Browsing: Bank

The Nigerian bank Zenith Bank Plc has announced its intention to exit the regulatory forbearance regime imposed by the Central…...

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

N’Djamena, Chad – June 19, 2025. Coris Bank International officially launched its brand in Chad on June 18, 2025, marking…

Bloomfield Investment Corporation, the pan-African rating agency, confirmed, following its latest rating committee (June 2025), the credit ratings of BOA…

Abidjan, June 2025 – Following its latest assessment, Bloomfield Investment Corporation has confirmed the long-term rating of Bank of Africa…

Coris Bank International officially launched its Chadian subsidiary on June 18, marking its entry into the banking market of the…

The Central Bank of Nigeria (CBN) has issued a new strict directive aimed at strengthening the financial stability of the…

Ecobank Togo recorded a net profit of 15.8 billion CFA francs (around 28 million USD) at the end of the…

New banks will be allowed to operate in Kenya as long as they meet the minimum core capital requirements, the…...

Listed lender Stanbic Bank has cut a deal with Kenya’s criminal investigations body to stop the police from looking into…...

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Ecobank Kenya has raised its capital base to $65 million after injecting $27 million in fresh capital that will support…...

In an unexpected overnight decision, Tunisian President Kaïs Saïed has dismissed Prime Minister Kamel Madouri, who had been appointed in…...

Cape Town, February 28, 2025 – The ECOWAS Bank for Investment and Development (EBID), the European Investment Bank (EIB), with…

Uganda’s central bank has held its main lending rate at 9.75 percent on Thursday, citing inflation looked contained despite uncertainties…...

The Central Bank of Kenya (CBK) has cut its benchmark lending rate for the fourth monetary policy meeting in a…...

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

South Sudan’s central bank has threatened to terminate Stanbic Bank’s licence in a dispute concerning millions of dollars that were…...

Several companies have exited Zambia and Zimbabwe due to currency instability and challenging economic conditions. Among the latest firms to…...

Tanzania’s central bank has maintained it benchmark rate at six percent in the latest review, holding it for the third…...

Access Bank Plc has raised $228 million in a rights issue from 17.8 billion ordinary shares as it embarks on…...

Tanzania’s central bank has scraped card payments fees and warns merchants against adding extra charges on these transactions. The country’s…...

December 19, 2024 The ECOWAS Bank for Investment and Development (EBID) has approved a total funding package of FCFA10 billion…

McKinsey Africa will pay $122.85 million as fine to conclude a criminal investigation into a years- long bribery ring involving…...

The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr George…

Ecobank Transnational Incorporated (ETI), has issued a $400 million Eurobond on the London Stock Exchange (LSE) main market that will…...

Equity Group has reported a net profit of $304.2 million for the third quarter of the year, representing a growth…...

Ecobank Transnational Incorporated (ETI) has partnered with Nium, a Singapore-headquartered cross- border payments company for seamless cross border payments across…...

Ethiopian commercial banks will be required to disclose to customers all fees and commissions relating to forex transactions effective immediately,…...

Lomé, 3 October 2024-The ECOWAS Bank for Investment and Development (EBID) and CORIS Bank International Côte d’Ivoire have extended a…