News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Retail News Kenya

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    IFC invests in Gulf African Bank

    Gulf African Bank and International Finance Corporation (IFC), today, Thursday 28 March 2013 announced a partnership which will see IFC join the bank as an equity partner.

    This is the first investment that IFC, an investor in the private sector, will be making in an Islamic Financial Institution.

    The partnership signing agreement was officiated by Hon. Minister of Finance Njeru Githae. Expected to be at the signing is Gulf African Bank MD Asad Ahmed and chairman Jamal Al Hazeem. Representatives of IFC included Oumar Seydi, regional director, East and Southern Africa and Aida Kimemia - Country Head. Representing Kenya Bankers Association was Habil Olaka, CEO.




    Let's do Biz