Browsing: Bank

Discover exclusive insights into the banking landscape across Africa in our “Bank” section. Stay updated on financial trends shaping the continent’s economic future.

Uganda: the central bank maintains its rate at 6.5%

Bank 23 February, 2022

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Egypt: Commercial International Bank announces a profit of around 845 million USD for 2021

Bank 23 February, 2022

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Citigroup interested in commercial banking services in Africa

Bank 22 February, 2022

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Egypt: EFG Hermes chooses Goldman Sachs to assess First Abu Dhabi Bank takeover bid

Bank 21 February, 2022

EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Rwanda: the central bank raises its key rate to contain inflation

Bank 18 February, 2022

The central bank of Rwanda announced on February 17, 2022 that it had raised its key rate by 50 basis…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Kenya: Standard Bank increases its stake in Stanbic Holdings

Bank 17 February, 2022

The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Nigeria: Bank of Industry raises 700 million euros in Eurobonds

Bank 15 February, 2022

Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

AFFINOR freezes Guinea’s gold reserves in a case worthy of Casa de Papel

Bank 15 February, 2022

Suspicious death, on the run and in custody. Here is the big Guinean thriller that keeps the Pandoras of Scotland…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Maroc : the central bank signs a partnership agreement with CDG Invest

Bank 14 February, 2022

Bank Al-Maghrib, the Moroccan central bank, announced on February 10, 2022 in Rabat, a partnership agreement withCDG Invest, Investment Branch…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Nigeria: Paul Oki admitted to the board of directors of Veritas Kapital Assurance

Bank 11 February, 2022

Veritas Kapital Assurance Plc, one of Nigeria’s leading insurance companies, has announced the appointment of Paul Oki as an independent…

Kenya: LOLC Holdings Plc takes control of Key Microfinance Bank

Bank 8 February, 2022

LOLC Holdings Plc, a Sri Lankan holding company, will acquire nearly 73.2% of the shares of Key Microfinance Bank Plc,…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

The EBRD grants a 20 million euro loan to Societe Generale Morocco to support green projects

Bank 4 February, 2022

The European Bank for Reconstruction and Development (EBRD) granted a loan of 20 million euros to Societe Generale Morocco through…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Algerian banks authorized to open currency cash accounts

Bank 4 February, 2022

The Bank of Algeria announced, through a note published on February 3, 2022 on its website, that commercial banks can…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Sharp 281% rise in profit for Ecobank Transnational Incorporated

Bank 3 February, 2022

The CEO of the largest pan-African banking group, Ade Ayeyemi, can show a smile. [1 dollar USD = 580.5 CFA…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Côte d’Ivoire: SIB opens a 3rd “Business Center” in Abidjan

Bank 2 February, 2022

The Ivorian Banking Company (SIB) opened its third “Business Center”, a self-service space dedicated to businesses on February 1, 2022…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

CEMAC: BEAC will assess the resistance of banks to systemic and macroeconomic risks

Bank 1 February, 2022

The Bank of Central African States (BEAC) with the assistance of the World Bank (WB) is looking for consultants for…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

GuarantCo grants a USD 25 million portfolio guarantee to Orabank Togo

Bank 27 January, 2022

GuarantCo, a member of the Private Infrastructure Development Group (PIDG), granted a portfolio guarantee of approximately 14.55 billion FCFA, or…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Mali: liquidity injection maintained at 209 billion FCFA this week

Bank 26 January, 2022

For the second consecutive week, the needs of commercial banks in Mali will not be fully covered by the Central…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Bancassurance: Ugandan banks earn 3 million USD in commission in the 3rd quarter of 2021

Bank 26 January, 2022

Ugandan commercial banks earned 12 billion shillings (3 million USD) in commission as insurers during the 3rd quarter of 2021,…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

The ordinary general meeting of FANAF opens on February 24th

Banks & Insurance 25 January, 2022

African insurers who are members of the Federation of African National Insurance Companies (FANAF) will hold their ordinary general meeting…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

GTBank Kenya obtains USD 15 million loan from IFC

Bank 25 January, 2022

The International Finance Corporation (IFC) has granted a USD 15 million loan to GTBank Kenya, a subsidiary of the Nigerian…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Maroc: Wafa Assurance recruits Abdelwahab Nougaoui for reinsurance projects

Bank 24 January, 2022

Abdelwahab Nougaoui joins the Wafa Assurance group as advisor to the CEO, according to an announcement made on Monday, January…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Afrique du Sud: Standard Bank in the digital age

Bank 24 January, 2022

Standard Bank Group Ltd announced on Monday January 24 that 99% of its transaction volumes in South Africa are now…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

China: Central bank lowers benchmark rate for second time in a month

Bank 20 January, 2022

The Chinese Central Bank lowered, Thursday, January 19, one of its reference interest rates in order to support the economy.…...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

What's New

What's Hot

Browsing: Bank

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required

Membership Required