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This was a decline compared to 13 banks that were in violation of the Banking Act and Central Bank of Kenya (CBK) Prudential Guidelines in the year ending December 31, 2020.
Investegate announcements from Federal Bank Ltd The, Annual Financial Report
NAIROBI, Kenya, March 29-The Central Bank of Kenya (CBK) has taken regulatory action against Ecobank Kenya Limited for unsafe trading practices and Kenya breaking news | Kenya news today |
Ecobank’s acknowledgment of its obligations as an authorized foreign exchange dealer and its commitment to address the underlying issues
Each company formulates policies considering the peculiarities of their industries, to determine when a debt becomes doubtful or bad.