Tag: Banking

Capitec secures approval for $12.2 million Rental Finance sale to Sasfin

Capitec Rental Finance sale to Sasfin wins approval as Capitec advances its strategy to exit the noncore business for R201 million ($12.2 million).

Timilehin Adejumobi Timilehin Adejumobi

Capitec expands Smart ID services to 242 branches across South Africa 

Capitec now offers Smart ID services at 242 branches across South Africa as Home Affairs expands its bank-based digital rollout.

Oluwatosin Alao Oluwatosin Alao

CaixaBank’s BPI exits Angola with $452 million BFA stake sale

BPI exits Angola with a $452 million BFA stake sale to Congolian Financial, ending CaixaBank’s Portuguese unit’s banking exposure.

Timilehin Adejumobi Timilehin Adejumobi

After $594 million profit Ecobank targets $350 million debt raise, sustainability

Ecobank is tapping global debt markets with a $350 million Tier 2 issuance to refinance existing notes and fund sustainability-linked financing across Africa.

Omokolade Ajayi Omokolade Ajayi

Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Capitec Bank becomes Africa’s top bank as shares rise and earnings are expected to jump 25 percent.

Omokolade Ajayi Omokolade Ajayi

Attijariwafa bank: Morocco’s biggest company is now worth over $15 billion

Attijariwafa bank posts strong 2024 growth, boosting profits, assets, and market share while solidifying its position as Morocco’s most valuable and influential lender.

Omokolade Ajayi Omokolade Ajayi

Capitec Bank: South Africa’s $19 billion retail banking giant with 22.1 million customers

Founded in 2001, Capitec has grown into Africa's largest retail bank by market size, assets, and customer base.

Omokolade Ajayi Omokolade Ajayi

CIB remains Egypt’s biggest company with $5 billion market cap

Amid a strong performance in Egypt's stock market this year, shares of several listed companies have reached record highs.

Omokolade Ajayi Omokolade Ajayi