Banking News

Zambia: ZANACO, FSDZ partner on SMEs

08.12.2016

The aim of the partnership is to improve banking offers for SMEs

Profits up by 15% for Kenya's banking sector

08.12.2016

A new report highlights banks' resilience amid a challenging environment.

Attijariwafa Bank and UBA sign MoU

05.12.2016

Among others, the MoU will strengthen correspondent banking in Africa

Tunisia: Central Bank to introduce Chinese Yuan into currency reserves

02.12.2016

This will reduce instabilities in Tunisian forex market

Ugandan banks face higher capital requirements

01.12.2016

The minimum capital requirement will be raised to 10 per cent of risk-weighted assets.

Tanzania: Financial institutions charged to extend to rural areas

30.11.2016

Extending financial services to rural areas will strengthen the economy

Algeria, UAE apex banks sign MoU

30.11.2016

The MoU is to facilitate and develop the financial and banking sector in both nations

CBA to Launch M-Shwari in Cote d'Ivoire and Rwanda next year

30.11.2016

The service also allows users to save via mobile phone.

Togolese bank rolls out mobile point of sale terminals

30.11.2016

They will allow SMEs to accept credit card payments.

Kenya: Apex bank retains lending rate at 10 per cent

29.11.2016

Benchmark interest rate was left unchanged amid minimal inflationary pressures

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