Banking

I&M Group PLC has continued its growth momentum to a higher level the first quarter of 2022, with the Group reporting a 44% growth in Profit after tax to Kes 2.7 billion as compared to…

Paul Russo has been appointed the company’s Group Chief Executive Officer (GCEO) by the KCB Group PLC Board effective as of 25 May.

I&M Bank Limited has partnered with Mastercard to roll out new World class debit and credit cards targeted at corporate C-suite professionals, high-net worth clientele as it offers a…

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…

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 repayments are…

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…