08/17/2016
Sanlam fined N$15m by competition regulator
“This conduct is specifically prohibited in terms of Section 23 of the Competition Act,” he stated.
08/17/2016
“This conduct is specifically prohibited in terms of Section 23 of the Competition Act,” he stated.
08/15/2016
The country’s $20bn in annual remittances set to take a hit after central bank revoke the licenses of all but three money transfer companies
08/15/2016
The Meru County boss said it was important to safeguard workers' future especially in retirement.
08/12/2016
Islamic banking has key differences from conventional banks
08/12/2016
The expert points out in recent years have also seen a host of new market entrants.
08/12/2016
To establish a new Islamic Bank in Nigeria
08/12/2016
“Even Uganda is coming up with a different Act to govern Islamic banking and that’s the way to go.”
08/12/2016
This allowed third-party entities, based in places as varied as supermarkets, gas stations and post offices, to act as agents for the banks.
08/11/2016
Commercial banks, which collectively booked Sh38 billion in pre-tax profits between January and March alone, are all members of the 46-member lobby group.
08/10/2016
Commercial banks asked the central bank to amend its rule requiring them to keep non-performing loans on their books for one year even after they have been fully provided for.
08/10/2016
FOCAC was created in 2000 to, among other things, cement Sino-African relations by establishing sustainable trade deals, political and cultural exchanges.
08/10/2016
It is the latest such agreement to be signed between ADGM and other financial authorities across the world.
08/10/2016
SA Reserve Bank found “weaknesses” in money laundering and financing of terrorism controls
08/09/2016
Memorandum to enable greater cooperation on regulatory matters
08/08/2016
A number of the banks in a bid to recover their monies from Finatrade last year dragged the company which is one of Ghana’s biggest commodity trading companies to court.
08/08/2016
It added that the minimum subscription amount in the fund is N10,000.00.
08/05/2016
AKFED played a major role in helping the bank broker the December 3, 2015 deal with the Kenya Deposit Insurance Corporation
08/03/2016
It was also noted that CBN told banks operating in the country that bank accounts without the Bank Verification Number (BVN) would be operated as “No Customer Initiated Debit”
08/02/2016
Credit Bank also provided the structure and went further to disclose that since the bank is currently raising more capital through private placement, its current shareholding is subject to change.
08/01/2016
If the naira falls far enough, it will force some banks to recapitalize to have enough naira to stay within financial stability limits.