03-07-2017 by redazione
Hard times for "old mold" banks in Kenya.
The historical Barclays Bank has decided to shut down seven of its subsidiaries in the country following a new parent company policy that has long been rumored to be selling its subsidiary Barclays Bank Africa.
The decision to downgrade to Kenya goes in that direction, after that, in South Africa, to frustrate President Zuma's economic and financial guidelines, there were problems.
The company is healthy, tends to spell out the British financial giant, and no employee will be fired.
The closure of the seven subsidiaries, five of which are in Nairobi and two in the Rift Valley (so no one on the coast, Malindi for now remains operational in its historic location on Lamu Road) will be on October.
The justification is always the same: the old tree was sick and long-suffering, and it was necessary to break it down.
Certainly, cement-coated is also easier than suffering, in any case progress is also being made by these position cues.
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by Freddie del Curatolo
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