Banking

Nedbank CIB and Centum: Dedicated to Developing Africa

Boasting a share of about 40% of South Africa's commercial, industrial and retail property finance market, Nedbank CIB Property Finance now has its vision firmly focused on the rest of Read More →

Aug 5, 2019 Staff Reporter

Banking 844

GCB Pays GH¢16.9M Dividend To Government

GCB Bank has paid a dividend of GHS16.9 million to the government for the 2018 Fiscal Year. The cheque was presented to Mr Ken Ofori-Atta, Minister of Finance by the Managing Read More →

Aug 2, 2019 Staff Reporter

Banking 844

Moody’s Upgrades MCB Ltd’s Deposit Rating to Baa2

At its latest Rating Committee, Moody’s Investors Service (“Moody’s”) has upgraded the credit rating of MCB Ltd (“MCB” or “the Bank”), with the long-term deposit rating improving from Baa3 to Read More →

Aug 1, 2019 Staff Reporter

Banking 844

Seamless West Africa

The payments, banking and financial sectors are currently at the height of change, defined by innovation and development in technology and regulation. Seamless West Africa is a multi-brand event, with 500+ Read More →

Jul 31, 2019 Staff Reporter

Banking 844

PayPal Expands its International Money Transfer Service Xoom to 32 Markets across Europe

PayPal launched Xoom—its international money transfer service—in 32 markets across Europe. People in these markets can now use Xoom to quickly send money, pay bills or top up phones to Read More →

Jul 31, 2019 Staff Reporter

Banking 844

MFS Africa and WorldRemit Partner to Expand Mobile-to-mobile Remittances in Africa

Leading digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money services through a partnership with pan-African fintech MFS Africa. This launch brings WorldRemit’s mobile Read More →

Jul 30, 2019 Staff Reporter

Banking 844

FinTech Ecosystem in South Africa: Accelerating the Digital Transformation of Banking & Financial Services

The impact of Digital Banking, Blockchain, AI, Mobile Money, Digital Wallets and Payment innovations are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to Incumbent Banks Read More →

Jul 29, 2019 Staff Reporter

Banking 844

First Bank of Nigeria Promotes Financial Inclusion through Digitisation in Sub-Saharan Africa

First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. Read More →

Jul 26, 2019 Staff Reporter

Banking 844

Consumers are Showing a Strong Appetite to Save, According to FNB

FNB has revealed that South African consumers are showing strong appetite to save after its customers initiated nearly 20 000 savings goals in just a few days since the launch Read More →

Jul 25, 2019 Staff Reporter