Topic: banks
MAC OTANI: Banks need to do more to shield borrowers from high interest rates
Dec 11, 2023 at 10:42 AM
There is no doubt that Kenyans who enjoy credit facilities will face a huge strain following the decision by the Central Bank of Kenya (CBK) to raise the benchmark lending rate to ...
Why CBK Governor Kamau Thugge is pushing for the merger of Kenyan banks
Jul 17, 2023 at 10:29 PM
New Central Bank of Kenya Governor Dr Kamau Thugge has heightened his push for the consolidation of commercial banks in the country saying Kenyans are currently overbanked....
Safaricom partners with six banks in Kenya to tackle SIM-Swap fraud menace
Mar 02, 2023 at 05:58 PM
Safaricom CEO Peter Ndegwa noted that the rapid growth of Kenya’s FinTech sector has seen a rapid growth threat environment targeting both customers and FinTech operators....
KCB quarter three net profits increase to Sh30.6 billion on net interest, NFI growth
Nov 16, 2022 at 02:20 PM
Improved performance driven by strong non-funded income growth and higher net interest income as the Board proposes an interim dividend of Sh1.00 a share....
KCB Group bags two global awards
Oct 08, 2021 at 09:42 AM
KCB Group has bagged two global accolades which have cemented the bank’s leadership position in customer service and supporting the East African region’s economies....
Banks to hold second Inua Biashara virtual summit for SMEs
Jun 18, 2021 at 09:02 AM
Kenya’s banking sector under Kenya Bankers Association (KBA) are set to hold the second Inua Biashara Summit for micro, small and medium-sized enterprises (MSMEs) from June 22-29...