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IRA new legal framework for banks selling insurance to boost industry

Banks selling insurance products have been given new rules set out to make the Bancassurance industry operations more transparent and increase capital...

DAC Aviation spared insolvency in fight with sacked workers

Former employees at Kenyan based airline DAC Aviation have been barred from filing an insolvency case against the company for a Sh15.5...

How Eqyptian lender saved Mayfair Bank from imminent collapse

Had Egypt’s Commercial International Bank (CIB) failed to acquire stake in local lender Mayfair, the bank would be staring at volatility as...

SIB forex fund is compliant, regulator says

The market regulator has backed operations of SIB money market fund that invests in online foreign exchange and offshore commodities.

Women driving new homeownership trends

Three in every ten new homeowners who walked into Stanbic Bank to buy their first mortgage were women. Kenya...

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