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NBM Development Bank posts K893m profit - Vimarsana News

NBM Development Bank posts K893m profit

NBM Development Bank Ltd has registered a profit-after-tax of K893 million in 2023 on account of a growing loan book and investment fund. The profit-after tax is a rise from the K304 million posted the previous year. In a summary of audited financial statement for the year ended December 2023 signed by board chairperson Macfussy

Forced bank mergers: Who wins and who loses? - Vimarsana News

Forced bank mergers: Who wins and who loses?

Merging a weak bank with a strong bank without addressing the issues that caused the weak banks to fail in the first place might bring down both the banks

Directors, top officials of merged banks can't hold posts in acquiring entity - Vimarsana News

Directors, top officials of merged banks can't hold posts in acquiring entity

The guideline comes four months after the BB issued the Prompt Corrective Action (PCA) framework to give a procedural direction for mergers and acquisitions amidst the deteriorating financial condition of some banks and financial institutions.

KEFI Gold and Copper : GM Statement -March 26, 2024 at 03:24 am EDT - Vimarsana News

KEFI Gold and Copper : GM Statement -March 26, 2024 at 03:24 am EDT

26 March 2024 KEFI Gold and Copper plc GM Statement KEFI , the gold and copper exploration and...

KEFI Gold and Copper well placed to charge ahead with projects in Ethiopia and Saudi Arabia - Vimarsana News

KEFI Gold and Copper well placed to charge ahead with projects in Ethiopia and Saudi Arabia

KEFI Gold and Copper plc (LON:KEFI) updates shareholders on progress with funding for the Tulu Kapi Gold Project in Ethiopia and advanced projects in Saudi Arabia.