According to Central Region Police Commander Larry Kieng’, the men went to the bank at about 7am am where they were ushered in by the Operations Manager and other staff/FILE NAIROBI, Kenya, July 6- Twelve suspects, among them eight Kenyans, three Rwandese and a Ugandan have been sentenced to eight years imprisonment for cyber-related crimes […]
Tag: XNAI_EQTY
East Africa’s Top Banks Weather the Storm to Post Impressive Results
East Africa’s top banks have defied the tough economic crisis of the pandemic to report a rise in profits. The resilience of top banks has been tested by mobile money transfer and rising defaults in loan repayments. Moreover, sluggish economic growth forced banks to freeze credit facilities available to the private sector. Mobile Money and […]
Bank of Queensland shares outperforming all ASX 200 banks this month
Over the last 30 days, shares in Bank of Queensland Limited (ASX: BOQ) have outperformed those of all other S&P/ASX 200 Index (ASX: XJO) banks. At the time of writing, the Bank of Queensland share price is $9.05 – 1.12% higher than it was this time last month. That makes it the best performing ASX […]
5 Stocks Account For 92.34 Percent Of NSE’s Wealth
The Nairobi Securities Exchange (NSE) is running courtesy of 5 major stocks, with the majority of them being commercial banks. On Thursday, the NSE hit a three-year all-time high with the giant telecommunications; Safaricom leading the way. Since Mid-May, investors at the NSE have gained 207.5 billion shillings. The market has been warming up to […]
Equity Bank’s new card set to foster cashless payments in Tanzania
Dar es Salaam . Equity Bank Tanzania yesterday launched a new card designed to offer a range of payment options that allow individuals and companies to control and improve the management of funds. Known as ‘Eazzy Card’, the new gadget is aimed at providing its holders with an alternative banking platform that allows for safe, […]
Australian sharemarket has negative start to 2021-22, with banks down but gold, buy-now-pay-later soars
The Australian sharemarket had a negative start to the new financial year, with banks weighing the heaviest but gold stocks shone brightly. Picture: NCA NewsWire/David Swift The Australian sharemarket had a negative start to the new financial year on Thursday after rallying 24 per cent in the past 12 months, with banks weighing the heaviest […]
Bank of Queensland (ASX:BOQ) completes ME Bank purchase
Managing Director & CEO, George Frazis Bank of Queensland (BOQ) completes the $1.3 billion purchase of Members Equity Bank (ME Bank) The company announced the acquisition earlier this year BOQ and ME Bank will continue to operate as separate authorised deposit-taking institutions (ADI) in the short term CEO and Managing Director George Frazis said this […]
Equity Bank Rwanda Launches Payment Card Usage campaign With Visa
Equity Bank Rwanda Launches Payment Card usage campaign with Visa. Equity Bank Rwanda has today launched an exciting Visa Card Promotion that seeks to promote usage and payments of goods and services. The campaign will see customers win exciting prizes ranging from Household Appliances, Brand New Laptops, Supermarket Vouchers, Travel Vouchers, and many more exciting […]
FEATURED: Equity Bank Rwanda in digital payment push
Equity Bank Rwanda has unveiled a one-year campaign that seeks to promote the usage of different Visa cards to pay for goods and services. The campaign dubbed “Ikarita ikora hose: card that works everywhere” will see customers win exciting prizes ranging from household appliances, brand new laptops, shopping and travel vouchers as well many other […]
FEATURED: Equity Bank opens new branch in Kimironko
Equity Bank Rwanda has opened a new retail branch in Kimironko sector of Gasabo District bringing the Bank’s nationwide footprint to 15 branches. According to Hannington Namara, the Managing Director of Equity Bank Rwanda, the move is in line with sustained efforts to increase access to banking services to customers in Kigali and its surrounding […]