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Dubai Bank Kenya
Dubai Bank Kenya (DBK), whose complete name is Dubai Bank Kenya Limited, but is often referred to as Dubai Bank, was a commercial bank in Kenya, the largest economy in the East African Community. It was licensed by the Central Bank of Kenya, the central bank and national banking regulator. The institution is not affiliated with Dubai Bank of United Arab Emirates or with that bank's parent company, Dubai Banking Group. Overview DBK was a small bank in Kenya, East Africa's largest economy. , the bank's total assets were valued at about US$34.4 million (KES:2.92 billion). , the bank was ranked number forty-three, by assets, out of forty-three licensed commercial banks in Kenya. In August 2015, the bank was placed under receivership by the Central Bank of Kenya. History The bank was established in 1982, originally as a branch of Bank of Oman. The assets and liabilities of the bank were subsequently acquired by Mashreq Bank Plc. In 2000, those assets and liabilities were acquired ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenyan
) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , official_languages = Constitution (2009) Art. 7 ational, official and other languages"(1) The national language of the Republic is Swahili. (2) The official languages of the Republic are Swahili and English. (3) The State shall–-–- (a) promote and protect the diversity of language of the people of Kenya; and (b) promote the development and use of indigenous languages, Kenyan Sign language, Braille and other communication formats and technologies accessible to persons with disabilities." , languages_type = National language , languages = Swahili , ethnic_groups = , ethnic_groups_year = 2019 census , religion = , religion_year = 2019 census , demonym = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Banking Group
Dubai Banking Group is the global shari'a compliant financial investor of Dubai Group with assets valued at over USD 10 billion ( AED 36.7 billion). The group was established in 2007 when Dubai Islamic Investment Group, founded in 2004, and Dubai Bank, founded in 2002, consolidated their activities to form Dubai Banking Group. Dubai Banking Group's major investments include: * 100% ownership of Dubai Bank * 100% ownership of Dubai Tadawul, a Dubai-based private brokerage company * 51% stake in Al Fajer Re-Takaful, a closed Kuwaiti shareholding company * 40% stake in Bank Islam, Malaysia's oldest and largest Islamic bank * 40% stake in ACR Re-Takaful Holdings Limited, the world's largest reinsurance company * 33.33% stake in National Bonds UAE, the national Shari'ah-compliant saving scheme * 18.75% stake in BankIslami Pakistan, the first bank to receive an Islamic Banking License in Pakistan [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Kenya
This is a list of notable commercial banks in Kenya ; Licensed commercial banks # ABC Bank (Kenya) # Absa Bank Kenya # Access Bank Kenya # Bank of Africa # Bank of Baroda # Bank of India # Citibank # Consolidated Bank of Kenya # Cooperative Bank of Kenya # Credit Bank # Development Bank of Kenya # Diamond Trust Bank # Dubai Islamic Bank # Ecobank Kenya # Equity Bank Kenya # Family Bank # First Community Bank # Guaranty Trust Bank Kenya # Guardian Bank # Gulf African Bank # Habib Bank AG Zurich # Housing Finance Company of Kenya # I&M Bank # Imperial Bank Kenya (In receivership) # Kingdom Bank Limited # Kenya Commercial Bank # Mayfair Bank # Middle East Bank Kenya # M Oriental Bank # National Bank of Kenya # NCBA Bank Kenya # Paramount Universal Bank # Prime Bank (Kenya) # SBM Bank Kenya # Sidian Bank # Spire Bank # Stanbic Holdings Plc # Standard Chartered Kenya # United Bank for Africa # Victoria Commercial Bank ; Representative offices of foreign banks # HDFC Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman Of The Board
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nakuru
Nakuru is a city in the Great Rift Valley, Kenya, Rift Valley region of Kenya. It is the capital of Nakuru County, and was formerly the capital of Rift Valley Province. As of 2019, Nakuru had an urban and rural population of 570,674 inhabitants, making it the largest urban center in the Rift Valley, with Eldoret in Uasin Gishu County following closely behind. The city lies along the Nairobi Nakuru Highway, a distance of 160 kilometers from Nairobi, the capital of Kenya. It is the fourth largest city in Kenya, behind Nairobi, Mombasa and Kisumu respectively. It lies about 1,850 m above sea level. History Archaeological discoveries located about 8 km from the Central Business District at the Hyrax Hill reserve have been dated to the prehistoric period. The city was created on January 28, 1904 when an area within a circle having a radius of one mile from the main entrance to the railway station was proclaimed to be a township. The name of the town was derived from the Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mombasa
Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is known as "the white and blue city" in Kenya. It is the country's oldest (circa 900 AD) and second-largest List of cities in Kenya, cityThe World Factbook . Cia.gov. Retrieved on 17 August 2013. after the capital Nairobi, with a population of about 1,208,333 people according to the 2019 census. Its metropolitan region is the second-largest in the country, and has a population of 3,528,940 people. Mombasa's location on the Indian Ocean made it a historical trading centre, and it has been controlled by ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastleigh, Nairobi
Eastleigh is a neighbourhood in Nairobi, Kenya. It is located east of the central business district. It is known for its business prowess, as well as "its poor infrastructure.Kenya/Somalia: Somalia community doing booming business in country - ''Norwegian Council for Africa'' History Eastleigh was founded in 1921. At this time, it was formally called Nairobi East Township. While the colonial government originally tried to segregate citizens by race and ethnicity, failures at doing so in the Eastleigh neighbourhood more or less stopped the practice under colonial rule, so class became the general segregating factor afterwards. The colonial government allotted Nairobi's residential estates by race, and Eastleigh was pointed for Asians and elite Africans who worked a ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Standard (Kenya)
''The Standard'' is one of the largest newspapers in Kenya with a 48% market share. It is the oldest newspaper in the country and is owned by The Standard Group, which also runs the Kenya Television Network (KTN), Radio Maisha, ''The Nairobian'' (a weekly tabloid), KTN News and Standard Digital which is its online platform. The Standard Group is headquartered on Mombasa Road, Nairobi, having moved from its previous premises at the I&M Bank Tower. History The newspaper was established as the ''African Standard'' in 1902 as a weekly by Alibhai Mulla Jeevanjee, an immigrant businessman from British India. In 1905 Jeevanjee sold the paper to Maia Anderson and Rudolf Franz Mayer, who changed the name to the ''East African Standard''. It became a daily paper and moved its headquarters from Mombasa to Nairobi in 1910. At the time the newspaper declared strongly colonialist viewpoints. The British-based Lonrho Group bought the newspaper in 1963, only a few months before Kenya's indepen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya Deposit Insurance Corporation
KDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution. History The Corporation was an integral part of Central Bank of Kenya (CBK), the country's bank regulator, prior to its establishment and enhancement of KDIC's mandate in 2012. The law also established the Deposit Insurance Fund (the Fund), replacing the Deposit Protection Fund. KDIC, by law is mandated to administer the Fund, by collecting contributions for the Fund from member institutions; and holding, managing, and applying the Fund. KDIC is also mandated to receive, liquidate, and wind up institutions for which it is the designated receiver or liquidator, a function previously overseen by the Central Bank of Kenya. The KDI Act, 2012, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
