CDs, meanwhile, have also had high rates for much of the last two years, even if, like savings accounts, those rates have declined slightly in the past few months. But because rates on these ...
Our daily ranking of the best nationwide CDs currently includes options paying up to 5.50%. Unlike a money market account at a bank, money market funds are cash-invested mutual funds offered by ...
The Central Bank of Kenya (CBK ... To invest in T-bills, Kenyans must open a Central Depository System (CDS) account with the CBK, link it to the Dhow CSD portal, and submit bids for the desired ...
The remarks echoed a Financial Times report on Friday, which cited the central bank as saying that the PBOC is likely to cut interest rates from the current level of 1.5% "at an appropriate time ...
savvy savers are increasingly turning to online banks to open CD accounts instead. That's because, unlike their traditional bank and credit union counterparts, online banks generally operate with ...
Maharashtra approves opening of accounts at Mumbai Central Cooperative Bank for salaries of govt employees The government also allowed state-run public sector undertakings (PSUs) to use the MDCC ...
By Lynsey Chutel A glowing ring of metal, more than eight feet in diameter and weighing more than 1,100 pounds, fell from the sky and crash landed in a remote village in Kenya this week ...
has implemented new guidelines that will result in the closure of specific types of bank accounts. The initiative aims to enhance banking security, improve efficiency, and reduce risks associated with ...
President William Ruto has for the first time publicly acknowledged the abuse of power by Kenya's security forces, following a wave of controversial kidnappings that have sparked widespread protests.