Browsing: Atlas Mara

Business

30. September, 20200

Nigeria’s Access Bank buys BancABC Mozambique from Atlas Mara

Nigerian-based Access Bank is to buy BancABC in Mozambique from Atlas Mara, after a proposed sale to Kenya’s Equity Group fell through earlier this year

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Business

24. June, 20200

Atlas Mara seeks new buyer for BancABC after Kenyan suitor walks away

Atlas Mara is looking for a new buyer for BancABC in Mozambique after Kenya's Equity Group pulled out, citing the economic effects of covid-19

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Finance

31. May, 20170

‘A Mozambican solution’: Bank of Mozambique pension fund to buy Moza Banco

The Bank of Mozambique today announced that the central bank’s pension fund has won the…...

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Finance

24. May, 20170

Moza Banco bidders wait for decision on 9 June

The new owner of Moza Banco, one of Mozambique’s biggest commercial banks, will be decided…...

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Business

3. April, 20170

Atlas Mara quits Moza quest as Barclays joins the fray

European and African banking groups are conducting due diligence on Moza Banco and preparing binding…...

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Business

23. March, 20170

Moza Banco back in play after shareholders fail to raise recap funds

The Bank of Mozambique is preparing to sell Mozambique’s fourth largest bank to a new…...

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Finance

8. February, 20170

Atlas Mara and others prepare bids for Mozambique’s Moza Banco

Potential buyers of Moza Banco, including pan-African banking group Atlas Mara, are preparing non-binding bids…...

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Business

1. February, 20170

Moza Banco owner seeks shareholder cash injection to keep control of bank

Moçambique Capitais, the majority shareholder of Moza Banco, is seeking a cash injection from shareholders…...

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Business

21. November, 20160

Bank of Mozambique calls for calm, as fear and rumours jeopardise banks’ stability

The Bank of Mozambique said on Friday, 18 November, that all remaining banks in the…...

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Business

17. November, 20160

Bank failures offer clues for things to come in Mozambique’s banking sector

First Moza, now Nosso Banco – with two failed banks in less than two months…...

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Intelligent news from Mozambique

Browsing: Atlas Mara

Nigeria’s Access Bank buys BancABC Mozambique from Atlas Mara

Atlas Mara seeks new buyer for BancABC after Kenyan suitor walks away

‘A Mozambican solution’: Bank of Mozambique pension fund to buy Moza Banco

Moza Banco bidders wait for decision on 9 June

Atlas Mara quits Moza quest as Barclays joins the fray

Moza Banco back in play after shareholders fail to raise recap funds

Atlas Mara and others prepare bids for Mozambique’s Moza Banco

Moza Banco owner seeks shareholder cash injection to keep control of bank

Bank of Mozambique calls for calm, as fear and rumours jeopardise banks’ stability

Bank failures offer clues for things to come in Mozambique’s banking sector

Zitamar Daily Briefing, 1 December