In a pivotal moment for the banking landscape in East Africa, a well-known Pakistani financial institution has decided to withdraw from its operations in Kenya after seven years. This move signifies a considerable change within the region’s financial services sector, highlighting both the hurdles encountered by international banks and the shifting dynamics of local banking. As global financial entities reassess their strategies due to fluctuating economic conditions, this bank’s exit…
Source link : https://afric.news/2025/05/05/pakistani-bank-bids-farewell-to-kenya-after-seven-years-what-led-to-the-departure/
Author : Victoria Jones
Publish date : 2025-05-05 20:59:00
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