An Africa Business Community
United Bank for Africa has restated its commitment to the development of Africa through strategic support to businesses and providing the critical financial intermediation necessary in addressing infrastructural gap on the continent. The bank’s commitment to Africa was made during the recent tour of the West Africa coast by Mr. Phillips Oduoza, Group Managing Director and Chief Executive Officer, UBA, while addressing select business leaders in Ghana, Burkina Faso and Benin Republic. …
Added by Linda Larbie on March 9, 2011 at 1:15pm — No Comments
EquityBank bounced back to its reputed impressive growth rate by announcing a Kshs 9 billion profit before tax for the year 2010. The Kshs9 billion profits reflect a growth rate of 71%, up from Kshs 5 billion posted the previous year.
Speaking when he released the results, Equity Bank Group Chief Executive and Managing Director, Dr James Mwangi attributed the Bank’s impressive results to the massive growth in number of customers by 1.5 million and a growth of 50% on customer…
Added by Linda Larbie on March 1, 2011 at 3:00pm — No Comments