August 17, 2016/SEC Following resolutions at the just concluded Capital Market Committee (CMC) meeting, the Securities and Exchange Commission (SEC) hereby directs all market operators who are yet to register as members of their respective trade groups or associations to do so on or before 31st October, 2016 unfailingly. Background As part of […]
Updates
Guaranty Trust Bank Plc: HY’16 Non-Interest Income Spurs Massive Outperformance
August 17, 2016/Cordros Research Guaranty Trust Bank Plc (GUARANTY) just released its HY’16 earnings report. Annualized earnings per share was N5.48 (HY’15: N3.76), significantly higher than both consensus and our estimates of N3.58 and N3.67 respectively. The bank also declared an interim dividend of N0.25 (HY’15: N0.25) with a closure […]
Ecobank Shines At Asian Banker’s Awards as Akinwuntan wins Best Retail Banker in Africa award
August 17, 2016/Ecobank Ecobank has won Customer Relationship Management of the Year, Retail Risk Management Initiative of the Year and Best Business Model Execution in West Africa for 2016 at The Asian Banker’s 1st Annual West Africa Awards Ceremony held in Lagos recently. The Best Retail Banker in Africa award […]
