Banking

Interest rate caps should be repealed because they curtail economic growth, Investment Management company, Cytonn, has said prior to a meeting by the Monetary Policy Meeting (MPC) by the…

Merchants of the DPO Virtual Card will receive a 16-digit card number, security code and expiry date and this acts like a digital account which can be used worldwide much like a physical…

In a massive boost for climate action and sustainability, leading banks including KCB Group and the United Nations on Monday launched the Principles for Responsible Banking.

Today’s event demonstrated how the @iBizAfrica and Standard chartered have supported and guided over 20 women-owned small enterprises through mentorship and funding.

The regulator announced Monday evening that the approval has been granted in accordance with Section 13(1) (e) of the Banking Act, effectively paving the way for the completion of the deal…

The deal, which is subject to regulatory approval, would see KCB make the acquisition through a share swap of 10 ordinary shares of NBK for every 1 ordinary share of KCB, giving the latter…

Kenyan lawmakers halted KCB Group Ltd.’s bid to takeover National Bank of Kenya (NBK) because the offer undervalues the state-controlled lender. National Bank should consider raising…

The Central Bank of Kenya has written to CEOs of all Commercial Banks and Microfinance Institutions concerning the betting firms whose licenses have not been renewed. A letter from CBK…

Large budget share to infrastructure and national security as enablers of the economic pillars is another show of commitment.

An announcement posted on the SEM website on Wednesday listed Afreximbank among the SEM-10 Constituents for the third quarter started on 3 July 2019.