Latest News Commercial banking

Bank

11/09/2020 at 18h04, by Africa Business+

Assurances du Crédit Mutuel (BFCM) divests its holdings in Royale Marocaine d’Assurance

The French financial institution is selling off an initial interest in a company affiliated with BMCE...

Commercial banking

08/09/2020 at 17h55, by Valentin Grille

CDC Group further extends financing for Absa

The British development agency is lending $50m to the commercial bank, which a year ago became one preferential...

Commercial banking

02/09/2020 at 15h41, by Mathieu Galtier

Why Lotfi Debbabi swapped STB for QNB in Tunisia

Jeune Afrique Business+ gives you the details.

Commercial banking

24/08/2020 at 07h20, by Valentin Grille

First National Bank Ghana’s growth gets the green light with $85m loan

The financing, led by Germany’s DEG, is intended to give a boost to the Accra-based bank, which recently...

Bank & Insurance

18/08/2020 at 16h06, by Africa Business+

Aries Investissements helps the Banque Postale du Congo secure €15m from BDEAC

With the support of the Brazzaville-based consultancy firm, the bank has received 10bn CFA francs (€15m)...

Commercial banking

15/05/2020 at 17h27, by Valentin Grille

First National Bank Ghana absorbs GHL Bank and makes its first foray into mortgage lending

The subsidiary of FirstRand, South Africa’s leading bank group, will develop its retail banking strategy...

Commercial banking

01/04/2020 at 16h38, by Valentin Grille

With $75m from IFC, First City Monument Bank increases its cash and targets women-owned SMEs

The Lagos-based bank will receive an investment package from the subsidiary of the World Bank Group...

Commercial banking

19/03/2020 at 18h17, by Valentin Grille

Désirée Eliane Yacé, a new chief executive to turn around BHCI

After settling its dispute with Canadian firm Westbridge, the Abidjan-based bank has appointed its first...

Commercial banking

17/03/2020 at 17h26, by Madjiasra Nako

Christian Metaux, takes the helm at Commercial Bank Tchad

This expert in the banking sector in the Sahel takes over from Chad’s Allamine Bourma Treye, the country’s...

Commercial banking

25/02/2020 at 17h25, by Aurelie Benoit

Jim Ovia (Zenith Bank) focuses on SMEs with support from Africa’s lenders

The Nigerian tycoon’s bank should receive a $200 million investment package to finance the country’s...

Commercial banking

30/01/2020 at 15h43, by Aurelie Benoit

AfDB plans to increase Afreximbank’s capital in 2020

While some shareholders have recently injected liquidity into the pan-African institution, the African...

Commercial banking

13/12/2019 at 18h14, by Africa Business+

Attijari raises 2bn dirhams and prepares for changes in prudential rules

Attijariwafa Bank is to borrow 2bn dirhams ($208m) on the private debt market in Morocco. This operation...

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