Banking

The Bank’s operating loss before exceptional items stood at Ksh. 307 million, a 78 percent improvement compared to the previous year. This improvement was driven by the Bank’s decision to…

Borrowers have been spared a hike for the ninth month straight by the Central Bank of Kenya (CBK). Despite a further decline in credits by the private sector, the regulator’s…

National Bank of Kenya has cited difficulty in recovering huge loans as bad debts, and cost of restructuring, which has appeared as a warning report in profit making. Through the Company…

Equitel processed 87.9 million mobile commerce transactions between April 2018 and June 2018, up from 77.6 million transactions in the preceding quarter, representing a 13 per cent increase.…

Managing Director KCB bank- Uganda believes customer-centric products and service with a smile will encourage more Ugandans to open bank accounts.

Steering Uganda’s Stanbic Bank strategy to growth and profitability is a seasoned banker with over 20 years’ experience in the banking and financial sector.

The CBK’s approval paves the way for Bank of Africa to confirm Mary Mulili Mwende as the General Manager Business Development, Jeanne Olger Waluchio as the Head of Human Resources and Ian…

Developers, start-ups and SMEs are already leveraging Finserve Africa’s APIs to craft innovative products and services that meet current consumer taste and preferences therefore boosting…

Two years since the Ugandan parliament passed the Financial Institutions Amendments Bill 2015 that paved the way for Islamic Finance, uptake of the new concept has been slow. Ian Mutibwa,…

By Ben Oduor Islamic finance has already been mainstreamed within the global financial system, with the potential to help address the challenges of ending extreme poverty and boosting…