BANKING
Leadership Changes as Absa Bank Kenya CEO Abdi Mohamed Resigns
The board of directors has announced the resignation of Absa Bank Kenya CEO Abdi Mohamed, who doubled as Managing Director, effective 30th June...
BILL YAURA2 Mins read
NCBA Profit Climbs 9% as Digital Lending Growth Offsets Rising Credit Costs
Kenya’s third-largest bank by assets posts strong first-quarter earnings driven by higher operating income and digital transactions, even as loan-loss provisions surge amid...
OORO GEORGE1 Mins read
Nigeria’s Zenith Bank Acquires 100% Shareholding of Paramount Bank
The Central Bank of Kenya (CBK) has announced the acquisition of 100% of the shareholding of Paramount Bank Limited (PBL) by Zenith Bank...
BILL YAURA1 Mins read
Standard Chartered Targets Expansion of Sustainable Finance in Kenya and Across Africa
Lender plans deeper DFI partnerships to mobilize capital into manufacturing, agriculture and healthcare as investment momentum builds
OORO GEORGE1 Mins read
Visa Unveils Payment Processing Upgrade in Kenya to Tackle Legacy System Constraints
New “Intelligent Authorization” platform aims to boost transaction approval rates, cut infrastructure costs and support growth in digital commerce across Africa
OORO GEORGE1 Mins read
NCBA Group Pays Higher Dividend Despite Marginal Growth in Profit
NCBA Group profit after tax of Ksh 23.4 billion in its full year 2025, which is a 7% increase from Ksh 21.9 billion...
BILL YAURA2 Mins read
NCBA Bank Hosts Gold Banking Customers in Nairobi
The series aims to build trusted connections through financial insight, exclusive networking and regional engagement
BT Reporter1 Mins read
CBK Maintains its Rate-Cutting Mood as Credit Market Chokes
The Monetary Policy Committee (MPC), the top policy-making of the Central Bank of Kenya (CBK) has cut the benchmark rate yet again, as...
JACKSON OKOTH2 Mins read
Time to Reinvent Banking Partnerships in a Complex Regional Economy
Across Sub-Saharan Africa, businesses are navigating an economic environment shaped by evolving global and regional forces. Currency movements, changing capital flows, and shifts...
JAMES AGIN3 Mins read
