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Either event could cause confidence in Europe's banks to plunge. The financial and sovereign debt 'double crisis' has dealt the European banking system a double blow from which…
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DOI: 10.1108/OXAN-DB216401
ISSN: 2633-304X
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Concerns over the implications of a new Banking Amendment Act on the sector's profitability have precipitated falls in Kenyan banking stocks. Nevertheless, improved lender…
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DOI: 10.1108/OXAN-DB213963
ISSN: 2633-304X
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Citi operates in Mexico as Citibanamex, having acquired the National Bank of Mexico (Banamex) in 2001. The sale would end a 21-year retail presence in Mexico, but it may be…
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DOI: 10.1108/OXAN-DB266891
ISSN: 2633-304X
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Geographic
Topical
However, Kenya's wider economic prospects are buoyant, underlined by the IMF's robust 6.0% GDP growth forecast for 2016 and 6.1% in 2017.