Shareholders of KCB Group have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB). At the…
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An authorized securities dealer is a person authorized to deal in securities and operate in a specified market segment as may be prescribed by the Authority.
Kenya registered a growth of 6.7 per cent in 2021 after a 0.3 per cent contraction in 2020.
Financial instituions use technology to support their business processes, reduce costs, diversify income streams, and improve customer experience.
The CBK estimates a wider current account deficit at the end of the 2022 calendar year at an equivalent 5.9 per cent of GDP on account of higher international oil prices.
The deal will see Equity, which has a KSh1.3 trillion asset base, take over KSh945 million in loan assets from struggling Spire Bank and deposit liabilities of KSh1.3 billion.