BANKING
Banks Open Their Vaults to Reveal Billions in Tax Payout
Report covers the 2017 and 2018 financial years and 38 banks and microfinance institutions which contributed Ksh207.2 billion in two years.
BT Correspondent2 Mins read
KCB Lists More Shares After Taking Over National Bank
NBK shareholders who swapped their shares for those of KCB will now be able to trade the new stocks at the stock market.
BT Correspondent2 Mins read
KCB Partnership With Japan’s Biggest Bank Opens New Frontier in Lending
The agreement will see the two lenders expand their financial offerings provided to clients in both East Africa and Japan
Hakeenah N. Njenga2 Mins read
KCB Takes a Gamble to Offer Banking Services on WhatsApp
The bank becomes one of the leading African financial services companies approved for the WhatsApp Business solution pilot programme.
BT Correspondent1 Mins read
SMEs isolated as banks lend Sh2.5 trillion to big businesses
Despite Micro, Small and Medium Enterprises (MSMEs) complaining of credit crunch last year, the 2019 Kenya Bankers Association (KBA) Shared Value Report shows...
Samuel Gitonga2 Mins read
Regulator gives nod to Uhuru, Ndegwa banks merger
The Competition Authority of Kenya (CAK) has approved the merger of NIC Bank and the Kenyatta Family owned Commercial Bank of Africa (CBA)...
Samuel Gitonga1 Mins read
CBK report shows banks struggling to contain competition
Banks are facing increased competition for business in the country as Kenyans continue to explore options tailor-made for them, data contained in the...
Samuel Gitonga1 Mins read
Banks continue strong performance at NSE
The banking sector continues to post steady numbers at the Nairobi Securities Exchange (NSE), with shares worth Ksh173 million transacted on April 17....
Mike Njoroge1 Mins read
Banks retreat sees NSE turnover dip to Sh957 million
The Banking sector retreated at the Nairobi Securities Exchange (NSE) trading floor on March 19, even as the bourse recorded a slide to Ksh957 million....
Mike Njoroge1 Mins read
