NIC Bank
CBA, NIC Merger to Take Effect on Monday
CBK says merger will strengthen both institutions leveraging on their combined market share of 9.9% and customer base of over 40 million in...
BT Reporter1 Mins read
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...
Mike Njoroge2 Mins read
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...
BT Reporter3 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
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...
BUSINESS TODAY2 Mins read
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...
Samuel Gitonga1 Mins read
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...
BT Correspondent1 Mins read
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...
BT Correspondent1 Mins read
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...
BT Correspondent2 Mins read
