President Muhammadu Buhari has tasked the World Bank to facilitate the speedy repatriation of stolen funds still being held by Swiss authorities. Read more »
The bank's automated teller machines, internet and mobile banking platforms are now working normally. Read more »
Ethiopia's parliament has made amendments to the stringent rules on restriction of foreign financial institutions into its markets. Read more »
Up to now depositors have been restricted to withdrawals from teller machines at their respective banks. Read more »
Trade minister Rob Davies has raised controversy over statements he made during a keynote speech at the World Intellectual Property Organization. Read more »
The government has been asked to quickly put the newly enacted Companies Act law into practice to enhance the responsibility of company directors following Chase Bank, Imperial ... Read more »
Reports say when Chase was placed under receivership, it had about 170,000 depositors, 62 branches, U.S.$1 billion in assets and a 3% market share. Read more »
A team has been formed to investigate mismanagement and questionable transactions at the National Bank of Kenya and Chase Bank. Read more »
The country's banking regulator has blamed mounting banking sector woes on weak lending policies and management failure. Read more »
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