Possible Chinese investment in Nigerian bank? Published by Staff Writer on 24 June 2010 A Chinese bank might soon make an equity investment in Nigeria’s First Bank.
Standard Bank Group to provide sharia banking in Tanzania Published by Staff Writer on 17 June 2010 Stanbic Bank, a member of the Standard Bank Group (SBG), has launched sharia banking products in Tanzania.
Merrill Lynch SA receives boost for African expansion Published by Staff Writer on 11 June 2010 Bank of America is planning to make a large capital injection into its subsidiary Merrill Lynch South Africa.
Central Bank of Kenya to launch sharia-compliant bonds and treasury bills Published by Dinfin Mulupi on 5 May 2010 The Central Bank of Kenya (CBK) has announced that it is working on plans to launch the flotation of sharia-compliant bonds and treasury bills in the Kenyan money market.
Gulf African Bank to expand to Tanzania and Uganda Published by Dinfin Mulupi on 5 May 2010 Gulf African Bank (GAB) has announced it is planning to enter Tanzania and Uganda by the end of the year. The plans follow the Islamic bank’s successful launch and growth in the Kenyan market.