Understanding Sharia-Compliant Banking
Sharia compliant banking, what exactly does it entail?
A Summary of the Kenyan Banking Sector Report
43 commercial banks.
112 foreign exchange bureaus.
6 deposit taking microfinance institutions.
4 representative offices of foreign banks.
2 credit reference bureaus.
1 mortgage finance company.
~ This is how the Kenyan banking sector looks like as at the end of March 2012.
Another ATM Theft Technique to Watch Out For
ATM theft is evolving at an alarming rate, as we showed yesterday in our post, Be Warned of This ATM Theft Technique. In this regard, we have taken up the responsibility of informing you of more ATM theft techniques to look out for. Most of these…
Kaa Chonjo With Your PIN
In light of our recent post, Be Warned of This ATM Theft Technique, below are a couple of guidelines from Kaa Chonjo with your PIN, an initiative by the Kenya Bankers Association that raises awareness about how best to use ATMs and…
Be Warned Of This ATM Theft Technique
I recently received an e-mail from a friend warning me to be careful when conducting ATM transactions. Apparently, thieves have devised a creative way of getting your ATM and PIN without you suspecting anything and in turn draining your bank account. Fina Bank have released the detailed procedure of how this…
1.5% Interest Loans For Civil Servants
Micro Finance Institution Faulu Kenya has designed a new loan product that will be charging a low interest rate of 1.5%. This loan is designed for Civil servants and employees of Teachers Service Commission. To access the loans, one would have to produce original copies of identification documents and certified…
Banking With Yu Cash
Banking with Yu Cash is currently limited to Equity Bank and Co-operative Bank, and once registered to mobile banking your bank account will be automatically linked to your Yu Cash account, enabling you to deposit and withdraw cash from your account through Yu cash. Below are…
Will Kiva Loan Work For You?
Accessing loans in the country for small businesses, personal use or for paying school fees is a major problem for many people. Putting in mind the high interest rates that banks and micro finance institutions charge, loans are almost unaffordable. Kiva is a non-profit organization founded in…
Banking With Orange Money
Equity Bank is Orange Money’s preferred mobile banking partner with relatively friendly transaction rates as compared to those of other banks. Below is a comparison of transfer rates from Orange Money to a Equity Bank account and to other bank accounts. data sourced from: orange.co.ke The transfer rates from…
Banking With Airtel Money
Like the case of M-PESA-to-bank, Airtel Money allows you to conduct all your banking transactions in the comfort of your phone. You can withdraw and deposit cash into you account plus also transfer funds to another person’s bank account. Bank’s partnering with Airtel Money mobile banking…
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