CEO Bullish as NCBA Q3 Profit Jumps to Ksh15 Billion

NCBA Q3 Profit after tax rose to Ksh15.1 billion in its Q3 2024 financial results which is a 3% increase compared to Ksh14.6...

BT Reporter

BUSINESS NEWS

NCBA Bank Opens Earnings Season With 5% Profit Rise

NCBA Bank Kenya, one of the country’s largest lenders, kicked off earnings season with a 5% rise after posting Ksh5.3 billion profit after...

JUSTUS KIPRONO

BUSINESS

NCBA, Proparco Sh6.5B Deal For Women, Green Financing

Kenyan bank, NCBA Group, has signed a US$50 million (Ksh6.5 billion) facility with Proparco, a subsidiary of the AFD Group focused on private...

BT Reporter

ECONOMY

NCBA Economic Forum Reveals Hurdles to 6% GDP Growth

NCBA Economic Forum noted that the Kenya’s economic growth path potentially faces several challenges including foreign exchange pressure occasioned by weak shilling and...

BT Reporter

BUSINESS

NCBA Group, Betting Big On Insurance, Is Set To Acquire AIG Kenya

The acquisition of AIG Kenya, the over 50-year-old insurance company, which has dominated insurance business for years, will be a landmark transaction in...

LUMBASIO HOLMAN

L-R: NCBA Group Managing Director John Gachora, Safaricom PLC CEO Peter Ndegwa, President William Ruto, Central Bank of Kenya (CBK) Governor Patrick Njoroge and KCB Group PLC Group CEO Paul Russo during a press briefing after a September event to announce lower charges on the Fuliza overdraft service. President William Ruto shakes the hand of Safaricom CEO Peter Ndegwa after meeting with the telco and banks executives over Fuliza charges review. [PHOTO | DIANA NGILA | NMG]

FEATURED STORY

M-Shwari is Changing – Here’s How

Offered by Safaricom in partnership with NCBA, M-shwari disbursed Ksh42 billion in the six months to June 2022, compared to Ksh44.8 billion disbursed...

MARTIN SIELE

LR- KBA CEO Dr. Habil Olaka, KBA Chairman John Gachora and Vice Chair Ms. Rebecca Mbithi

BUSINESS

John Gachora Reelected KBA Chairman As Bankers Reconstitute Governing Council

The Kenya Bankers Association (KBA) membership has reelected NCBA Bank Managing Director and CEO John Gachora and Family Bank Chief Executive Officer Rebecca...

BT Reporter

Vehicles on Nairobi's Kenyatta Avenue. The NCBA Economic Outlook report notes that vaccination remains a major policy imperative in achieving strong, sustainable, and inclusive economic growth. [Photos/ Discover Walks]

ECONOMY

Kenya’s GDP Projected to Recover to 5.3% in 2021 – NCBA Economic Outlook Report

The report further cites that vaccination remains a major policy imperative in achieving strong, sustainable, and inclusive growth which, subject to vaccine availability,...