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MPs query odd withdrawal before sale of Merali’s bank

BUSINESS

They raised questions as to why the regulator and EY, auditors contracted by Mwalimu Sacco to conduct due diligence, okayed the deal.

MPs query odd withdrawal before sale of Merali’s bank

By Frankline Sunday | 7 days ago

Equatorial Commercial Bank re-brands to Spire Bank

Equatorial Commercial Bank re-brands to Spire Bank

Equatorial Commercial Bank (ECB) has rebranded to Spire Bank as it announced plans to restructure its operations to meet new business requirements.

Standard Reporter | 4 years ago

Senate investigates troubled Spire Bank

Lawmakers say lender recorded a 90 per cent default rate compared to industry rate of 13.1 per cent.

Moses Njagih and Wainaina Wambu | 5 months ago

Small banks fight for survival

Events preceding collapse of some banks in 2016 and introduction of rate cap coupled with governance issues have seen small players miss credit

Dominic Omondi | 1 year ago

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