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Somalia lender to acquire struggling First Community Bank

Premier Bank Limited (Somalia) is seeking to acquire a 62.5 percent stake in FCB.

National bankAl qahirahJamii boraAdano warioSidian bankSpire bankGiro commercial bankCentral bankEgypt commercial international bankBank limited somaliaTransnational bankFirst communityCompetition authority of kenyaHabib bank kenyaFidelity commercial bankOrient bank uganda

Deputy CBK boss nominee wants rates cap reinstated

MPs should bring back a law capping interest rates to bring down the cost of loans, Susan Jemutai Koech has said.

Susan jemutai koechSpire bankDeputy governor of the central bankCentral bank rateNational assemblyEquity bankKenya bank reference rateDeputy governorCentral bankSenate financeSusan koech

Rating agency Moody s projects sale of small lenders to continue

Kenya’s banking sector is likely to see a continuation of the recent trend of takeovers by large lenders .

National bankSpire bankCentral bankKingdom bankTransnational bankEquity groupJamii bora bankUmwalimu saccoCo operative bankPresident daniel arapMoody 39 s

Equity Bank completes acquisition of Spire Bank

Equity Bank Kenya has announced that it has completed the purchase the certain assets and liabilities of Spire Bank.

South sudanJames mwangiEquity group holdingsSpire bankCentral bankSacco societies regulatory authorityEquity groupEquity bank kenyaCompetition authority of kenyaEquity bankBank kenyaCabinet secretaryCompetition authorityMwalimu national savingsCo operative society limitedUmwalimu sacco

Bank ordered to preserve Sh41m after claimants lawyer s death

The money, which is proceeds of a court award, belongs to at least 43 former employees of Nairobi Water and Sewerage Company.

Patrick njorogeCentral bankChase bankGovernor patrick njorogeSpire bankEquity bankNairobi water and sewerage companyCity hall workersEquatorial commercial bank

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