Browsing: Banks & Insurance

From now on any customer holding a bank card of the New Bank of Mauritania (NBM) can perform a transfer…

The Arab Bank for Economic Development in Africa (BADEA) and the Regional Bank of Markets (BRM) of Senegal signed on…

The IFC, a subsidiary of the World Bank in charge of the private sector, is the subject of a claim…

Foreign currency deposits in Nigerian commercial banks reached 5,542 billion naira, equivalent to 15.3 billion USD at the end of…

The 2018 vintage will not remain exceptional in Saham Assurance’s accounts. The company recorded a net profit down 8.5% to…

By Eric Maniable * We propose a little soap opera on the theme of the redemption rate curve. This first…

Meeting on 14 February 2019, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to reduce…

Recently introduced on the Casablanca Stock Exchange, Mutandis closed the year 2018 with a 40% increase in its net profit…...

 The African Export-Import Bank (Afreximbank) has upgraded its compliance function to a full department, naming long-serving banker Maureen Mba as Director.…

The Cameroonian subsidiary of the French group Société Générale has seen a sharp increase in net banking income (GNP) in…...

The African Export-Import Bank (Afreximbank) has appointed Humphrey Nwugo as Regional Chief Operating Officer for its Harare-based Southern Africa Regional…

Financial Afrik met with Citi’s CEO for the Middle East and Africa. In this role since 2015, Atiq Rehman outlines…

Bank of Tanzania (BoT), the central bank of the East African country is forecasting a 0.1% rise in economic growth…

According to the Treasury and Public Accounting Department of Côte d’Ivoire, the country’s banking sector recorded a balance sheet total…

By Amath Ndiaye, Senior Lecturer, University Cheikh Anta Diop of Dakar. The debate on the CFA arouses a lot of…

The volume of premiums issued in life and non-life is down slightly for Africa (1.3%) over the period 2013 to…...

South Africa’s insurer and financial services group, Sanlam, has announced the complete resumption of the Rwandan insurance companies Soras Assurance…...

At the end of the first half of 2018, the Gabonese reinsurer saw a decrease of 2.56% of the turnover…...

French bank Société Générale has announced its goal of increasing its market share in its Ghana operations to 7%. “We…

Economist and banker Cheickna Bounajim Cisse has just published “FCFA – Hidden Face of African Finance” (Ed BoD, 2019). The…

According to the Evolution of the Togolese Financial System presented in the National Development Plan (NDP), the analysis of the…

According to its results not yet audited, the Tunisian insurance company Salim recorded, in 2018, a 13% increase in its…

In Nigeria, Guinea Insurance Plc’s activities were suspended by the National Insurance Commission (NAICOM) in a decision issued on January…

The Ghanaian subsidiary of the Old Mutual Insurance Company has announced the appointment of a new General Manager in the…

The Federal Government of Nigeria has allocated a 5.12-hectare piece of land in Abuja to the African Export-Import Bank (Afreximbank)…

After almost ten years in the top management of the world’s largest financial companies, the Franco-Ivorian banker is expected to…...

The Central Bank of Nigeria (CBN) injected on Tuesday, January 29, 210 million USD on the interbank foreign exchange market…

In Togo, less than 1% of bank loans go to the agricultural sector, which accounts for 60% of the active…

Emirati Emirates Bank NBD won for the second time in a row the “Best Bank” award in Egypt for 2018…

According to a statement issued by the Banque de l’Habitat (BH), the institution’s NBI rose by 17.5% in 2018 to…