Retail bank experts from Wincor Nixdorf will discuss new solutions for branch transformation at a specialist conference in London early next month. Branch Transformation 2014 is an exclusive, invitation-only conference hosted by Retail Banking Research (RBR) for around 300 bank executives responsible for developing future branch formats and processes. The event, from December 2 to
EXIM Bank Tanzania has continued to widen its reach to customers in Tanzania by opening a new branch on Lumumba Street in Dar es Salaam, a move that aims at extending its reach. The Ushirika branch adds up to the firm’s network which continue to spread across the country. Speaking during an inauguration ceremony, the
Access Bank Plc unveiled its customized debit cards tagged “Persona” on Friday, November 7th 2014. The product allows customers carry around their fond memories by uploading their favorite image on their debit cards. The Access Bank Persona debit card is a customized card that enables customers to enjoy the privilege of branding their payment cards
MoneyGram, a leading global money transfer company, has extended its relationship with Standard Bank Group. MoneyGram’s services are available at over 500 Standard Bank Group locations in 12 countries in Africa. On signing the renewal agreement to this week, Pamela H. Patsley, MoneyGram’s chairman, said: “MoneyGram is focused on growing our presence in Africa through
Three years ago FNB launched its smart device deal, a first of its kind banking offer, which gives customers access to smart devices and enables them to bank digitally. Since inception FNB has sold over 250 000 devices, worth over R1 billion, with 90% of these devices using FNB’s digital banking channels. “Digital banking is
Regional banking solutions provider, Equity Bank Group’s Tanzania subsidiary, has sealed a partnership with the Tanzania Revenue Authority (TRA) allowing tax payers in Tanzania to pay all their taxes through its network. The new tax settlement avenue will be available for all TRA clients including non- Equity Bank account holders. By fostering such a partnership,
Guaranty Trust Bank plc has been announced as the winner of the “2014 Product Leadership Award” at the 2014 Frost and Sullivan Excellence In Best Practices Awards Banquet that held on Thursday, 30th October, 2014 at the Monte Carlo Bay Hotel & Resort, Monaco, France. Frost & Sullivan is a growth consulting firm that provides
One of Nigeria’s major commercial banks United Bank for Africa (UBA) has announced the introduction of Value Added Services (VAS) on it Point of Sale (POS) terminals. The bank in a statement said services supported include airtime purchase, cable subscription, electricity, water and other bill payments. The bank said the service has been rolled out
Stanbic Bank has been named the best investment bank in Tanzania by EMEA Finance, a prestigious magazine, for the year 2014, while its parent company Standard Bank has been named leading investment bank in Africa for the seventh consecutive year. “We are delighted to have retained the award for the best Investment Bank in Tanzania,
KCB Group has picked three Islamic banking experts to run the Bank’s Sharia Advisory Committee, heightening the lender’s roll-out the Islamic banking services in Kenya. The scholars and religious leaders— Sheikh Ahmed M. Msallam, Sheikh Ibrahim Lethome and Dr. Ahmed Sheikh Abdualatif Osman—on Tuesday morning signed their contracts with KCB during the inauguration of the
