The Bank of Uganda (BOU) has shut down Mercantile Credit Bank Limited (MCBL). The action, effective immediately, revoke MCBL’s license…
Browsing: BANKING & FINANCE
Dive into the pulse of East African banking and finance with Khusoko.com. Explore in-depth news, analysis, and insights on everything from financial regulations and fintech trends to industry mergers and central bank announcements.
Family Bank shareholders have greenlit the creation of a non-operating holding company. The holding company will own shares along with…
British International Investment (BII) has sold its 10.1% stake in I&M Group, a leading East African banking group, to AfricInvest,…
Nigeria’s biggest lender Access Bank Plc, has acquired African Banking Corporation of Tanzania (ABCT) Limited strengthening its regional presence. The…
Standard Chartered Bank Kenya has finally launched its mobile lending service, the SC Juza app, after overcoming initial hurdles. During…
The Kenyan government has welcomed the opening of the Export-Import Bank of India (India Exim Bank) East African representative office…