My Financial News from Kenya, Bank deposits

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Kenya , Thursday 16 April 2026

News Kenya Bank deposits: Teachers to inject Sh3.4bn to keep Spire Bank afloat

Published on: Monday 10 January 2022
News source: https://www.the-star.co.ke/business/kenya/2022-01-10-teachers-to-inject-sh34bn-to-keep-spire-bank-afloat/

Mwalimu Sacco has converted its deposits into share capital in a bid to stabilise struggling Spire Bank. The national teachers' Sacco has pumped Sh3.4 billion into the lender that has been operating ...

News Kenya Bank deposits: Mwalimu sacco’s deposits-share capital conversion a boost for cash-strapped Spire bank

Published on: Sunday 09 January 2022
News source: https://www.capitalfm.co.ke/business/2022/01/mwalimu-saccos-conversion-of-sh3-4bn-deposits-a-boost-for-struggling-spire-bank/

Mwalimu Sacco in an attempt to return Spire bank into profitability, has converted its deposits into share capital worth Kenya breaking news | Kenya news today | ...