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African Banker Awards Announces 2013 Nominees

The African Banker Awards, which will be held on the 29th of May in Morocco, has released their short-list of nominees for 2013.  The African Banker Awards has the African Read More →

Barclays Bank Mauritius Restructures and Gets New Banking Licence

At a function held at the Bank of Mauritius Tower, the Bank of Mauritius (the Bank) granted a new banking licence to Barclays Bank Mauritius Limited, a locally incorporated wholly Read More →

South African E-banking Survey Reveals Surge in Mobile Banking

Online research specialists Columinate have released the results of the second annual Internet Banking SITEisfaction survey, a report on customers' usage and perceptions of e-banking in South Africa. The survey Read More →

Michael Jordaan to Step Down as CEO of South Africa’s First National Bank

The Board of FirstRand Limited announced that Jacques Celliers will succeed Michael Jordaan when he steps down as CEO of First National Bank at the end of this year to Read More →

Diamond Bank Group Managing Director/CEO, Wins USAfrica International Banker Of The Year 2013 Award

Dr. Alex Otti, the Group Managing Director/CEO of Diamond Bank, has won the USAfrica Best of Africa 1st International Banker of the Year 2013 award. The trophy was handed to Dr. Read More →

Kenyan Banking Sector Records Improved Performance in 2012

The Central Bank of Kenya says that generally, the banking sector was sound and stable and recorded improved performance in 2012 as indicated by Total net assets which increased by Read More →

Nedbank Expands into Mozambican Banking Industry with Banco Unico

Nedbank is entering the Mozambican banking market by acquiring an initial 36.4% shareholding in Banco Unico for $24.4m, subject to various conditions and regulatory approvals both in Mozambique and South Read More →

CitiDirect Online Banking Ranked #1 in Benchmarking Study

CitiDirect Banking Evolution, Citi’s institutional online or e-banking platform, has again been ranked number one in Greenwich Associates’ Online Services Benchmarking study. This is the fifth consecutive year that Citi Read More →

Eight Charged in US for $45 Million Bank and ATM Cybercrime Campaign

A four-count federal indictment was unsealed in Brooklyn, USA charging eight defendants with participating in two worldwide cyberattacks that inflicted $45 million in losses on the global financial system in Read More →

South Africa’s FNB Has The Most Popular Banking Website In Africa

In its most recent survey of web users, Alexa (www.alexa.com) noted that FNB was the only banking website in the top 10 sites in Africa and was the most popular Read More →

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