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Bloomberg Business News source @bloomberg.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· 1w

#Kenya #EastAfrica #BankingIndustry

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Africa's Biggest Banks Target Kenya as Regional Expansion Hub
Africa's biggest lenders are converging on Kenya, betting the country offers the best gateway into East Africa's fast-growing but underbanked economies.
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Bloomberg Business News source @bloomberg.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· Jan 23

#CreditCardRates #BankingIndustry #FinancialRegulation

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Bank of America, Citigroup Weigh New Credit Cards With 10% Rate
Offering new products with a 10% interest rate would be an easier path for banks to comply with Trump's demands, rather than reworking the terms and conditions on existing cards.