Banking and Insurance - Top News

  • November 30
  • New Era Namibia: Principals Assited By Bank

    "First National Bank of Namibia opened its doors more than 100 years ago and since then has been involved in giving back to communities to help them grow by supporting the economic well-being and quality of life for everybody."

  • New Vision Uganda: Bankers Told to Learn Sign Language

    BANKERS have been urged to learn sign language to aid deaf people in accessing banking services.

  • Accra Mail Ghana: Double Efforts to Transform Economy, Governor Tells Banks

    Mr Kwesi Bekoe Amissah-Arthur, Governor of Bank of Ghana (BoG), has challenged banks to double efforts in order to serve as financial mediators in transforming the economy for the better.

  • New Vision Uganda: Insurers Win Best Group Award

    THE Uganda Insurers Association has retained the best business associations and community awards 2009, beating over 400 contenders to the crown.

  • New Vision Uganda: Does Your Bank Understand Your Business? [opinion]

    STARTING and running a small business successfully is rewarding but as the business grows, it is likely that external financing will be required. For most business people, however, going to a formal financial institution to borrow money is always a challenge.

  • Vanguard Nigeria: Army Lauds Skye Bank on CSR

    Chief of Army Staff, Lt Gen AB Dambazau last weekend commended the corporate social responsibility activities (CSR) of Skye Bank PLC, describing the bank as a responsive and responsible financial institution that is always willing to give back to the society.

  • East African Kenya: CBK - Easy, Affordable Loans Will Boost Growth

    Central Bank of Kenya is asking borrowers in East Africa to negotiate for loans at more affordable interest rates.

  • East African East Africa: EADB in Yet Another Huge Loss

    Bad loans continued to batter the East African Development Bank, which posted a second straight loss for the past fiscal year as investors held on to money they had promised to advance the Bank for on-lending.

  • New Times Central Africa: CEPGL Mulls Reopening Bank

    Officials from the Economic Community of the Great Lakes Countries (CEPGL) member states of Rwanda, Burundi and DRC, along with experts from Belgium and the African Development Bank (AfDB), are meeting in the Congolese town of Goma to discuss the possibility of reviving the defunct regional development Bank, BDEGL.

  • Daily Trust Nigeria: Unity Bank Deploys Banking Technology Solutions to Fair

    Unity Bank Plc has deployed full banking technology at the on-going 30th Kano Trade Fair which is expected to end tomorrow, a statement from the bank said.

  • Daily Trust Nigeria: Kaduna to Get N4 Billion Loan for Poverty Eradication

    Kaduna State government is to obtain a N4 billion loan from the Central Bank of Nigeria (CBN) to strengthen its poverty alleviation programmes.

  • The Herald Zimbabwe: Banks Get Final Warning

    RESERVE Bank of Zimbabwe Governor Dr Gideon Gono has issued a stern warning to banks on their continuing reluctance to extend loans to the productive sectors of the economy.

  • Vanguard Nigeria: Banks' Customers Agonise as ATM Fraud Persist

    As ATM frauds continue to rise in the banking industry, banks' customers have cried out in agony for the intervention of the Central Bank of Nigeria (CBN).

  • Vanguard Nigeria: Insurers Move to Combat Fraudulent Claims

    Insurance practitioners have begun moves to check the rising tide of fraudulent claims by customers estimated to constitute 12 per cent of total claims.

  • Vanguard Nigeria: Naicom Targets Zero Complaint on UN-Settled Claims

    National Insurance Commission said it is working to ensure that complaints about un-settled insurance claim becomes a thing of the past in the nation's insurance industry

  • Vanguard Nigeria: Diamond Bank Offers Zero-Interest Car Financing

    Diamond Bank Plc is packaging a financing scheme that offers customers an opportunity to acquire choice Peugeot cars without paying any interests on the principal.

  • Daily Trust Nigeria: Yar'Adua Approves Two New Deputy Commissioners for NAICOM

    Two new Deputy Commissioners have been approved for the National Insurance Commission (NAICOM) by President Umaru Yar'Adua.

  • Nation Kenya: Deposits Hit Sh1 Trillion At Local Banks

    Central Bank of Kenya (CBK) says the country's banks have shown resilience in the face of economic slowdown with their assets growing by 11 per cent in the year ended September 30, to Sh1.31 trillion.

  • Nation Kenya: Four Insurance Firms Meet New Capital Rule - Survey

    Only four out of the 43 insurance firms have complied with the statutory requirement to shore up their capital base ahead of next year's deadline, a survey shows. In an industry that has seen a number of insurance firms especially those dealing in PSV cover go under, this is not so good news for investors.

  • Vanguard Nigeria: Oil Firms Crashes Forex Demand By 73 Percent

    Foreign exchange supply from autonomous sources most oil firms precipitated a 73 per cent fall in demand at the official market last week.

  • Business Day South Africa: Banks Offer to Reopen Talks On Charter

    IN AN apparent climb-down, the Banking Association of SA (Basa) said yesterday it wanted to reopen negotiations with the government and industry players such as labour and community groups on how to keep some of the successful empowerment elements of the financial services charter.

  • November 27
  • Business Day South Africa: African Development Bank Loans Billions for Energy

    IN A move that eases Eskom's financial woes, the African Development Bank yesterday announced that it had approved a R20bn (€1.86 billion) loan for the utility to finance the Medupi power station in Lephalale, Limpopo.

  • Vanguard Nigeria: ETI Gets N15 Billion Equity Investment From IFC

    The International Finance Corporation (IFC) has injected about N14.85 billion (US$100 million) in Ecobank Transnational Incorporated (ETI).

  • Foroyaa Gambia: Insurance Companies Combat Money Laundering

    The West African Insurance Companies (WAICA) in Collaboration with inter-Governmental Action Group against money laundering in West Africa on Monday 23 November held their educational conference at Jerma Beach Hotel on the Theme: "The role of the insurance industry in combating money laundering and other financial crisis"

  • Vanguard Nigeria: FCMB Posts N7 Billion Loss

    First City Monument Bank (FCMB) Plc has announced a loss of N6.9 billion in its five months financial statement, for the period ended, September 30, 2009.

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