Banking

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.

According to the Governor, the move is aimed at curbing fraud and money laundering. The notes, he said, have a unique theme and security features and will have various images including the…

Kenyan small businesses are spoilt for choice as the number of digital lenders and the amount of money one can borrow rises after months of credit squeeze. The lenders, some of them…

Kenya Bankers Association (KBA) yesterday re-elected Kenya Commercial Bank CEO Joshua Oigara as its chairperson for another one year. The KCB boss will be heading the bankers body for the…

KCB group PLC has served the board of National Bank with a take-over offer document to acquire a hundred percent (100%) of the ordinary shares of the Company upon re-designation of the…

It is just a matter of time before the black market adapts to the new security standards placed in the new currency notes. This is according to iPay Chief Executive Officer Philip…