BANKING SECTOR

EU Finance Chief Says Ditch National Symbols to Boost Capital Market

LONDON, June 18 (Reuters) - Merging national stock exchanges and clearing houses and pan-EU supervision are the next steps needed to achieve a better...

ShafDB Lauds Formation of Financial Caucus to Drive Continent’s Housing Agenda

Kigali, Rwanda- Shelter Afrique Development Bank (ShafDB) has applauded the formation of a Financial Caucus of African Ministers of Housing and Urban Development that will help identify...

BoU Revokes License of Mercantile Credit Bank Ltd

In a decisive move to protect depositor interests, the Bank of Uganda (BoU) has revoked the license of Mercantile Credit Bank Ltd, a Tier...

Access Bank Completes Acquisition of Tanzanian Lender in East African Foray

Nigeria’s Access Bank Plc has completed the acquisition of the African Banking Corporation Tanzania (BancABCT) as it seeks to deepen its foothold in East...

Big Crisis! Client Sues Stanbic Bank After Losing 68M From Account Through Flexi Pay Fraud

Joweria Nakku, a resident of Kyebando, a Kampala suburb has initiated legal action against Stanbic Bank Uganda Limited, accusing the bank of failing to...

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