UK banking giant HSBC quits South Africa after 30 years - Finance in Africa
HSBC Holdings Plc has officially exited South Africa, ending a three-decade run which will see its assets and operations transferred to FirstRand.| Finance in Africa
HSBC Holdings Plc has officially exited South Africa, ending a three-decade run which will see its assets and operations transferred to FirstRand.| Finance in Africa
Zenith Bank, one of Nigeria’s largest financial institutions, saw its market capitalisation cross the ₦3 trillion ($2.04 billion) mark on Wednesday, a week after GTCO achieved the same feat.| Finance in Africa
The appointment announced on Friday comes as Ethiopia grapples with currency instability, heavy debt obligations and an ambitious programme to liberalise its financial sector.| Finance in Africa
The 108-year-old financial institution has announced the full redemption of its 15.75% Series 2 bond on September 3, 2025, settling principal and coupon payments in line with SEC rules.| Finance in Africa
Standard Chartered Kenya has warned that its net profit for 2025 could fall by at least 25%, following a costly pension settlement .| Finance in Africa
Zenith Bank, one of Nigeria’s largest lenders, is set to expand into Francophone Africa this year with a greenfield unit in Côte d’Ivoire.| Finance in Africa
