Archive for the ‘Banking’ category
S&P revises the outlook on Nigeria’s top three banks to positive
Last week, Standard & Poor’s Ratings Services (S&P) revised its outlook on Nigeria’s three largest banks – GT Bank, First Bank of Nigeria and Zenith Bank – to ‘positive’ from ‘stable’.
Kenyan banks move to cushion borrowers and avert loan defaults
Earlier this week, the Kenya Bankers’ Association released a statement detailing a set of initiatives designed to avert possible bank loan defaults on the back of spiking interest rates.
‘Go it alone’ a major bottleneck for Africa, says Equity Bank boss
Equity Bank chief executive James Mwangi has criticised entrepreneurs for taking an individualistic approach to business, describing it as “a major bottleneck in Africa”.
African banks finally waking up to the needs of SMEs and the unbanked
The banking penetration level in most of Sub-Saharan African markets (excluding South Africa) remains relatively low at about 10%.
Africa’s deepening financial sector
The deepening of Africa’s financial sector is both a result of, and a driver of, the strong macroeconomic gains reflected across several of the continent’s core markets over the course of the past decade.
Meet the Boss: Richard Hudson, CEO, FNB Tanzania
‘Meet the Boss’ is How we made it in Africa’s new interview series, where we pose the same 10 questions to CEOs and executives across the continent.
Interview: Why FNB decided to enter the Tanzanian market
South Africa’s FNB recently started with operations in Tanzania. How we made it in Africa asks CEO Richard Hudson about how the bank plans to crack this new market.
Investment case for Africa now stronger than ever, says Ecobank
“Direct foreign investment in the continent is forecast to reach US$150 billion by 2015.”
Why Standard Bank’s head of agric banking decided to relocate to Nigeria
“The move was based on the market growth opportunity that exists in West Africa, and Nigeria specifically.”
Time is getting short to invest in African financial services
Companies looking to enter Africa’s financial services space need to move quickly as the window of opportunity is rapidly closing.
