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Bank & Finance

Nov 16, 2015
The African Development Bank (AfDB) reiterating its commitment to supporting efforts seeking to address the continent's infrastructure needs. Moono Mupotola, AfDB's director for NEPAD, Regional Integration and Trade, said implementation…
Nov 09, 2015
Ecobank Nigeria and Deutsche Bank have signed Memorandum of Understanding (MoU) to expand trade finance relationship. Under the arrangement, Deutsche Bank will provide export credit guarantee programs GSM-102 to Ecobank…
Nov 06, 2015
The Federal High Court in Lagos on Wednesday restrained the Financial Reporting Council of Nigeria (FRCN) from interfering with the operations of Stanbic IBTC Holdings (SIBTCH), Plc. Also, the Standard…
Jun 03, 2015
Zambian Treasury bills are among the best deals in Africa, according to Standard Bank Group That’s if you accept the government’s pledge not to overspend in the run- up to…
May 19, 2015
The Barclays Africa board fended off a mild onslaught from shareholders on recent performance, executive remuneration and CEO Maria Ramos’s time commitments. Shareholder activist Theo Botha led the onslaught. It…
May 13, 2015
Biometric technology is fast becoming the preferred choice of authenticating the identity of an individual. Globally, biometric technology is gradually replacing traditional passwords and PIN-based access in mobile banking and…
May 12, 2015
Since the start of the year the local currency has depreciated more than 16 percent; and what’s worse, analysts fear the cedi could depreciate further. Last year the cedi declined…
May 11, 2015
The government of India is set to name ICICI Bank chairman KV Kamath as the first president of the BRICS Bank, the multilateral funding agency with Brazil, Russia, India, China…
Apr 29, 2015
Ghana Home Loans has launched a series of products to enable UK-based Ghanaians to acquire land, buy property, or undertake construction of residential homes in Ghana. The long-term loan products…
Apr 21, 2015
Customers of MTN Mobile Money and M-Pesa in East Africa will be able to transfer money to each other following an agreement between MTN Group and Vodafone Group to interconnect…
Apr 16, 2015
In Sub-Saharan Africa, mobile wallets are a huge deal. While it's been that way for years, the World Bank's latest Global Financial Inclusion database gives us solid details on just…
Apr 14, 2015
WRITING in his latest annual “Gates Notes” letter, Microsoft founder and philanthropist Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in…
Mar 31, 2015
South African insurers looking for growth in the rest of Africa need to move fast as they can expect strong competition from large European insurers chasing the same markets. Victor…
Mar 30, 2015
BARCLAYS Africa Group, which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading licence in Nigeria in addition to…

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