BMCE Bank of Africa Archives

Conrad Nkutu appointed to Bank of Africa Tanzania’s board

Muhereza KyamuteteraCompany News News & Analysis The Big StoryJuly 27, 2022July 27, 2022

Bank of Africa Tanzania Limited, a subsidiary of BMCE Bank of Africa Group, has appointed management consultant, Conrad Nkutu to its Board of Directors. Conrad was appointed in May 2022. Headquartered in Casablanca, Morocco and operating in 18 countries across 4 continents (Africa, Europe, North America, Middle East, Asia), BMCE Bank of Africa had USD34.5 billion in assets and a net profit of USD285 million as of December 2021. Conrad is a Ugandan management consultant and business leader and Director at Strategos Consult Ltd, a business growth, risk management and loss-to-profit turnaround consulting firm. He is also a director…

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BANK OF AFRICA’S ARTHUR ISIKO: Our doors are open for post-Covid-19 recovery solutions

Muhereza KyamuteteraBanking & Financial Services The Big StoryMay 20, 2020May 20, 2020

Most often people do look out for profits or losses in a bank’s results, but there is often a lot of facts behind the figures that go unmentioned. What are some of the key highlights about your 2019 results that are worth celebrating? It is true that our performance reflects healthy growth in net profit by 33% between 2018 and 2019. However, our financial performance reflects much more – growth, resilience, and sustainable banking. We increased our financial services intermediation as reflected in our credit book growth by 15%. This growth was largely driven by additional credit facilities to small…

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CUSTOMER APPRECIATION: Bank Of Africa rewards oldest customers and top digital users

CEO East Africa MagazineBanking & Financial Services Company NewsDecember 14, 2019January 9, 2020

Bank of Africa Uganda on Friday 13th December rewarded it’s oldest active clients and the top digital users of the bank’s services with gift hampers and media recognition. The outstanding customers had a breakfast meeting with the Managing Director – Arthur Isiko and the Executive Director Bernard R. Magulu at Bank of Africa Head Offices on Jinja Road L-R Executive Director BANK OF AFRICA – Bernard R. Magulu and Managing Director Arthur Isiko award one of the active mobile wallet customers. Far right is the Head Retail Banking Stella X. Atim Engena “We are appreciating 10 customers for their continued…

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