Standard Chartered Bank to Promote New UN Goals

Standard Chartered Bank said yesterday its global network of employees and clients will create awareness about the United Nations’ programme ‘Global Goals for Sustainable Development’. UN’s Global Goals is series of 17 ambitious goals that targets to end poverty, fight inequality, injustice and tackle climate change for everyone by 2030. The bank is proud to

iVeri Payment Technologies Recognised with Technology Leadership Award

Frost & Sullivan, a leading global market research and growth consulting firm, has acknowledged iVeri Payment Technologies for demonstrating technological innovation in Sub-Saharan Africa’s (SSA) banking industry. iVeri has earned the prestigious Frost & Sullivan 2015 Technology Leadership Award for its two exciting banking solutions, Payment Gateway and MicroBank+. Payment technologies in Africa have a

CRDB Bank Launches Customer Service Week

CRDB Bank has launched customer service week, a special period of year for the bank to meet and get feedback from its customers. During the event, CRDB Bank donated and handed over various medicines and other health facilities worth 15m/- to fight the outbreak of cholera in Kinondoni Municipality in Dar es Salaam. The outbreak

Kenya Commercial Bank and Planet Payment Announce Multi-Currency Processing Agreement

Kenya Commercial Bank (KCB), Eastern Africa’s oldest and largest commercial bank, and Planet Payment, Inc., a leading provider of international and multi-currency transaction services, announced an agreement to launch Pay In Your Currency (PYC), Planet Payment’s dynamic currency conversion solution. This will mark the first launch of dynamic currency conversion in the region. Pay In

Stanbic Relaunches Revamped Mbeya Branch

Stanbic Bank Tanzania has relaunched its revamped branch in Mbeya in line with its mission to offer better services to its customers. “We are pleased to relaunch a revamped branch to the people of Mbeya,” said Ken Cockerill, the CEO of Stanbic Bank Tanzania. “This revamp is part of our broader efforts to modernize our

Uchumi Bank Dividends Rise to 1bn/-

The Uchumi Commercial Bank (UCB) has clicked 10 years since its establishment with shareholders getting about 1bn/- in dividends. UCB Board Chairman, Mr Wilson Ndesanjo, said that the bank that was established in September 2005 with a 372m/- capital is now worth 4.6bn/-. Mr Ndesanjo said the bank owned by the Evangelical Lutheran Church of

TIB Corporate Finance Ltd Changes Name

The TIB Corporate Finance Limited has changed name to TIB Corporate Bank Limited to align itself with its broadened scope in provision of commercial banking services. The Managing Director, Frank Nyabundege said in a statement that the bank was set to brand, market and roll out its business development strategies after it was issued with

The National Bank of Commerce Launches Rewards Program

The National Bank of Commerce (NBC) has launched a Rewards Program for its private banking customers who will enjoy attractive discounts and offers available in over 25 retail retail franchises located across the country. The introduction of the NBC Rewards Program is a testimony of NBC rewarding high net worth customers for their continued support

FBN Holdings Plc Appoints M.K. Ahmad to its Board

FBN Holdings Plc., the leading and most diversified financial services group in Nigeria has announced the appointment of Mr. Muhammad K. Ahmad to its Board as a Non-Executive Director. This appointment, apart from deepening the already rich cumulative experience of the board, is also in strict compliance with the Central Bank of Nigeria’s (CBN) Guidelines

Xoom Launches Money Transfer Service to Singapore

Xoom Corporation, a leading digital money transfer provider, announced the launch of its money transfer service to Singapore. Xoom customers can now send money online to bank accounts in Singapore via their U.S. bank accounts, credit cards or debit cards. Money can be sent to 10 local banks in Singapore, including DBS, POSB, UOB, OCBC