African Banks Maintain Resilience amid Difficulty

African Banks Maintain Resilience amid Difficulty

Author: Africa Business Radio October 9, 2023 Duration: 29:09
News Express
Business
A new report by the European Investment Bank (EIB) based on a 2023 survey of Banking in Africa has found that banks on the continent have continued to show resilience despite operating in what the EIB described as “ a difficult environment.”
The report titled “Uncertain Times, Resilient Banks: African Finance at a Crossroads” released under the EIB’s eighth annual Investment in Africa report and covering the continent’s banking system, found that banking in Africa continues to show resilience and a desire to support private sector development despite operating in a tough environment.
Key banking indicators, such as capital ratios, profitability and non-performing loans, have not deteriorated despite the challenges the region is facing,” the EIB report noted.
This resilience, according to the report, may rightly be attributed initially to pandemic support measures to bolster the continent’s banking system, but it said such measures have been wound down, and that “most key bank metrics remain solid.”

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

Official website RSS
News Express
Podcast Episodes
Analysts On Navigating Nigeria’s Mixed Business Landscape In 2023  [not-audio_url] [/not-audio_url]

Duration: 35:29
Policymakers, business managers, and investors have been told that the landscape of the economy in 2023 remains mixed and corporate strategies in organizations navigating this landscape would require having a keen eye on…
Experts Say Capital Markets Great For States, LG Finance  [not-audio_url] [/not-audio_url]

Duration: 32:34
After Many Decades Of relying on a revenue sharing formula that allocates funds from a central pool that has gradually become inadequate to meet basic and developmental needs, experts have challenged Nigeria’s subnationa…
Nigeria’s 8-year Long COVID’ as Buhari Struggles With Economy [not-audio_url] [/not-audio_url]

Duration: 27:56
In the Lead up to 2023, when elections are expected to take place for a new government to replace the current administration of President Muhammadu Buhari, now into its seven years and six months, it is becoming clearer…
Inflation Pangs Hound Businesses, House Across Nigeria [not-audio_url] [/not-audio_url]

Duration: 30:44
Rising Inflation since the beginning of 2022 has sent the global economy wobbling, driven majorly by an unusual mix of supply shocks associated with the Covid-19 pandemic and, later, the Russia-Ukraine conflict. From dev…
Queues Persist in Nigerian Banking Hall Despite Technology Wave [not-audio_url] [/not-audio_url]

Duration: 33:18
Cashless transactions in Nigeria have recorded appreciable growth since 2012 when the Central Bank of Nigeria introduced its cashless policy to give bank customers ease of transactions, eliminate long queues across banki…
Nigeria Watches As All Signs Point To Global Recession 2023 [not-audio_url] [/not-audio_url]

Duration: 26:28
Economies across the world have taken a beating since the turn of 2022, exacerbated by the Russia-Ukraine conflict, just as the world economy seemed to be recovering from the impact of the COVID-19 pandemic. From the US…
Nigeria's DMBs Assets Grew 15.3% To N62.9trn In 2021 [not-audio_url] [/not-audio_url]

Duration: 30:33
With enterprise Ngr proudly presenting Nigeria’s first State of Enterprise report which measures the country’s Financial and Professional Services sector, the performance of the FPS sub-sectors in 2021 validates its pivo…
EMs Face Stiff Headwinds As Global Growth Slows [not-audio_url] [/not-audio_url]

Duration: 30:44
As the global economy wriggles through uncertainties worsened by the protracted Russia-Ukraine war with its spillover effects seen in accelerating global inflation, aggressive tightening of monetary policies, worsening d…

«12345678...10»