In what is widely viewed as submission to the statutory requirement by the central bank of Kenya that all banks raise core capital to one billion shillings by the year 2012, southern credit bank and the equatorial commercial bank have signed a merger agreement that brings the two under the equatorial brand. Details of the deal, expected to be concluded within the next four weeks remain scanty. The two banks have until close of business, Wednesday to comply with statutory reporting requirements by publishing their statement of accounts for 2009.
Southern Credit, Equatorial Banks Merge
Living
By | 16 years ago | 1 Min read
.
Trending Now
- Staying present through the seasons of motherhood
- Staying present through the seasons of motherhood
- Beware: Your dreadlocks may just be from the morgue
- ABC's for long, luxurious hair
- 'When it comes to sex, you're more than just a gatekeeper'
- Financial infidelity: When money secrets shake a marriage
- Lucy Kingori: How I cured my son's eczema
- How to get out of your comfort zone, a step at a time
- Six signs you have imposter syndrome
- Stakeholders call for action as teenage pregnancies remain high
.
Popular this week
- Staying present through the seasons of motherhood
- The nailing wonder truth
- Health chatbots can be useful, but they should not substitute a doctor
- When motherhood isn't what you expected it was going be
- Crochet is everywhere! Here's how to wear it right
- Financial infidelity: When money secrets shake a marriage
- Canvas of a dream with Sonal Haria
- Seven ways to relieve stress
- ‘My wife lets our daughter sleep in our bed at night, I sleep in the spare room’
- Signs your man might be cheating
.
Similar Articles
.
Latest Articles
.
Recommended Articles
GET OUR NEWSLETTER
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join