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Examples
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Among the biggest still toughing it out is Standard Bank which trades under the name Stanbic in branches throughout Zimbabwe.
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Stanbic bank has assets amounting to 29 billion shillings (437 million dollars, 284 million euros) in Kenya, while CFC Bank is worth
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High Court judge Roselyn Nambuye made the ruling after 15 employees made an application demanding 1.1 billion shillings (17.8 million dollars, 11.5 million euros) from the Stanbic as retirement benefits.
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Stanbic bank has assets amounting to 29 billion shillings (437 million dollars) in Kenya, while CFC Bank is worth 28.8 billion shillings (434 million dollars), according to CBK.
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A Kenyan court on Thursday halted the merger between a Kenyan branch of South Africa's Standard Bank (Stanbic) and local CFC bank.
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A Kenyan branch of South Africa's Standard Bank (Stanbic) will finalise a merger with Kenyan CFC bank in May, making the new entity the fourth largest in the country, officials said Monday.
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Stanbic bank has assets amounting to 29 billion shillings (436.7 million dollars) in Kenya, while CFC Bank is worth 28.8 billion shillings (433.7 million dollars), according to CBK.
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Africa's Standard Bank (Stanbic) to buy majority stake in the Kenyan
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Foreign banks such as Britain's Barclays and South Africa's Stanbic, mining giant Anglo American, and British American Tobacco have shelved new investments but stopped short of leaving.
The Road To Capital 2007
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The Profurn Group (operating as Barnets) has opened a large network of retail stores in Ghana while Stanbic
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