The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website.

Nigeria, Africa’s largest economy, is at last moving out of recession, Ghana’s growth continues to be strong, and the region’s smaller countries are picking up as they shake off the lingering effects of the Ebola outbreak"...

(AETOS Wire)-- Once again, the Aperta Active Clearing System (ACS) has delivered the mechanism for a country to implement a world-class electronic payment processing environment to maximize a national payments system’s efficiency, effectiveness, security and control.

Aperta partnered with the Cayman Islands ACH Operator (Prism Services (Cayman) Ltd.) and local commercial banks to deliver a new Electronic"...

Mauritian lender SBM Holdings has formally taken over troubled Chase Bank following the conclusion of a sale deal.

The Central Bank of Kenya (CBK) and the Kenya Deposit Insurance Corporation (KDIC) said Tuesday they had concluded the signing of the acquisition deal with the lender and SBM group earlier announced early this year.

“This concludes the discussions between"...

Wema Bank Plc, Nigeria’s longest serving indigenous Bank and pioneer of Africa’s first fully digital bank ALAT, has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country.

Agent Bank is a cost-effective medium employed by Banks to provide financial access to unbanked, underbanked, and branch-starved communities. It is the provision of basic financial services"...

The National Bank of Egypt (NBE) arranged 48% of syndicated loans in the Egyptian and African markets during the first quarter (Q1) of 2018, according to a Bloomberg assessment of banks during the first three months of 2018.

According to that evaluation, the NBE was ranked as the best bank in the Egyptian banking market and on the African continent in syndicated loans for which the bank was the main bookrunner and marketer, with a market share of"...

Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.

OPIC contributed US $40 million to the Fund while the African Development Bank is providing a Senior Loan of $10 million to support the development of local currency corporate bond markets in Africa.

The"...

The African Export-Import Bank (Afreximbank) and the Indonesia Eximbank have entered into an agreement to commit up to $100 million to support businesses and trade activities between Indonesia and African countries.

The agreement, signed on the sidelines of the Indonesia-Africa Forum, will support African imports from Indonesia and African exports to Indonesia in order to stimulate increased trade flows between Africa and Indonesia and spur economic"...

(AETOS Wire) -- Bank of America reported its first-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180416005642/en/

• Bank"...

(AETOS Wire) -- IDEMIA’s metal cards are the newest addition to HSBC’s credit card offering in the UAE. The new HSBC Black Credit Card is designed for the affluent customer segment and it features exclusive benefits including 200,000 sign-up Air Miles, 100,000 anniversary Air Miles, accelerated rewards earning up to 2.5 Air Miles per 1 AED spent on the card, unlimited complimentary airport lounge access for cardholders and guests, complimentary HSBC Entertainer including"...

Bank Audi sae, one of the fastest growing banks in the Arab Republic of Egypt, has successfully transformed multiple banking processes powered by Newgen’s Business Process Management and Enterprise Content Management platforms. With an aim to become one of the leading private banks in Egypt, the Bank has streamlined its processes to achieve greater efficiency and provide enhanced customer experience.

Speaking of the achievement, Afaf Sinno,"...