Skip to content Skip to sidebar Skip to footer

Tanzania fines Kenyan Banks for breaching AML standards.

Federal Bank of Tanzania yesterday fined three Top tier Kenyan banks a total sum of 80 Million for breaching the country’s anti-money laundering regulations.

Kenya’s I&M Bank, Equity Bank and Habib Bank

In a statement, dated Thursday, September 19, the regulator named the affected banks as African Banking Corporation, Equity Bank, I&M Bank, UBL Bank and Habib African Bank