NIC Bank

19 Articles
FEATURED ARTICLE

CBA, NIC Merger to Take Effect on Monday

Commercial Bank of Africa (CBA) and NIC Bank will begin operating as one entity on October 1, Central Bank of Kenya has announced....

ECONOMY

ICAEW: Kenya’s big banks mergers to spike regional economic growth

East Africa's GDP growth is forecast to continue being the fastest growing economic bloc on the continent over the next two years, according...

FEATURED ARTICLE

Five banks sign up to pilot mobile loans app for MSMEs

Four banks have signed up for a mobile facility that would offer Micro, Small and Media Enterprises (MSMEs) loans at an interest of...

FEATURED ARTICLE

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)...

FEATURED ARTICLE

NIC, CMC enter a financing deal for Ford Ranger vehicles

CMC Motors, the sole distributor of the Ford Ranger vehicles, and NIC Bank have signed a partnership agreement that will see CMC- Ford...

FEATURED ARTICLE

NIC Group profit rises to Sh4.2 billion

The NIC Group which is set to swallow the Kenyatta Family owned Commercial Bank of Africa (CBA) has reported a 2% increase in...

FEATURED ARTICLE

CBA to swallow NIC Bank in merger

The planned merger between NIC Group and Commercial Bank of Africa inched closer to fruition after  majority of CBA's of its shareholders approved...

FEATURED ARTICLE

NIC Bank, Toyota Kenya launch asset financing scheme

NIC Bank has launched a scheme that will allow Toyota Kenya customers access financing to purchase new Toyota vehicles. Through the attractive asset...

FEATURED ARTICLE

NIC Bank,Toyota Kenya enter into a financing deal for HINO trucks

Toyota Kenya and NIC Bank have signed a partnership agreement that will see Toyota HINO truck customers receive up to 80% financing on...