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Banking
IFC, Equity partner to support MSMEs in DRC, Kinshasa
To support the growth of micro, small and medium enterprises (MSMEs) in the Democratic Republic of the Congo (DRC), IFC today announced a partnership with Equity Banque Commerciale du Congo…
How banks can leverage technology to rebuild and maintain a healthy credit portfolio
The defining issue in the success of a bank is the quality of its loans. Yet Covid has torn through institutional loan books, driving up the proportion of loans where repayments are…
Absa Bank establishes 66 computer labs for schools across Kenya
Absa Bank Kenya PLC has kicked off an ambitious digital literacy enhancement programme targeting to establish 66 computer labs in schools across the country.
The bank is investing KES23…
Equity Bank receives global certifications On IT Service
Equity Bank Kenya Limited has received two International Standards Certifications – ISO 20000 and ISO 27001 on IT Service and Information Security Management Systems respectively, cementing…
Britam records Kshs 647m profit before tax in its half-year results
Britam Holdings PLC has posted a profit before tax of Kshs 647milion in its half-year results for the period ending June 30th, 2021.
This is a significant improvement compared to a loss…
Equity named the Best Bank in East Africa region
Equity has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards. The award was conferred to the Bank for its strong and consistent financial performance,…
NCBA Bank partners with DT Dobie to increase Benz, Volkswagen sales
NCBA Bank Kenya PLC and DT Dobie on Monday signed a six months’ partnership to jointly promote sale of Mercedes Benz and Volkswagen brand of vehicles.
Under the partnership, NCBA will…
Mastercard Unveils New Carbon Calculator Tool for Banks in the Region
Mastercard has released its Mastercard Carbon Calculator for Kenya and the wider region owing to the growing trend toward eco-conscious spending and consumption among people.
Developed…
Afreximbank closes $1.3 billion dual tenor bond issuance
The African Export-Import Bank (Afreximbank), successfully closed a $1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the international debt capital markets.…
Mastercard, Billetera partner to offer digital payment solutions in DR Congo
Mastercard has partnered with Billetera - a digital payments technology company headquartered in Kenya - to provide millions of unbanked and financially excluded residents in the…