10/17/2022
The policy toolkit measures related level rules for online marketing and distributio, level rules for online onboarding; responsibility for online marketing; capacity for surveillance and supervision of online marketing and distribution; and staff qualifi
10/17/2022
Regulatory notices show NCBA raised its base interest rates by 1.1 percentage points from November 11 while Stanbic and Standard Chartered increased theirs by 0.75 percentage points.
10/14/2022
All you need to do is to walk to the financial institution, they will value what you are presenting and give you the loan.
10/14/2022
It is estimated that when fully utilized, this RPA facility, will support approximately $500-600 million of trade over the next 3 years
10/13/2022
The court order directed the banks to file an affidavit of compliance within 14 days of receipt of the order.
10/13/2022
The acquisition started in May 2022 and it was reported that the deal to acquire Grindrod Bank was valued at R1.5-billion.
10/12/2022
A similar engagement will be undertaken with external bondholders, it added.
10/12/2022
According to CBK, separation of mobile money business from other businesses by telcos will facilitate realisation of a secure, fast, efficient and collaborative payment system that supports financial inclusion and innovations that benefit Kenyans.
10/12/2022
“The agreement that we have signed today with the NYSE will unlock opportunities for investors and issuers of both bourses,” said Fourie.
10/12/2022
He explained that the African Development Bank monitored and tracked the impact of each bank investment on gender through a gender-marker system.
10/11/2022
African Bank CEO Kennedy Bungane said: “This is an important step in the process of final incorporation and we commend the Commission and the Tribunal for their hard work and swift decisions.”
10/11/2022
But the figures show there are still a lot of crooks out there.
10/11/2022
Nigeria is a strong state.
10/11/2022
Five additional countries, including Nigeria, now benefit from an automatic exchange of banking information with Switzerland, taking the total to over 100 for the first time.
10/10/2022
The Guidelines provide that an interested applicant is required to obtain an offer letter for the property from the owner or approved agent and approach a Mortgage Lender to fill an application form.
10/07/2022
The disclosure of the sale and exit of SBM Holdings from Kenya comes in a period that has seen the bank disclose it owes the CBK Sh11.3 billion offered to keep the troubled lender afloat.
10/07/2022
Earlier in his address, the President of the Abuja Chamber of Commerce and Industry, Dr. Al-Mujtaba Abubakar, praised the CBN for coming to the rescue of MSMEs.
10/06/2022
The president argued that ‘blacklisting’ has ‘unfairly’ excluded millions of Kenyans from the formal credit system and denied others job opportunities.
10/06/2022
After a monetary policy committee meeting in September 2022, Godwin Emefiele, the CBN Governor, disclosed that the bank was raising its CRR from 27.5% to 32.5% as part of its moves to mop up liquidity and combat rising inflation in the country.
10/05/2022
At 6.25%, the benchmark matches its January 2020 level