Tag: Banking
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Collapsed Capital Bank case: Ato Essien, 3 others granted GH¢800m bail
William Ato Essien, a former founder and Chief Executive Officer (CEO) of collapsed Capital Bank, and three others, standing trial over the collapse of...
[South Africa] Absa separation from Barclays 69% complete, on track for completion in 2020
Absa Group, one of the largest financial services providers in Africa, told the investors that its programme to separate from Barclays is 69% complete,...
Collapse of five indigenous banks: Ken Thompson raises concern about delay in prosecution
The Chief Executive Officer of Dalex Finance, Mr Kenneth Thompson, has expressed worry over the delay in prosecuting persons responsible for the collapse of...
[Kenya] Banking industry enhances payments efficiency with automated direct debits and foreign currency clearing
The banking industry through the Kenya Bankers Association has completed three key projects to increase efficiency of the Automated Clearing House, a system that...
Standard Chartered launches digitally-led retail banks in Tanzania, Ghana
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly....