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Wealthy Kenyans Rush to Move Money From Small Banks

Wealthy Kenyans Rush to Move Money From Small Banks
Kenyan Currency notes.
File
Kenyans holding more than Ksh100,000 in small banks are rushing to withdraw their money after three mid-sized financiers were placed under receivership for failing to meet their obligation in 2017.
The mid-sized financiers included; Chase bank, Imperial bank and Dubai bank.
According to the Central Bank of Kenya (CBK), small banks currently control 5.84% of accounts down from 13.26% in 2017.
File image of Kenyan banknotes
File
Depositers are now depositing their money in larger institutions in a bid to avoid being entangled in financial trouble.
CBK classified 21 small banks as low tier, indicating that the banks had 90,572 quality accounts compared to 210,047 in 2017. ....

United Arab Emirates , Simon Kiragu , Central Bank , National Treasury , Kenya Deposit Insurance , ஒன்றுபட்டது அரபு அமீரகங்கள் , மைய வங்கி , தேசிய கருவூலம் , கேந்ய வைப்பு காப்பீடு ,

CNN CNN Newsroom Live November 20, 2015 08:18:00

Mixed opinions, particularly in some of the communities where some of the militants were recruited from, where they were radicalized. in the neighborhood of molenbeek, it s a brussels neighborhood. even though we re here in the heart of the european union, there were some voices that came out after the death of abaaoud saying they were saddened by his death. and it shows you where some of the pools of recruitment are coming from jihad dis, though others came out condemning him. take a listen to some of these different opinions. translator: leave islam alone. leave the prophet alone. each with his own religion. christian vass their own religion. muslims have their own religion. and stop talking in a bad way of mohamud. stop killing people in the middle east, and there won t be any terrorists anymore. and if you keep going, the terrorists won t stop. i don t have any feeling about his death. i think so it was the kind of person who looks for these ....

European Union , Abdelhamid Abaaoud , Jihad Dis , Won T , Middle East , Pit Stop ,

CNN Amanpour November 20, 2015 07:33:00

translator: leave islam alone. leave the prophet alone. each with his own religion. christians have their own religion. muslims have their own religion. so stop talking the bay way of mohamud. stop killing people in the middle east, and there won t be any terrorists anymore. and if you keep going, the terrorists won t stop. i don t have any feeling about his death. i think it was the kind of person who looks for these things. they made terrible things. and that s it. but i am not going to cry about his death. that s for sure. translator: i grew up in islam. i never saw a single verse in the koran that said you can go blow yourself up in front of innocent people and kill them like that. we were all emotional. we were all shocked. and i hope this won t happen again. it s worth noting, ....

Won T , Pit Stop , Middle East ,

CNN Erin Burnett OutFront May 4, 2015 23:12:00

There is on officer-involved shooting. absolutely. we ve tried ourselves to get into it. it s hard to answer those questions with any certainty. absolutely. this is a conversation we re just beginning. i want to thank dee watkins and marc lamont hill. six more officers charged in the death of freddie gray. an exclusive interview with the prosecutor next. plus breaking news on the two men who tried to attack a mohamud cartoon event in texas. u.s. authority news looking into their ties to international terrorists. and a young new york city officer shot while working undercover. he died today from his wounds. our report right after this. ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don t want to think about the alternative. i don t even know how to answer that. ....

Dee Watkins , Breaking News , Cartoon Event , Freddie Gray , Marc Lamont Hill , New York , Working Undercover ,

CNN Erin Burnett OutFront May 4, 2015 23:24:00

Throw him in the back of the van and give him what they call a nickel ride. if one cop says that about the others. a lot of people will be watching that trial when it happens if it goes to trial. paul callan paul martin thanks very much. thank you. up next new details about the two armed gunmen about to attack a mohamud cartoon event in texas this weekend. who are they and were they linked to isis? jeanne moos with the world s most famous baby. when you re not confident you have complete visibility into your business, it can quickly become the only thing you think about. that s where at&t can help. with innovative solutions that connect machines and people. to keep your internet of things in-sync, in real-time. leaving you free to focus on what matters most. ....

Paul Martin , Paul Callan , Nickel Ride , One Cop , Cartoon Event , Jeanne Moos , Connect Machines , At T ,