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Latest Africa Commercial Bank News

  • Nigeria: Commission Probes Missing Energy Funds 28 Aug 2008 15:05 GMT
    ... Posted to the web 28 August 2008 THE Economic and Financial ... Dimeji Bankole had on Monday at the Nigerian Bar Association (NBA) conference, revealed that Ministries, ... to Central Bank of Nigeria (CBN), to commercial banks to State Governments. We have to ...

  • Nigeria: EFCC to Investigate Missing N1.5 Trillion Energy Fund 28 Aug 2008 11:55 GMT
    ... Posted to the web 28 August 2008 THE Economic and Financial ... Dimeji Bankole had on Monday at the Nigerian Bar Association (NBA) conference, revealed that Ministries, ... to Central Bank of Nigeria (CBN), to commercial banks to State Governments. We have to ...

  • Power hikes kick in 28 Aug 2008 09:13 GMT
    ... WORSE TO COME: Johannesburg residents can expect to see another 21percent ... central bank is now lending money to commercial banks is expected to worsen in the coming months. ... we have seen the peak in South African interest rates – and we would agree. ...

  • QNB takes strategic' 23.8% stake in UAE-based lender 28 Aug 2008 08:31 GMT
    ... acquiring a 23.8% stake in the UAE-based Commercial Bank International (CBI) for about QR1.1bn. The ... had picked up a 50% stake in Tunisian-Qatari bank, 30% in a new Kuwaiti-Qatari company ...

  • Power hikes kick in  28 Aug 2008 08:29 GMT
    ... WORSE TO COME: Johannesburg residents can expect to see another 21percent ... central bank is now lending money to commercial banks is expected to worsen in the coming months. ... we have seen the peak in South African interest rates – and we would agree. ...

  • QNB acquires 23.8% of the UAE based Commercial Bank International 28 Aug 2008 06:55 GMT
    ... in 1964 as the country's first Qatari-owned commercial bank, with an ownership structure split between ... (HBTF) which also operates in Palestine, Bahrain, Algeria, Syria, UAE, Libya and Iraq. QNB also ... for QNB. In 2008, QNB entered the Tunisian market through acquiring 50% of the Tunisian-Qatari ...

  • Electricity hike spikes inflation at 13 percent 28 Aug 2008 06:55 GMT
    ... ESKOM’s annual tariff increase caused a July inflation shocker ... the central bank is now lending to commercial banks – is expected to worsen in the coming ... to inflation in the months ahead. “South Africa is clearly not out of the woods ...

  • CREDIT AGRICOLE SA : First half 2008 28 Aug 2008 05:36 GMT
    ... PARIS -- (MARKET WIRE) -- 08/28/08 -- First half 2008 ... Net banking income from the entities in Africa and the Middle East grew by over ... international trade finance delivered a solid performance. Commercial banking operations stood up well, both in France ...

  • --> CREDIT AGRICOLE SA : First half 2008 28 Aug 2008 05:33 GMT
    ... PARIS--(Marketwire - August 28, 2008) - First half ... Net banking income from the entities in Africa and the Middle East grew by over ... international trade finance delivered a solid performance. Commercial banking operations stood up well, both in France ...

  • Provide Information On Economy 28 Aug 2008 04:35 GMT
    ... reference point for business people in West Africa and beyond. He also called on the ... of September, 2008. A representative of Ghana Commercial Bank, Mr Lord Badu; the Managing Director of Primex ...

  • Uganda: Why Ugandans Can No Longer Run, Jump Or Box [column] 28 Aug 2008 04:31 GMT
    ... 70s when Uganda performed better in the Africa Cup of Nations, the Commonwealth Games, and ... Uganda Posts and Telecommunications, Uganda Railways, Uganda Commercial Bank, Uganda Railways, or Kampala City Council. There used ...

  • QNB buys 23.7pc stake in Dubai bank for $302m 28 Aug 2008 03:58 GMT
    ... yesteday it bought 24 percent of Dubai's Commercial Bank International for $302m, the latest sign that regional ... years, expanding in the Middle East and Africa, Chief Executive Ali Shareef al-Emadi said in ... March took over the government's stake in Tunisian-Qatari bank. The Qatar Investment Authority, the Gulf ...

  • Former HUD Secretary Cisneros Cites Housing Decline as Unprecedented Drag on US Economy; Calls for New Stimulus Package 28 Aug 2008 01:37 GMT
    ... Former HUD Secretary Cisneros Cites Housing Decline as Unprecedented Drag ... than 50 percent of the loans to African Americans were sub-prime loans. The Federal Home ... -- its shareholders and customers -- are commercial banks, credit unions, savings institutions, thrift and loans, and ...

  • Financial sector reforms spur East Africa's economic boom 28 Aug 2008 01:37 GMT
    ... Financial sector reforms spur East Africa’s economic boom Daily Monitor Correspondent Dar es ... a rapid growth in the number of commercial banks from about 23 banks in Kenya in 1985 ...

  • Urban Trust Bank takes the Wal-Mart tack 28 Aug 2008 00:51 GMT
    ... retail, thrift savings and loan than a commercial bank, and we were paying a lot of money ... to say you're going to get the African-American market because you're an African-American bank. "I'm ...


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