Finance

Standard Chartered Bank has been named as the best consumer digital bank in Kenya by Global Finance Awards. The bank also emerged Best Integrated Consumer Bank Site, Best Online Product…

A Standard Chartered survey has shown that Covid-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half…

KCB Bank Kenya Limited has commenced payment of funds to remaining eligibledepositors of Imperial Bank Limited (in receivership) (IBLIR) in the current tranche of disbursements. The…

ABSA Bank Kenya has announced an 84.8 percent year on year drop in the first half of the year’s Earnings per Share to Sh0.11. This…

I&M Holdings Plc has reported a 29.5 percent year on year drop in Profit after tax to Sh3.2 billion in the first six months of the year. The performance was attributed…

Diamond Trust Bank Kenya has reported a 36.5 percent year on year decline in Profit after Tax to Sh2.6 billion in the first six months of 2020. The bank's loan provisions during the…

The banking industry in Kenya is poised to withstand market shocks induced by the Coronavirus disease (COVID-19) pandemic even as the economy grapples with a market environment…

Sanlam Kenya has posted a Sh99.1 million after-tax loss down from a Sh639.6 million after-tax profit posted within the same period last year. The firm realized a Sh136 million pre-tax…

Family Bank has posted a 63.6 percent increase in its gross profit in the first six months of the year to Sh852.1 million, up from Sh520.9 million registered in a similar period of 2019. …

Manufacturers in Kenya have raised concerns about shrinking market share due to, among others, unpredictable tax measures making industry uncompetitive, and derogated EAC Common External…