MOMBASA， Kenya， Aug. 28 (Xinhus) -- A Muslim cleric died on Saturday evening after his vehicle hit an improvised explosive device (IED) in the Kenyan coastal county of Lamu， near the border with Somalia， police said.
James Ole Serian， a regional security official， said on Sunday that the IED might have been planted by Al-Shabaab militants and that an investigation was underway.
""While approaching Ishakani border， their vehicle ran over IED which exploded killing the Imam， his driver sustained injuries，"" Serian said， adding that the vehicle was extensively damaged.
Serian said security forces were pursuing Al-Shabaab members who he said had changed tactic of attacks within Lamu East.
He said combined teams of military and police had intensified patrols to deal with the Al-Shabaab Islamist group.
In July， a suspected Al-Shabaab militant was killed while one police officer injured when a group of over 20 heavily armed men attacked the Mangai Rapid Deployment Unit camp in Lamu East.
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Beijing-based domestic Internet giant Baidu Inc and China CITIC Bank Corp jointly launched a direct bank Wednesday Tony Perez Reds Jersey , competing with two other Internet giants in the country to offer financial services to consumers.
Internet giant Baidu Inc and China CITIC Bank Corp jointly launched a direct bank Wednesday Internet giant Baidu Inc and China CITIC Bank Corp jointly launched a direct bank Wednesday Internet giant Baidu Inc and China CITIC Bank Corp jointly launched a direct bank Wednesday Internet giant Baidu Inc and China CITIC Bank Corp jointly launched a direct bank Wednesday
A direct bank is an online bank without any branch network that offers its services via online platforms.
The new online bank, which will operate under the name of Baixin Bank, has 2 billion yuan ($313.19 million) in registered capital, according to a filing by CITIC Bank posted on the website of the Shanghai Stock Exchange Wednesday.
CITIC's share price soared almost 10 percent on Wednesday, closing at 8.13 yuan.
Baidu's arch rivals Alibaba Group Holding and Tencent Holdings have already dipped a toe in the online bank sector.
E-commerce giant Alibaba launched its online bank, MYBank Scott Feldman Reds Jersey , in June. The bank aims to provide financial solutions to rural consumers and small businesses, according to the company's website.
And Tencent, which runs the country's most popular social networking mobile app WeChat, established a privately owned commercial bank called WeBank in Shenzhen, South China's Guangdong Province, according to Tencent's annual report in March. Tencent and its partners invested 900 million yuan in WeBank Scooter Gennett Reds Jersey , in which Tencent owns a 30 percent stake.
Compared to WeBank and Baixin Bank, Alibaba has edges in data processing with respect to Internet financing services, Li Chao, an analyst at Beijing-based research firm iResearch, told the Global Times Wednesday.
He noted that Alibaba's ability to process big data has already been highlighted by its financial products, such as Yu'ebao.
However Reggie Sanders Reds Jersey , it's not too late for Baidu to enter the online financial services sector, which has yet to be predominantly controlled by Alibaba and Tencent, Li said.
More details such as the Baixin Bank's corporate structure and operating strategies have not yet been disclosed because the deal has not been approved by the related authorities yet, according to the CITIC filing.
"Baidu's scope extends from 'connecting people with information' to 'connecting people with services'," said Baidu CEO Robin Li Yanhong during the ceremony.
He also noted that the venture with CITIC Bank is considered to be the first substantial cooperation between an Internet company and a traditional bank.
Subject to the China Banking Regulatory Commission's approval, Baixin Bank hopes to offer money management products to individuals as well as lend to consumers and small and medium-sized enterprises (SMEs) Pete Rose Reds Jersey , Hu Qichi, Baidu's PR representative, told the Global Times Wednesday.
She noted that the company has long served as a gateway for people to find financial services.
Baidu records more than 640 million users searching on its platform every month, according to an announcement sent by the company to the Global Times Wednesday.
"The company currently has 800,000 SME customers in search, and about 700 Michael Lorenzen Reds Jersey ,000 local merchants in its local e-commerce platform known as Nuomi. They are all potential targets for Baixin Bank's services," Hu noted.
Li said the company's online payment platform, Baidu Wallet, had launched a cash-back program with a maximum rebate of 20 percent that aims to support the new bank.
Baidu generated 18.4 billion yuan in total revenues in the third quarter of 2015, up about 36 percent year-on-year, according to its financial report released on October 29. Growth in mobile users contributed to the increase.
Li, the analyst, said that the deal is more likely to be a CITIC Bank-led investment.
"With Internet financing platforms booming in the country, many banks, for example China Minsheng Bank, have set up direct banks to lower their costs Johnny Bench Reds Jersey , instead of operating brick-and-mortar outlets," Li said.
CITIC Bank has already taken into account the direct banking trend, which is likely to scale up in the near future, Li said.
The number of accounts with direct banks is likely to reach 5 million this year, up from 3 million in 2014, with total assets of $7.1 billion Joey Votto Reds Jersey , according to a report published by US-based financial services researcher Celent in January. There will be about 10 million direct bank accounts by 2017, the report noted.
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