BANKING & FINANCE
The latest in the East African financial and banking sector
Commercial International Bank Egypt Completes Full Acquisition of Mayfair Bank
Egypt’s largest private lender Commercial International Bank (CIB) has obtained the approvals of the Central Bank of Egypt (CBE) and the Central ...CBK Revises Inflation; Holds Policy Rate at 8.75%
The Central Bank of Kenya’s Monetary Policy Committee (MPC) on Monday retained the policy rate at 8.75 per cent to ensure inflation ...CBK Approves Equity Bank’s Acquisition of Spire Bank
The Central Bank of Kenya and the National Treasury have approved the acquisition of certain assets and liabilities of Spire Bank Limited ...How to Secure Personal Data: The Dos and Don’ts
In Kenya, the adoption of digital technologies has seen an increase in cybersecurity threats and risks. This has been primarily due to ...Central Bank of Kenya Licenses 12 More Digital Lenders
The Central Bank of Kenya (CBK) has approved 12 more digital credit providers (DCP), bringing the total number of licensed digital lenders ...Court Gives Nod to Levy Fees on Bank-to-Mobile Transactions
Justice Mugure Thande declined to extend orders compelling Safaricom and the Central Bank to suspend the reinstatement of charges for bank-to-wallet transactions. ...
