Browsing: Bank

Press release ACAM Life of June 19, 2018. Founded in 2015, at a time when the digitization of the activities…

COFINA, Africa’s leading institution for mesofinance, raised more than 16 billion CFA francs, an oversubscription of 60%, which reflects strong…

Ecobank Transnational Incorporated, (ETI) (www.Ecobank.com), the Lomé, Togo -based parent company of the Ecobank Group, announces the departure of Ms…

Societe Generale Maroc (SGMA), will launch an investment program of 784 million dirhams (83 million dollars) over the period 2018-2019…

ABSA is seeking a banking license in Nigeria. The South African banking group which began its activities on the Nigerian…

South African Sanlam plans to enter the Ethiopian and Egyptian markets as part of an expansion strategy that should allow…

Coris Bank International Benin proceeded on Tuesday 05 June 2018 to launch its Islamic window, CBI Baraka at the Azalaï…

The 18th General Assembly of the Agency for Insurance of Trade in Africa (ACA) is being held on June 27…

The minimum capital of Mauritanian banks will be raised by 57% by 2020 according to a correspondence from the governor…

The Bank of China has granted a credit line of 44.9 billion CFA francs to Cameroon, according to an announcement…

It is on a $ 100 million credit agreement that the World Bank (WB) and the Government of Rwanda have…

The National Bank of Equatorial Guinea (BANGE) is planning to move to Cameroon soon. The opening of a subsidiary was…

A study conducted by the agency D-Rating, specialized in rating the digital performance of companies, has just classified CFG Bank…

Societe Generale announced Monday it has agreed to pay fines totaling $ 1.34 billion to put an end to two…

The South African banking group Standard Bank has acquired new shares in Stanbic IBTC Holdings Plc worth N 61.3 billion…

BMCE Bank has launched a new mobile payment service called “DabaPay” announces a statement released Monday, June 04, 2018. This…

On June 1, 2018, Société Générale Marocaine de Banques (SGMB) acquired 34.95% of the share capital of Eqdom from SG…

The Chairman of the Regional Council of Public Savings and Financial Markets (Crepmf), Mamadou Ndiaye, accompanied by a representative sample…

Barclays Africa has announced that it will join the Nigerian Stock Exchange in July as a broker, and says it…

The West African Development Bank (BOAD) plans to mobilize 50 billion CFA francs each year to finance projects related to…

The Kenya government launched last Monday a survey targeting ten financial institutions including nine banks suspected of handling stolen funds…

NSIA Banque Ivory Coast will distribute 12 billion FCFA of dividends, or 18.3 million euros, for the 2017 financial year.…

Technology finance accounts for more than 50% of the 270 mobile banking offerings sold worldwide, 134 million active accounts listed…

The President of the Republic of Cameroon, Paul Biya, signed on May 24, 2018, a decree ratifying the loan agreement…

Ecobank has increased its customer base by 40% in 2017 and aims to reach 100 million customers by the end…

WARA upgraded Coris Bank’s long-term local currency rating International (CBI) from BBB to ‘BBB +’ in May 2018. This rating…

Already listed on the Rwanda Stock Exchange, Bank Of Kigali has just received the green light from its board of…

BICICI (International Bank for Commerce and Industry of Côte d’Ivoire), a subsidiary of BNP Paribas, recorded a decline in its…

Global Finance Magazine, on May 25, 2018, awarded the International Union of Banks (UIB-SGSS) as Best Depository in Tunisia for…

AfricInvest acquires 14.3% stake in Kenyan financial group Britam The pan-African private equity firm AfricInvest has finalized an agreement to…