The chairman of Kenya's Diamond Trust
Bank, Abdul Samji, said: "The biggest challenge now is that the banking industry is becoming very competitive, not only in Kenya, but within the East African market.
In Diamond Trust
of London, players lead opposing teams of agents traveling to Angola's six finest diamond-producing regions to buy diamonds to sell in the world's two major trading hubs: London and Antwerp.
, which is connected to the Aga Khan Fund for Economic Development, has moved up one place from 8th to 7th in our regional table, on the back of a rise in Tier 1 Capital from $175m to $220m.
We are collaborating to sell Diamond Trust
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Bank Kenya Limited (DTBK) is incorporated as a public company which is listed on the Nairobi Securities Exchange.
The major Kenyans still dominating the scene include Equity Bank, Kenya Commercial Bank (KCB), Barclays Bank of Kenya, Cooperative Bank, Standard Chartered, National Bank of Kenya (NBK), Diamond Trust
Bank (DTB), NIC Bank, Commercial Bank of Africa (CBA) and CFC Stanbic.
Kenya: Kenya Postbank, Diamond Trust
Bank-Kenya, Kenya Commercial Bank, Equity Bank Limited and Bank of Africa teamed together to provide funding for desks for primary schools in eight Kenyan provinces
Seeking to establish operations in one of them over the next 15 to 18 months, Diamond Trust
Bank (DTB) has announced that it was implementing feasibility studies in Madagascar and DRC.
As the East African Community (EAC) continues to pursue economic integration, Kenyan banks such as KCB, Diamond Trust
Bank and NIC Bank are setting up subsidiaries in other EAC member states, both through acquisition or through organic growth.
These are: National Bank of Commerce, Standard Chartered Bank, Exim Bank, Stanbic Bank, Barclays Bank, Diamond Trust
Bank and Bank M.
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(AMEX:DIA), Parexel International (NASDAQ:PRXL), and Magellan Petroleum (NASDAQ:MPET).
Bank (DTB) announced a Rights Issue from which it targets to raise Sh3.