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Standard Bank Reports Solid Results for the Period Ended 30 June 2019

  • Headline earnings: R13 361 million, up 6%
  • Headline earnings per share (HEPS): 837 cents, up 5%
  • Dividend per share: 454 cents, up 6%
  • Common equity tier (CET) 1 ratio: Read More →

ACI Worldwide Readies European Payments Businesses for Strong Customer Authentication

New European PSD2 requirements significantly impact how European consumers and businesses buy and sell online—ACI’s UP solutions with real-time, multi-layered capabilities help businesses to lower fraud rates while providing a Read More →

Ecobank Transnational Incorporated Announces the Appointment of Ayo Adepoju as Group CFO

Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announces that Ayo Read More →

Prudential Authority Imposes Administrative Sanctions on Sasfin Bank Limited

The Prudential Authority (PA) has imposed administrative sanctions on Sasfin Bank Limited (Sasfin Bank) for non-compliance with certain provisions of the Financial Intelligence Centre Act 38 of 2001, as amended Read More →

UnionPay Cards Now Accepted at all Pick n Pay Stores across South Africa

UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick Read More →

Ecobank Transnational Incorporated Announces New Appointment – Group Consumer Banking Head

Nana Araba Abban held several senior positions with Standard Chartered Bank, Royal Bank of Scotland and other institutions

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Read More →

South African Reserve Bank on Africapacity’s Intention to Buy VBS Mutual Bank

The South African Reserve Bank (SARB) is aware of the assertions made by Africapacity of its intention to buy VBS Mutual Bank (VBS) or part thereof. The authorisation to conduct Read More →

Prudential Authority Imposes Administrative Sanctions on Bank of Baroda, South Africa

The Prudential Authority (PA) has imposed an administrative sanction on Bank of Baroda, South Africa (Bank of Baroda) for non-compliance with certain provisions of the Financial Intelligence Centre Act 38 Read More →

Nigeria’s Access Bank Migrates to New ATM card solution

Nigeria's Access Bank has migrated its entire network of ATMs to CR2's ATM driving and card switching solution. The project also includes the migration of the lender's card management system, Read More →

FBN Holdings Records N294.2BN Gross Earnings for H1’19

FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, said it recorded gross earnings of N294.2 billion for the six months ending June 30, 2019 (H1’19). This represents Read More →

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