Ghana’s GCB Recognized Best Bank in Africa for Compliance

Ghana's GCB Bank Limited has been recognized as the Best African Bank for Compliance by the Association of Certified Professionals in Compliance in Africa...

Ivory Coast: the BHCI in the eye of the cyclone

Resumed 51.6% by Canadian Westbridge Mortgage REIT since January 2018, the Côte d'Ivoire Habitat Bank (BHCI) is running out of cash. The recapitalization of CFAF...

Mauritania: open market yes, over-indebtedness no (BCM)

  Faced with information on a supposed record high debt ratio, the financial authorities of Mauritania have stepped up to the plate. On the sidelines...

Mauritius Commercial Bank announces a subsidiary in Dubai

MCB Group Ltd, owner of the second largest bank in Mauritius, now has a representative office of its wholly-owned Mauritius Commercial Bank Ltd (MCB)...

Oragroup has raised more than 100 billion CFA francs since the beginning of the...

Oragroup announces a € 20 million loan from AFRICA AGRICULTURE AND TRADE INVESTMENT FUND (AATIF), an investment company specializing in agricultural finance in Africa,...

Tunisian-Kuwaiti Bank raises nearly $ 2.5 million in bond market

The Tunisian-Kuwaiti Bank (BTK) raised 7 million dinars (about 2.45 million USD) in the market via a non-public bond bond issued between 11 April...

The governance of banks in the face of ghost companies

By Pierre DELVAL. For the past decade, banks in many countries have demonstrated a better understanding of key aspects of corporate governance: effective board oversight,...

Nigeria: Guaranty Trust Bank eyeing East Africa

The largest bank in Nigeria by assets wants to deploy in East Africa. Guaranty Trust Bank, present in 10 countries including Rwanda, Kenya, Uganda...

Cameroon: the cabinet for the liquidation of five banks still expected

Four months after the call for tender launched by the Cameroon Debt Collection Company (CBC), it is still awaiting the designation of a "qualified"...

Senegal: Tamweel Africa Holding Group and BIS subsidiary launch Tamweel Touch mobile app

The Islamic Bank of Senegal (BIS) has pledged full entry into the digital world and is in tune with the demands of the market....

Cameroon: ASAC calls for the removal of VAT on life and health insurance

The Association of Insurance Companies of Cameroon (ASAC) has appealed to the government on the need to remove the Value Added Tax (VAT) applied...

Kenya Commercial Bank to acquire banks in Rwanda and DRC

The KCB Group, a banking leader in Kenya, plans to acquire a bank in Rwanda and another in the Democratic Republic of Congo (DRC),...

Ivorian banks’ assets reach $ 21 billion in 2018

Côte d'Ivoire recorded a 15% growth in its banking assets, the total of which is estimated at CFAF 12,200 billion, or $ 21.84 billion...

France: Axa holds its general assembly in serenity

Axa is doing well. Managing Director Thomas Buberl presented fiscal year 2018 as the year of action and decision. Management has worked to build a...