Browsing: Banks & Insurance

In 2025, Sofibanque increased its total assets to 1.44 billion dollars, up from 1.33 billion in 2024. During the same…...

The United States has initiated a process targeting Banque Misr UAE, the Emirati entity of Banque Misr, Egypt’s second largest…...

The Banco de Moçambique has ordered credit institutions, financial companies, and mobile wallet operators to refund over 73.2 million meticais…...

The board of directors of Access Holdings approved, on August 27, 2026, the audited interim financial statements of the group…...

The Central Bank of Nigeria (CBN) absorbed 4.720 trillion naira (approximately 3.53 billion USD) of liquidity during two Open Market…...

The Central Bank of Kenya (CBK) has authorized Nedbank Group to acquire up to 66% of the capital of NCBA…...

The average borrowing interest rates published by the Central Bank of West African States (BCEAO) for June 2026 depict a…...

Announced during the board meeting on July 6, 2026, the appointment of Emmanuel N. Nnorom as Chairman of the Board…

At the end of June 2026, banks and financial institutions in the West African Economic and Monetary Union (UEMOA) have…...

The Central Bank of West African States (BCEAO) has reacted by warning the public against the dissemination, on social networks,…

The United Bank for Africa (UBA) group approved, during a board meeting held on Thursday, August 13, 2026, the appointment…

The Central Bank of Egypt (CBE) kept its key interest rates unchanged at its August meeting, extending the pause observed…...

Absa has been appointed to provide custody and administration services for over 3.5 billion rands (218 million USD) of assets…

The NSIA Group is opening a new chapter in the organization of its banking activities. Starting from September 1, 2026,…...

Standard Bank Group, a South African company, reported a record headline profit of 26.1 billion rand (1.61 billion USD) in…...

KCB Group recorded a net profit of 36 billion Kenyan shillings (278.6 million USD) in the first half of 2026,…...

The Central Bank of Nigeria (CBN) is opening up its open market operations (OMO) to a wider range of investors,…...

SAMB’A Assurances launches SAMB’A Exploitation Agrikol, a new micro-insurance solution aimed at agricultural operators in Gabon. Presented as a first…...

Stanbic Holdings Plc anticipates a stronger revenue growth in the second half of 2026, driven by a recovery in loan…...

Stanbic Bank Ghana has become the first bank in Ghana to offer its clients direct access to the Cross-Border Interbank…...

Capitec, the largest bank in South Africa in terms of number of clients, has officially changed its legal name from…...

CIH Bank announced the completion of its cash capital increase open to the public, carried out with the removal of…...

First HoldCo Plc has adopted a distribution policy that provides for the payment of at least 60% of its annual…...

The results published by CCEI Bank GE for the 2025 financial year reflect a clear improvement in its financial performance.…...

Angola has integrated the kwanza as a settlement currency within the Real-Time Gross Settlement System of the Southern African Development…...

The Tanzanian bank NMB has secured financing of 262.5 billion Tanzanian shillings (100 million USD) through a five-year bond denominated…...

Standard Chartered raised its annual revenue growth forecast on Wednesday, July 29, after reporting better-than-expected half-year results. Pre-tax profit stood…...

The Central Bank of Nigeria (CBN) imposed 21 sanctions totaling 430 million nairas (315,000 USD) on financial institutions in 2025…...

The Central Bank of West African States (BCEAO) continues to modernize its payment infrastructure to promote instant, secure, and accessible…

The average maximum rate applied by Nigerian banks to loans decreased to 33.16% in June, down from 34.78% a month…...