Tuko News on MSN

Kenyan bank fined KSh 33 million for misleading conduct against customer, ordered to refund KSh 13m

The Competition Authority of Kenya fines Guaranty Trust Bank KSh 33.18 million for misleading conduct, and mandates a refund ...
Techish

GT Bank Kenya slapped with KES 33.18m fine over ‘unconscionable’ corporate bullying

The Competition Authority of Kenya has penalised the commercial lender after it trapped a long-term corporate client in a 17-month credit renewal maze and retroactively applied default fees.
technext24.com

GTBank fined $257k for breach of agreement with client in Kenya

The Competition Authority of Kenya (CAK) has fined Guaranty Trust Bank Kenya Limited (GTBank) approximately $257,000 ...
Soko Directory

GTBank Kenya Moves to Challenge CAK Decision, Seeks to Overturn Ksh 33 Million Penalty in ASL Credit Row

GTBank has moved to challenge a decision by the Competition Authority of Kenya (CAK) following a dispute involving ASL Limited over the management of credit facilities.
Business Daily Africa on MSN

Regulator, GT Bank clash over 'illegal' rate on loan to client

Guaranty Trust Bank has rejected a Sh33.18 million fine by the Competition Authority of Kenya (CAK) for illegally charging a corporate client interest on a credit facility after failing to agree on ...