Soaring Exchange Rates as Dollar Hits Sh115
The dollar this Monday hit an all-time high against the shilling evident to higher imports costs on goods.
The dollar this Monday hit an all-time high against the shilling evident to higher imports costs on goods.
Lenders are no longer allowed to access the customer’s phone book or contacts list and other phone records for purposes of sending them messages in the event of untimely payment or non-payment as was the case before.
Temenos, the banking software company, announces that Bank of Kigali Plc, Rwanda’s largest bank by assets and market share, has gone live on Temenos. Replacing its core banking system with…
Borrowers will get lower interest fees depending on the chosen duration of up to 60 days without surcharge for those who repay within the specified time frame.
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…
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…
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 million…
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 its commitment to prioritizing…
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…
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,…