CBK Grants Authority to Rabobank Netherlands to Open a Representative Office in Kenya

Posted on by wademinnie | 545 Views | 7 min read

The Central Bank of Kenya (CBK) has granted authority to Rabobank Nederland to open a Representative Office in Kenya. The authority was granted pursuant to Section 43 of the Banking Act. Rabobank Nederland is a cooperative bank owned by local cooperatives in Netherlands. Apart from offering financial services to its member cooperatives, Rabobank Nederland, which

Rabobank Takes a 27.5% Stake in DFCU Bank of Uganda

Posted on by wademinnie | 2708 Views | 8 min read
rabobank group logo

Dutch bank, Rabobank Group has received permission from the Central Bank of Uganda to take a stake of 27.5% of the shares of ownership in the dfcu Bank, ranked 5th among the licensed commercial banks in Uganda. The partnership will be managed by subsidiary Rabo Development, which actively participates in 7 partner banks in developing