The KCB Group has emerged the winner for Africa’s premier social and digital media awards, cementing its position as the region’s leading financial institution. The largest Bank in the East African region by asset base and branch network was named the winner for “Best Use of Social Media by a Financial Institution in Africa” during
Stanbic Bank Uganda Limited (Stanbic Uganda) has signed a US$85 million, eighteen month term loan facility in Dubai on 28 January 2015. The transaction, which is a debut Stanbic Uganda transaction was launched in an amount of USD 75 million and an over subscription of USD 15 million was obtained, thus allowing a final take
Access Bank Plc has secured approval of the Securities and Exchange Commission (SEC) to proceed with plans to raise N52.6 billion in a share sale as it pursues expansion and a stronger cash reserve. Access Bank Plc, with operations in eight other countries, will be selling shares to existing shareholders by way of Rights Issue
NCR Corporation, the global leader in consumer transaction technologies,announced that the Bank of Greene County, a 125-year-old community bank serving the Hudson Valley region in New York, will upgrade its digital banking experience with services and solutions from Digital Insight, an NCR company. The new online and mobile banking experience will go live later this
Guaranty Trust Bank Plc, has been awarded ‘Best Corporate Governance, Africa’, for the Financial services category by the Ethical Boardroom Magazine UK. The ‘Corporate Governance Award’ organized by Ethical Boardroom magazine recognizes outstanding companies who have exhibited exceptional leadership in the area of governance and professional ethics to ensure protection and long-term value for all
NCR Corporation, the global leader in consumer transaction technologies, introduced new mobile-device software to give bank and credit union executives instant access to the management and performance of their self-service device networks. NCR Pulse Banking presents data from enterprise management applications such as NCR APTRA Vision to an iOS or Android device, helping improve network
Reiknistofa Bankanna (RB) and Sopra Banking Software, a market leading provider of integrated core banking solutions, announced a partnership for delivering core banking services to Iceland’s largest banking providers. Based on Sopra Banking’s Platform solution, the banks can look forward to greatly increased operational efficiencies. RB is jointly owned by the three main Icelandic banks,
HBL has joined hands with NADRA Technologies Limited (NTL) to launch branchless banking services.To further pursue the vision of financial inclusion, financial literacy and strengthening outreach. The product suite includes Domestic Remittance backed by Mobile Wallets, Microfinance Loan Repayments, G2P Payments and International Remittances in the future. NTL e-Sahulat hosts a nationwide presence with 8000
THE National Bank of Commerce (NBC) announced the appointment of Dr Kassim Hussein, as interim chairman of the bank’s board of directors. Dr Hussein fills the position left vacant by Professor Mussa Assad who was recently appointed Controller and Auditor General (CAG). NBC Interim Managing Director, Mr Pius Tibazarwa, said in a statement that Dr
In an ongoing effort to expand its affinity card program with organizations across the country, Commerce Bank has come together to offer a Visa Rewards credit card program in affiliation with Southern Illinois University (SIU) Alumni Association, North Dakota State University (NDSU) Alumni Association and Tennis Express. The SIU and NDSU Alumni Association cards offer
