The Commercial Bank of Ethiopia (CBE) is reported to have successfully recovered approximately $10 million…
Browsing: Banking
Ethiopia’s banking sector faced a major setback recently when the country’s largest bank, the Commercial…
Access Holdings, the parent body of Access bank, has announced plans to acquire the National Bank…
Stanbic Holdings in Kenya has announced that it’s holding off on its plans to create…
Mastercard and Awash Bank, a leading commercial bank in Ethiopia, have disclosed a newly planned…
In 2023, the Nigerian Deposit Insurance Corporation (NDIC) compensated some customers of the 132 microfinance…
According to data collected by payment processor Interswitch, First Bank of Nigeria’s agency banking arm,…
MTN’s mobile money platform, MoMo, has partnered with banking technology company Jumo to launch Qwikloan,…
The Central Bank of Nigeria (CBN) has issued a directive to remove the initial cap…
Absa has announced plans to establish a physical presence in China through a non-banking subsidiary…
Business magnate Dr. Patrice Motsepe’s Tyme Group is planning to launch a third digital bank…
Bank Zero, a digital bank based in South Africa, has announced that it is in…
Access Holdings announced that its subsidiary, Access Bank, is set to acquire a majority stake…
Africa’s largest bank by assets, Standard Bank Group, with operations across 20 African countries, has…
TymeBank announced that it had attained its first profitable month in December 2023, less than…
Citigroup is set to lay off 20,000 employees over the next two years, according to…
The Central Bank of Nigeria (CBN) has dissolved the boards of three banks – Union…
Tyme Group − comprising TymeBank and GoTyme − is set to close a new round…
In a notable achievement, FBN Holdings, one of Nigeria’s longstanding banks, reached a significant market…
African Bank has recorded a profit for the financial year ended September 2023 – rescuing…