South Africa's Kganyago says SARB policy is still accommodating
South African Reserve Bank Governor Lesetja Kganyago discusses monetary policy and the prospects for the South African economy with Bloomberg's Guy Johnson and Vonnie Quinn on "Bloomberg Markets: European Close."
First Bank showcases opportunities in Nigeria’s agric value chain
CEO of First Bank of Nigeria (FBN) and Subsidiaries, Adesola Adeduntan says the objective of the Bank’s Agric Expo is to support the goal of the Federal Government of Nigeria to make Agriculture a mainstream in the country. To discuss this, he joins CNBC Africa’s Christy Cole for more.
Argentina stocks rebound after currency controls take effect
Argentina's spiraling peso rallied slightly after the country imposed capital controls. Despite government assurances, long lines formed outside banks with people worried about being able to withdraw their cash.
Get paid for a home loan: European lenders turning banking on its head
European banks are twisting traditional economics of lending and borrowing to cope with years of sub-zero rates. With more easing expected, the lenders are only going to get more desperate to preserve their profits.
Zenith Bank reports 8.7% increase in H1 PAT to N88.9bn
The Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu says the first half of the year was very challenging and interesting. He made this remark when commenting on the bank’s half-year earnings with CNBC Africa’s Esther Awoniyi.
Zenith Bank CEO on tackling wrong use of loans and cybercrime in Nigeria
The Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu says banks need to collaborate with investors to achieve efficient use of loan facilities. He cites cyber security as a major challenge – he begins by highlighting steps taken to combat wrong use of loans by borrowers. He joins CNBC Africa’s Esther Awoniyi for more.
Stanbic IBTC Analyst expects profitability and economic stability following Ghana Bank’s H1 Earnings
As the half-year earnings season continues – to assess the performance of some banks in Ghana, Ola Alassan, West African Bank (WAB) Analyst at Stanbic IBTC joins CNBC Africa for more.
Central bankers to keep credit hot?
As waves of easy monetary policy wash over the world’s financial markets, some of euro-denominated high-yield bonds are now trading with a negative yield. But in a sign of increasing bifurcation between riskier and safer credits, some issuers had to offer chunky yields to draw investor interest, while others found heated demand. Bloomberg's Jonathan Ferro sat down with TD’s Priya Misra, JPMorgan’s Oksana Aronov and Robert Tipp of PGIM Fixed Income to discuss the outlook for high yield and investment grade credit.
CBN's new target for Microfinance Banks
The Central Bank of Nigeria (CBN) has set new targets for Nigeria's Microfinance banks in its revised National Financial Inclusion Strategy. With a target of 774 new bank accounts per year in view, the CBN wants each branch of every Microfinance bank to acquire 64 new customers per month. Rogers Nwoke, President of the National Association of Microfinance Banks joins CNBC Africa for more.