March 11, 2019/Access Bank Plc Access Bank Plc announced that it has signed a Subordinated Syndicated Loan Agreement totaling USD 162.5 million. The facility has been arranged by FMO, the Dutch development bank, and is provided together with BIO (Belgian Investment Company for Developing Countries SA/NV), Blue Orchard Microfinance Fund, […]
Money Market
Gross Official Reserves Decreased by US$860m in February 2019 to US$42.31bn
Culled—Proshare March 11, 2019/ FBNQuest Research Gross official reserves decreased by US$860m in February to US$42.31bn. The principal drivers of movements in reserves are currently oil revenues and the trades of foreign portfolio investors (FPIs). The oil price has settled above US$60/b since the end of January with help from […]
Vista Bank Partners Temenos to Power its Digital Transformation and Growth Across Africa
March 11, 2019/Temenos Vista Group (VistaBankGroup.com), a challenger bank building itself into a world class pan-African financial institution specifically designed to meet the needs of retail and commercial customers, has partnered with Temenos (SIX: TEMN) (Temenos.com), the banking software company, to power its digital transformation journey. Vista Bank is transforming […]

