Banking Archives — Page 19 of 58

January 30, 2021 No Responses

Fidelity Bank Restates Support To MSMEs

Fidelity Bank Plc has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that...

January 29, 2021 No Responses

Fitch Rating: Ecobank Nigeria Has Stable Outlook, Quality Management

Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. The report, re...

January 28, 2021 No Responses

Ecobank Pledges To Boost MSMEs Lending With N50b Bilateral Subordinated Loan

Ecobank Nigeria newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country, Managing Director, Patrick Akinwuntan has said. He pointed out that the bank recognizes MS...

January 20, 2021 No Responses

Access Bank Targets International Expansion With HoldCo

Access Bank Plc said on Tuesday that its transition to Holding Company (Holdco) would offer continent-wide opportunities and support international expansion drive. The bank’s Group Managing Director/ Chief Executive Officer, Mr Herbert Wigwe, said this at it...

January 20, 2021 No Responses

UBA’s LEO: Celebrating three Years of Revolutionised Banking Services

Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so...

January 15, 2021 No Responses

First Bank Unveils Innovative, Convenient Virtual Payment Card

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to ei...

January 9, 2021 No Responses

Ecobank Nigeria Launches Radio programme for SMEs

Ecobank Nigeria has launched a radio programme – “Ecobank Business Hour” targeted at empowering small and medium enterprises (SMEs) in the country. Emeka Agada, Head, SME, Ecobank Nigeria, explained that the programme which is being syndicated acro...

January 7, 2021 No Responses

Access Bank Zambia Completes Acquisition Of Cavmont Bank

The board of Access Bank Plc on Wednesday announced complete acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd. Mr Sunday Ekwochi, the bank’s Company Secretary, explained in a statement that the acquisition was com...

January 4, 2021 No Responses

Onyeali-Ikpe, First Female MD/CEO Of Fidelity Bank Assumes Office

The new Managing Director/CEO of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021 has assumed office, becoming the 4th Chief Executive and first female to occupy the position since the inception of the bank in...

January 1, 2021 No Responses

CBN Pledges Increased Access To Credit In 2021

Nigerian households will most likely have improved access to credit beginning from the first quarter of 2021, the Central Bank of Nigeria (CBN) has said The Credit Condition Survey Report released by the Statistics Department of the apex bank has...

December 31, 2020 No Responses

KPMG Names Ecobank Nigeria Among Top Three In Customer Service Support To SMEs

Leading audit and professional services company, KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking industry customer experience...

December 29, 2020 No Responses

Fidelity Bank Announces Board Retirements, New Appointments

Fidelity Bank Plc has announced new Board appointments in place of some of its outgoing Directors, who recently successfully completed their tenure on the Board in accordance with the Bank’s internal governance policies. A statement issued on Monday explaine...

December 26, 2020 No Responses

CBN Revokes Licenses Of Seven Payment Service Providers

The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to meet up with their statutory obligations. An official Gazette, obtained from CBN’s official website...

December 23, 2020 No Responses

Access Bank unveils ‘Closa Agents’ To Strengthen Financial Inclusion

Access Bank Plc has empowered and inaugurated more than 50,000 agents to provide financial services to customers across the country during the Yuletide. Access Bank’s Senior Banking Advisor, Mr Robert Giles, made the discosure in a statement on Tuesday...