Banking, Finance & Investment

Standard Bank and its lawyers have come under fire from a Durban High Court judge for taking shortcuts in an application against a defaulting home owner. The bank sought default …

Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …

Access Bank (Ghana) Plc, one of Ghana’s largest retail banks, has posted a growth of 43 percent in its Profit Before Tax (PBT) as compared to the same period in …

NOVA Merchant Bank Limited has announced the appointment of two independent non-executive directors and one non-executive director. In a statement, the bank said it has promoted about 20 per cent …

Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …

Polaris Bank has dismissed the report that the bank is about to be sold, saying that the report is speculative, deliberately intended to create panic, and should be disregarded by …

The National Bank of Kenya (NBK) has secured Sh1.2billion from impact investor, Water Equity, to enhance financing to public and private water utility companies and micro, small, and medium-sized enterprises. …

Capitec South Africa banking app, USSD, and internet banking have been offline since early on Thursday morning. The Bank says it is still working on returning its banking services online …

Lawyers for Elon Musk have subpoenaed JPMorgan Chase and Goldman Sachs for records relating to the billionaire’s plan to purchase Twitter. Musk has requested the banks turn over “documents and communications” relating to how …

Absa Bank Ghana is working with Amazon Web Services (AWS) to provide cloud computing skills in. The partnership allows Absa to identify an implementing partner in Ghana to train and …