banking Archive

National Bank of Commerce (NBC) plans to expand products that it offers under its Islamic Banking to benefit more potential customers. The bank started offering Islamic Banking services in May 2010 and it currently offers …

Stockbrokers remain optimistic of sustained improvement of trading on the Dar es Salaam Stock Exchange (DSE) notwithstanding low supply on some counters. Trading at Dar es Salaam Stock Exchange The brokers say supply constraint has …

Fewer people are lining up in banking halls as online banking and mobile money transactions pick up. Standard Chartered Bank Uganda over the counter transactions have fallen by over 20% over the last about seven …

Tanzania’s only fully shariacompliant financial institution, Amana Bank, has dished out loans amounting to 36bn/- as of June this year, according to its executives. The bank’s Manager for Communication and Marketing, Ms Fatuma Mruma, said …

Private sector investors in need of long-term credit financing for infrastructure development have an opportunity to access funding from the PTA Bank. The PTA Bank president, Admassu Tadesse This is prompted by a forecast that …

Competition for a bigger market share in the banking industry is getting stiffer and stiffer by the day as traditional banking giants appear to be losing steam that has propelled them to higher profit trajectory over …

More Kenyan companies are forging business ties with Somalia as rebuilding of the war-torn country gathers momentum. They want to take leading role in its reconstruction as world powers scramble for the resources and opportunities in the …