03/31/2019

KCB to revise its buy offer for Imperial Bank assets

KDIC chief executive Mohamud Ahmed said late December that Kenya’s largest bank by assets was at the time conducting due diligence that would pave the way for takeover of the unnamed branches.

03/29/2019

Judiciary faces Sh216m loss from Chase Bank bonds

Mr Ouko says the terms and conditions of the contracts for construction of 28 law courts required each contractor to submit a performance bond to secure the employer (Judiciary) in case of failure to implement the projects as provided in the signed contra

03/25/2019

IMF Board commends Ghana's banking sector reforms

The Bank of Ghana, in 2017, began a comprehensive reform exercise of the banking sector with the objective of cleaning up the sector and strengthening the regulatory and supervisory framework for a more resilient banking sector.

03/25/2019

SEC assures investors of vibrant asset management industry

SEC is working at enabling quicker access by the investing public to information on its licensees with the help of information technology to assist the investing public to make informed decisions rather than being misled by unsubstantiated claims in the s

03/22/2019

Oigara: How banks can reduce cost of loans to SMEs

The Business Daily spoke to KCB Group chief executive officer Joshua Oigara, who is also the chairman of the Kenya Bankers Association governing council, on the emerging issues in the sector following the ruling.