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Live Breaking News & Updates on Spire bank

Stay informed with the latest breaking news from Spire bank on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Spire bank and stay connected to the pulse of your community

Banks in poor financial health rise to 13 in a year


The number of commercial banks in poor financial health in Kenya grew to 13 last year.

Kenya , Central-bank , Spire-bank , Equity-bank , First-community-bank , Banking-act , Banking-supervision-report , Somalia-based-premier-bank , Cbk ,

Banks enter full compliance with stricter capital rules


The five-year reprieve that allowed banks to avoid making provisions for some loans has come to an end.

Somalia , Kenya , Kenyan , Somali , Patrick-njoroge , Central-bank , Equity-group , First-community-bank , International-financial-reporting-standards , Spire-bank , Mwalimu-sacco , Premier-bank-limited

Mwalimu Sacco payout to Equity for Spire deal drops to Sh400m


Mwalimu National Sacco paid Equity Group Sh400 million as part of the Spire Bank deal.

Naushad-merali , James-mwangi , Mary-wamae , Spire-bank , Equity-group-sh , Mwalimu-national-sacco , Mwalimu-sacco , National-sacco , Insolvency-act , Mwlaimu-sacco , Equity-bank- ,

Somalia lender pays Sh2.8bn for stake in First Community


A Mogadishu-based bank will pay Sh2.8 billion for a controlling stake in the First Community Bank (FCB).

Kenya , Nigeria , Egypt , National-bank , Al-qahirah , Somalia , Kenyan , Ahmed-mohamed-bachelani , Jamii-bora , Abdikadir-hussein-mohamed , Adano-wario , Shaffi-mohamed-hussein-bachelani

Somalia lender acquires majority stake in troubled First Community Bank

Somalia lender acquires majority stake in troubled First Community Bank
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Kimathi , Central , Kenya , Nairobi , Nairobi-area , United-states , Somalia , Somalis , Kenyan , Kenyans , American , Jamii-bora

Somalia lender to acquire struggling First Community Bank


Premier Bank Limited (Somalia) is seeking to acquire a 62.5 percent stake in FCB.

Tanzania , Kenya , Nigeria , Egypt , Uganda , National-bank , Al-qahirah , Somalia , Nigerian , Kenyan , Jamii-bora , Adano-wario

Deputy CBK boss nominee wants rates cap reinstated


MPs should bring back a law capping interest rates to bring down the cost of loans, Susan Jemutai Koech has said.


Kenya , Kenyans , Susan-jemutai-koech , Spire-bank , Deputy-governor-of-the-central-bank , Central-bank-rate , National-assembly , Equity-bank , Kenya-bank-reference-rate , Deputy-governor , Central-bank , Senate-finance

Rating agency Moody's projects sale of small lenders to continue


Kenya’s banking sector is likely to see a continuation of the recent trend of takeovers by large lenders .

Kenya , Nigeria , Nigerian , Kenyan , National-bank , Spire-bank , Central-bank , Moody , Kingdom-bank , Transnational-bank , Equity-group

Equity Bank completes acquisition of Spire Bank

Equity Bank Kenya has announced that it has completed the purchase the certain assets and liabilities of Spire Bank.

Rwanda , Tanzania , South-sudan , Kenya , Uganda , James-mwangi , Equity-group-holdings , Spire-bank , Central-bank , Sacco-societies-regulatory-authority , Equity-group , Equity-bank-kenya

Equity's acquisition of troubled Spire Bank is worth emulating

Equity's acquisition of troubled Spire Bank is worth emulating
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi , Nairobi-area , Kenya , Mauritius , Dubai , Dubayy , United-arab-emirates , Mauritian , Mary-wamae , James-mwangi , Deepa-doshi , Rosa-mutero