BANKING

January 21, 2020

UBA Moves to Deepen Intra-African Trade

The United Bank for Africa (UBA) Plc has announced the launch of a flagship product – UBA Connect.

The solution is a service that enables customers of the bank to conduct traditional banking transactions"...

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January 20, 2020

AfDB to Invest $250m on Water, Sanitation in FCT

The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital Territory (FCT) water and sanitation integrated project to improve water supply and sanitation in the satellite towns.

The"...

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January 16, 2020

Access Bank Rewards More Customers

Access Bank Plc has rewarded more customers in the grand finale of its DiamondXtra Season 11 promo. The bank has given out over N5 billion in prizes since inception.

The bank also said it plans to commence a new"...

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January 15, 2020

Ecobank to Disburse N70bn in Agric Financing Scheme

Ecobank Nigeria has announced an Agricultural Business Finance Scheme, where it plans to disburse an additional loan of N70 billion for operators in different agric value chains of in the next two years.

This"...

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January 15, 2020

Bank of America Reports Fourth-Quarter 2019 Financial Results

Bank of America reported its fourth-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

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January 13, 2020

Strengthening Pan-African Banking Status

There has been a rapid expansion of pan-African banks (PABs) in recent years.

According to a report by the International Monetary Fund (IMF), overall, the PABs are now much more important in Africa than the long-established"...

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January 12, 2020

Access Bank denies arrest of its GMD

Access Bank Plc has vehemently denied reports that its group managing director, Mr. Herbert Wigwe has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud.

Some online"...

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January 11, 2020

Imo Allocates Land to Afreximbank for Quality Assurance Centre

The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State, for the development of an internationally accredited quality assurance centre in the state.

Afreximbank"...

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January 11, 2020

KPMG Ranks Sterling Bank High in Retail Banking

Sterling Bank Plc has been ranked the third best retail banking institution in Nigeria, according to KPMG Nigeria in its 2019 Nigeria Banking Industry Customer Experience Survey released in Lagos recently.

The"...

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January 7, 2020

Turkey’s Smartest Mobile Assistant from VakıfBank Uses Sestek’s AI-powered Technology

VakıfBank, Turkey's fourth-largest bank, introduced a new banking assistant, “ViBi” to its mobile banking app, which currently has 4.2 million users. The assistant, developed in partnership with Sestek, a leading AI and speech technologies company. The “mobile banking"...

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