BankingFeaturedThe Access Bank UK Ltd: Winner of International Finance Awards 2019International Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services... Read more
BankingExclusiveStandard Chartered launches 8 African digital-only banks within a yearInternational FinanceFebruary 28, 2020March 18, 2020 by International FinanceFebruary 28, 2020March 18, 2020 The decision to launch digital-only retail banks was driven by increasing consumer demand... Read more
BankingFeaturedSouth Africa slashes interest rates to lowest in four yearsInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%... Read more
Business LeadersOliver Alawuba named as the new CEO of UBA AfricaInternational FinanceJanuary 7, 2020January 8, 2020 by International FinanceJanuary 7, 2020January 8, 2020 UBA Africa now serves over 19 million customers across the continent... Read more
BankingKenyan banks outperform Nigerian counterpartsPritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 According to Moody’s report, technology helped Kenyan banks to be more efficient... Read more
BankingStandard Chartered launches digital loans for Kenyan youthPritam BordoloiNovember 15, 2019 by Pritam BordoloiNovember 15, 2019 The average age of a Standard Chartered customer is 50 plus... Read more
BankingAl Baraka Bank Egypt records EGP538mn net profit for H1 2019International Finance DeskAugust 24, 2019December 16, 2019 by International Finance DeskAugust 24, 2019December 16, 2019 The bank’s total investments and financing in the same period reached EGP46.5 billion, with a growth rate of 12%... Read more
BankingNigeria enacts new banking debtor asset surveillance lawInternational Finance DeskAugust 8, 2019 by International Finance DeskAugust 8, 2019 The new bill gives the authorities the power to place bank accounts of a debtor under surveillance and to seize devices... Read more
BankingStandard Bank on target to raise stake in Kenya’s Stanbic to 75%International Finance DeskJuly 18, 2019December 16, 2019 by International Finance DeskJuly 18, 2019December 16, 2019 The South African bank has increased its stake in Stanbic to 69.1% by December 2018... Read more
BankingSouth Africa’s central bank prepares to sell 50% stake in African BankInternational Finance DeskJuly 5, 2019December 16, 2019 by International Finance DeskJuly 5, 2019December 16, 2019 African Bank was placed under the central bank five years ago when low-income clients failed to pay back personal loans... Read more