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FBMEchief defends FBME controversial licence

The central bank has defended FBME Bank for doing business without meeting a key licensing condition .

TheCitizen

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Habari Zinazoendana

10 years ago

TheCitizen

FBME still under BoT’s supervision

>The FBME Bank is still under close supervision of the Bank of Tanzania (BoT) as  Mr Lawrence Mafuru remains its statutory manager despite his recent appointment to the post of the Treasury Registrar.

 

11 years ago

TheCitizen

BoT places FBME under investigation

The Bank of Tanzania (BoT) and the Financial Intelligence Unit have placed the Federal Bank of the Middle East (FBME) under investigation after the United States accused the bank of money laundering and financing terrorism and organised crime.

 

10 years ago

TheCitizen

FBME loses bid on branch

 The Nicosia District Court has rejected an application filed by FBME Bank for an interim order halting the expropriation and sale of its Cyprus branch, the Central Bank (CBC) said on Thursday.

 

11 years ago

TheCitizen

FBME bank’s $2bn assets for auction

>As the Bank of Tanzania (BoT) places the FBME Bank under surveillance, Cyprus has decided to sell all assets of the troubled financial institution valued at $2 billion, The Citizen has learnt.

 

11 years ago

Mtanzania

Benki ya FBME yawekwa chini ya uangalizi

FBME

FBME

NA MWANDISHI WETU

BENKI Kuu ya Tanzania (BoT) jana ilitangaza kuchukua usimamizi wa Benki ya FBME Tanzania, MTANZANIA Jumamosi linaripoti.

Hatua hiyo imechukuliwa kuanzia juzi Alhamisi kutokana na kashfa zilizoikumba benki hiyo inayomilikiwa na raia wa Lebanon.

Taarifa hizo zimeeleza kuwa uamuzi huo umetokana na Benki Kuu ya Cyprus (CBC) kuchukua uendeshaji tawi la FBME Ltd nchini Cyprus, kufuatia taarifa za Mtandao wa Kupambana na Uhalifu wa Kifedha wa Marekani (FinCEN), kuihusisha na...

 

11 years ago

Dewji Blog

11 years ago

TheCitizen

BoT takes over FBME amid laxity concerns

>The central bank has taken over the management of troubled FBME Bank Tanzania.That comes amid criticism by experts that the move came too late owing to the seriousness of the alleged financial crimes committed by the bank.

 

11 years ago

TheCitizen

Islam not licence to kill: envoy

>In the last one decade, the Islamic Republic of Iran has been under intense international pressure because of its controversial nuclear enrichment project. 

 

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