Investment Bank plans to grant a new long-term facility of 30 million euros to the Development Bank of…

South African microfinance firm Barko announced Thursday, October 28, that it will launch a new digital bank built on Temenos…

The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly…

The Co-operative Bank’s net profit was 7.4 billion shillings (68 million USD) in the first half of 2021, an increase…

The African Development Bank Group announced on August 17, 2021 that it had excluded, for a period of 18 months,…

Mauritius Commercial Bank (MCB) and Bank of Kigali signed on July 26, 2021, a loan facility of $ 20 million…

The 2021 Annual Meetings of the African Development Bank Group opened on Wednesday, virtually, devoted the first discussions on African…

The number of complaints received by banking mediators in Tunisia for the year 2019 amounted to 217, keeping the same…

Kingdom Bank announced on Thursday (June 10th) that it expects to post a pre-tax profit of at least 300 million…

The Moroccan banking group Attijariwafa bank through its brokerage firm Attijari Securities Central Africa (ASCA) is the arranger of the…

The South African bank African Bank on Thursday, May 27, published its financial results for the year ended March 2021.…

As of March 31, 2021, Absa Bank’s net profit stood at 2.42 billion shillings (22 million USD), up 23.7% from…

Societe Generale Maroc announced Thursday, May 20, that it had appointed Karim El Hnot to the post of Deputy Director…

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

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

Cairo-based digital bank Telda has raised $ 5 million as part of a pre-seed funding round. This is the largest…

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…

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

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

AZA Finance’s merger with South African fintech Exchange4Free aims to double the volume of annual transactions to more than $…

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

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…

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

The Board of Directors of the Absa Bank Group on Tuesday April 20 appointed Jason Quinn as interim CEO with…

South African bank African Bank has just announced the appointment of Kennedy Bungane (46) as CEO and Executive Director of…