Bank News

Bank clients arrested for ‘disturbing’ Teso minister

By GEORGE MURON & SIMON PETER EMWAMU Two customers of dfcu Bank in Soroti District have been in police detention for five days after being arrested for denying the State Minister for Teso Affairs quick access to the counter.

Daily Monitor , Uganda Jan 16, 2019

‘Why we are supporting MSMEs with various intervention schemes’ | The Guardian Nigeria Newspaper - Nigeria and World News

The Executive Director, Micro Enterprises in the Bank of Industry (BoI), Toyin Adeniji disclosed that the Bank has given out over N400 million in loans to SMEs across Nigeria.

The Guardian , Nigeria Jan 15, 2019

AGF takes oil marketer to court, alleges forgery, N2.066bn fraud

The oil marketer was alleged to have forged a letterhead of Total Nigeria Limited, captioned ‘offer to sale dated February 21, 2011, which he falsely presented to a Bank to obtain N2,066,400,000 credit facility for delivery of 15 metric tonnes of aviation turbine kerosene.

Vanguard News , Nigeria Jan 15, 2019

Azania takes over collapsed Bank M

By REUTERS Tanzania’s central Bank has transferred the assets and liabilities of Bank M to Azania Bank, Deputy Governor Bernard Kibesse said on Tuesday.

The East African , Kenya Jan 15, 2019

Kayongo finally settled for fish farming

We are using technology and no insurance company will give you a policy when your fish is in the wilderness,” Kayongo says, Kayongo was recently recognized among the 10 Rising Women in a campaign organised by Monitor Publications Limited and dfcu Bank.

Daily Monitor , Uganda Jan 15, 2019

Ivanka Trump to help US choose candidate for World Bank

WASHINGTON, President Donald Trump's daughter and advisor Ivanka will help the United States choose its candidate to lead the World Bank but she will not be the one, the White House said on Monday.

Daily Nation , Kenya Jan 15, 2019

Assessing Nigeria’s quest for 80% financial inclusion

These efforts according to Consultative Group to Assist the Poor, CGAP, a global partnership of leading development organisations, is due to proven evidence of the positive relationship between access to financial services such as Banking, lending services, insurance and standard of living and poverty eradication.

Vanguard News , Nigeria Jan 13, 2019

Investors anticipate higher yields on TBs as N786bn hit interbank market

*Banks lose N660bn current account deposits By Babajide Komolafe The Central Bank of Nigeria (CBN) is expected to offer higher yields on treasury bills to be auctioned this week in a bid to mop up N786 billion inflow into the interBank money market this week.

Vanguard News , Nigeria Jan 13, 2019

Revealed: Hidden traps in Kenya SGR deal with China

The contract is signed by National Treasury Cabinet Secretary Henry Rotich and Mr Li Riogu, then-Chairman and President of the State-owned Export-Import (Exim) Bank of China.

The East African , Kenya Jan 13, 2019

Revealed: Hidden traps in SGR deal with China

The contract is signed by National Treasury Cabinet Secretary Henry Rotich and Mr Li Riogu, then-Chairman and President of the State-owned Export-Import (Exim) Bank of China.

Daily Nation , Kenya Jan 13, 2019