CBK Flags Seven Banks Over Sh3 Billion Minimum Capital Requirement
The Central Bank of Kenya (CBK) has flagged seven commercial banks for failing to meet the minimum core capital requirement of Sh3 billion. In its latest Bank Supervision Annual Report, the regulator said the seven lenders were in violation of Section 7(1) of the Banking Act, which sets the minimum core capital requirement at Sh3 [...] The post CBK Flags Seven Banks Over Sh3 Billion Minimum…
We haven't written up this one. KahawaTungu has the full story — the link below goes straight to it.
