Leading a Digital Banking Revolution
Zenka Finance, a digital financial provider, is tapping into the under served Kenyan public, offering mobile loans without collateral, naturally required by traditional banks
Zenka Finance, a digital financial provider, is tapping into the under served Kenyan public, offering mobile loans without collateral, naturally required by traditional banks
This has revolustioned how customers access funds, even those in marginalized areas can conveniently access financial growth. The popularization of smart phones globally has definitely impacted greatly on how populations access credit.
National Bank of Kenya’s acquisition by Kenya Commercial Bank left tongues wagging, but as experts explain, it was a perfect move
Technology has become a key aspect of what the Kenya Commercial Bank (KCB) has incorporated into its activities, states a statement from the bank. But, technology should also be centered…
Interest rate caps should be repealed because they curtail economic growth, Investment Management company, Cytonn, has said prior to a meeting by the Monetary Policy Meeting (MPC) by the Central…
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 card. The virtual card will enable secure, swift online payments to be made to any vendor both within and outside the DPO network, decreasing the risk of fraud and loss.
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 within KCB timelines.
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 full control of the state-owned bank.