Ke
The new $1.5 billion bond, which attracted demand of more than $6 billion, is likely to have a positive effect on th
Speaking at DTB’s Economic and Sustainability Forum, the bank’s Group CEO and Managing Director Nasim Devji
“In 2024, we are more optimist
ic that the economic landscape will continue to evolve more favorably, and signs are already evident that we are turning around. Investor sentiment has reversed remarka bly. I believe the glass is mo re than half-full.,”
said Ms. D
The improvement in the economy
DTB opens its 67th Branch at Sarit Centre as part of its expansion drive
Speakers at the forum-themed
“
Reinvent and build business re silience in the era of economic uncertainty and climate change,”
said there is renewed optimism in the economy.
Abubakar Hassan, the Principal Secretary for Trade, said:
“The Government is relentless in its quest to have strong macroeconomic and trade investment. The oversubscription of the Eurobo
nd demonstrates confidence in t he economy and we are happy that we have that done.”
Mr. Abubakar said the ministry
“We are engaging on the cost of doing business to see what needs to be reduced, ease of doing business, and the harmonization of county licensing frameworks, which is also supported by the World Bank.”
At the forum, DTB also announced that its Head office on Mombasa Road, DTB Centre has been certified EDGE-Advanced – Excellence in Design for Greater Efficiencies – a green building certification system developed by the International Finance Corporation. The build
The bank has invested in solar power to meet some of the energy needs of the building and uses energy effici