August 02

• UK Minister Calls for 'Market-Based Solution' to Barclays' Withdrawal of Services [analysis]

  African Arguments

  UK Minister for Africa, Mark Simmonds, has stated that the government will not intervene directly in Barclays Bank's decision to withdraw banking services to Money Service... Read more »

• Investors Exhibit High Appetite for Treasury Bills

  Daily News

  DESPITE the end of month obligations, the twelve-month Treasury Bills auction that the Bank of Tanzania (BoT) conducted on Wednesday was oversubscribed by 63.6 per cent. Read more »

• Website for Banking

  Namibia Economist

  FNB Namibia last week announced the unveiling of its updated, fully-scalable banking website, which automatically detects and adapts to the device from which the site is accessed.... Read more »

• Chanakira Under Rbz$3 Million Probe

  Zimbabwe Independent

  KINGDOM bank founder Nigel Chanakira is under probe amid allegations he could have abused depositors' funds amounting to US$3 million when he got a facility from a local bank,... Read more »

• CPC Okays Skye Bank Initiative On Customer Service Charter

  Vanguard

  The Consumer Protection Council (CPC) has expressed satisfaction over Syke Bank Plc's initiative in pioneering the customer service charter that is designed to give customers... Read more »

• Exim Bank's Assets Cross Sh1 Trillion Mark

  Daily News

  EXIM Bank said yesterday its total assets grew by 17 per cent to 1trn/- as of last June, bringing to five the total number of commercial banks that have crossed the one trillion... Read more »

• Ugandan Bank Eyes Rwanda Market

  New Times

  Crane bank, one of the largest locally-owned commercial banks in Uganda, has applied for a licence to operate in Rwanda, according to the National Bank of Rwanda. Read more »

August 01

• IMF Urges Concerted Policy Action to Reduce Risks to Global Growth [press release]

  IMF

  If the world's largest economies could make improvements in their policies in mutually reinforcing ways, they would lift global GDP over the longer run by as much as 3 percent,... Read more »

• BOG Hints of Price Hikes

  Ghanaian Chronicle

  Ghanaians must be bracing themselves up for harsher economic times ahead under the John Mahama-led National Democratic Congress (NDC) administration, as the government has made its... Read more »

• World Bank Endorses New Joint Country Partnership Strategy for Liberia

  Heritage

  The World Bank's Board of Executive Directors on Tuesday, July 30, endorsed a new Country Partnership Strategy (CPS) for Liberia for a four-year period. Read more »

• World Bank Endorses New Strategy for Liberia

  New Dawn

  The World Bank's Board of Executive Directors on Tuesday, July 30,endorsed a new Country Partnership Strategy (CPS) for Liberia for a four-year period. Read more »

• Cheque to Clear in Two Days From August 19

  The Star

  Cheques will now be cleared in two following the reduction of transaction days by banks from three effective August 19. Read more »

• Barclays Kenya to Offer Clients Bulk M-Pesa Payment Solution

  CIO

  Barclays Bank has partnered with mobile telephony service provider-Safaricom to offer a mobile banking service that enables corporate clients to disburse bulk payments such as... Read more »

• NBC to Expand Islamic Banking

  Daily News

  NATIONAL Bank of Commerce (NBC) plans to expand products that it offers under its Islamic Banking to benefit more potential customers. Read more »

• Ecobank Samaritan to SMEs in Lake Zone Regions

  Daily News

  TANZANIA has made major progress over recent years towards putting into place a general policy environment which is more favorable for private sector expansion and sustainable... Read more »

• Stanbic Homes Expo Hopes to Tap Into the Middle Class for Home Ownership

  The Star

  With home ownership getting out of reach for many Kenyans due to high mortgage interest rates, CFC Stanbic Bank is hoping to attract more Kenyans with affordable loans for home... Read more »

• Shilling Stabilises Amid Hopes for Further Strength

  Daily News

  THE shilling is expected to appreciate slightly against the US dollar as the market closes over to a new month amid ample supply of the greenback from exports of agricultural... Read more »

• E-Bank Gets Provisional Banking License

  Namibian

  THE Bank of Namibia announced yesterday that e-Bank Limited has been granted a provisional license valid for a period of six months as from 1 August to allow it to set up its... Read more »

• CBN Assists in Recovery of N9 Billion Illegal Charges

  Vanguard

  The Central Bank of Nigeria has disclosed that it had assisted financial consumers to recover over N9billion illegal charges by banks in the last one year in pursuance of its... Read more »

• Bank Plans Islamic Banking Window

  Daily News

  The bank's Director of Human Resources and Administration, Mr Bernard Haule, speaking at an Iftar that the bank hosted its Muslim clients in Dar es Salaam on Monday evening, said... Read more »

• CBN Recovers N9 Billion Excess Charges From Commercial Banks

  Leadership

  The Central Bank of Nigeria (CBN) yesterday said it has recovered over N9billion excess charges deducted from customers' accounts by commercial banks across the country in the last... Read more »

• Banks' Robust Profits to Drop On Tough Regulations - Fitch

  Leadership

  Nigerian banks are unlikely to see a repeat of the robust profit margins recorded in their 2012 financial year following increasing pressure on earnings in the aftermath of the... Read more »

• New Bank to Benefit Kahama Residents

  Daily News

  FARMERS in Kahama District in Shinyanga Region are set to benefit from the opening of the new AccessBank Ltd branch that will be offering agro loans in the next two month. Read more »

July 31

• Remittances and Unintended Consequences [interview]

  Africa Research Institute

  In May 2013, Barclays informed three-quarters of its clients in the money services business that it was closing their bank accounts. These included many handling overseas money... Read more »

• Chikwanda Commends Zanaco

  Times of Zambia

  FINANCE Minister Alexander Chikwanda has commended Zanaco for its meaningful contribution to the development of Zambia through its support to the growth of the agriculture sector... Read more »