Penalizes

A Kenyan regulator has ordered GT Bank to pay approximately $257,000 (KES 33,180,000) and refund ASL roughly $102,000 (KES 13,211,285) in improperly levied charges. The ruling follows a complaint lodged by ASL, a diversified company serving the construction, electrical, and industrial sectors, alleging unfair handling of its credit facilities. Background of the Dispute ASL has […]


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