Browsing: Banks & Insurance

According to the results of a liquidity injection operation of 700 billion CFA francs (1.2 billion USD) carried out on…...

Faisal Islamic Bank of Egypt (FAIT) has published its unaudited independent financial results for the fiscal year ending on September…...

The Central Bank of Kenya (CBK) did not pay dividends to the Treasury for the financial year ending in June…...

TAJBank Limited, one of the leading Nigerian banks offering interest-free loan products, has made a splash in the finance market.…...

On September 19 in Abidjan, the African Development Bank (AfDB) and Bridge Bank Group Ivory Coast formalized a financing agreement…

The Banque Centrale Populaire (BCP) group recorded an increase in its results in the first half of 2025. Consolidated resources…...

United Bank for Africa Plc (UBA) reported an after-tax profit of 335.53 billion naira (436 million USD) for the first…...

Kenbe Investments, an investment fund controlled by William Byaruhanga, former Ugandan Attorney General, has acquired half of the shares of…

The Central Bank of Kenya (CBK) has officially obtained the ISO/IEC 20000-1:2018 certification, an international standard for IT service management…...

Standard Chartered Bank Kenya has assured its shareholders that it will comply, without risk, with the Supreme Court decision to…...

Out of a total of 1.2 billion CFA francs (2.09 million USD) offered by the Bank of Central African States…...

Société Générale Côte d’Ivoire is reported to have a net profit increase of 10%, reaching 53 billion CFA francs (89.3…...

Union Bank of Nigeria Plc is absorbing all activities and branches of Titan Trust Bank starting this Monday, September 1,…...

The Central Bank of the Republic of Guinea (BCRG) received a new batch of banknotes on Sunday, August 31, intended…...

In its report published on August 28, 2025, the World Economic Forum (WEF) highlighted Rawbank’s role in structured financing in…...

Coris Bank International SA (CBI SA) confirms its strength and central role in financing the Burkinabe economy. The banking group…...

Stanbic Bank has appointed Joshua Oigara as the regional chief executive officer for East Africa. He is set to take…...

A new breath for the Zambian economy. The country signed, on August 18, 2025 in Lusaka, an investment agreement with…...

Jaiz Bank Plc, the first Nigerian Islamic bank, announced that it has reached the recapitalization threshold set by the Central…...

The Central Bank of Congo (BCC) announced on Monday, August 18, 2025, that it had sold 50 million US dollars…...

The Agency for the Promotion of Congolese Middle Classes (APROCM) and Access Bank DRC officially signed a strategic partnership of…...

Equity Group Holdings shareholders have given their approval for the opening of a representative office in the United Arab Emirates…...

The Shelter Afrique Development Bank (ShafDB) has signed a $15 million loan agreement with the Mauritanian Investment Bank (BMI) to…...

Abuja, June 20, 2025 – The African Export-Import Bank (Afreximbank) will hold its 32nd Annual Meetings (AAM2025) from June 25…

It is now official: Société Générale Maroc gives way to Saham Bank. The announcement was made on June 18, 2025…...

African Trade and Investment Development Insurance (ATIDI) is eyeing entry into the Northern and Southern African countries led by Egypt,…...

The Central Bank of Kenya (CBK) has cleared America’s largest bank, JP Morgan Chase and Co. to set up a…...

The Central Bank of Kenya (CBK) slashed the key lending rate by the largest margin since the onset of the…...

LONDON – AUGUST 22, 2024 09:39 AM (EDT) AM Best has assigned a Financial Strength Rating of B (Fair) and…

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