NCBA Group Acquisition of AIG Kenya Tightens its Grip on Insurance Market

NCBA Group PLC (NCBA), on 1st July announced the completion of its 100% acquisition of AIG Kenya Insurance Company Ltd (AIG Kenya), strengthening...

KALU MENGO

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

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

BUSINESS

Kenyatta Family Bank Pumps Sh30B In Climate Change Projects

The NCBA Group has identified sustainability as one of its priorities and has set 15 ambitious commitments by 2030.

KALU MENGO

NCBA MD John Gachora confirmed the move after the firm reported a strong performance for the full year ended December 2021. [Photo/ Khusoko]

FEATURED STORY

NCBA to Enter Ghana in Expansion to West Africa

"We're actually looking into having something (in Ghana) this year...We are working with a local bank, and hopefully we should be launching something...

MARTIN SIELE

Kakamega Governor Wycliffe Oparanya opens an NCBA bank branch in Kakamega in September 2021. [Photo/ Metropol TV]

BUSINESS MARKETS

NCBA Profits More Than Double to Hit Ksh10.2B

The growth was driven primarily by reduced operating costs and lower credit impairment provisions. It continues the trend that has seen several banks...

MARTIN SIELE