Nairobi, March 21 -- Nigerian top lender, Access Bank Plc, will pay KCB Group about Sh13.2 billion to acquire National Bank of Kenya (NBK), even as the lender announced an eight per cent decline in it... Read More
Nairobi, March 20 -- NCBA Group has tapped a $50 million (Sh6.73 billion) loan from French development finance institution Proparco for on-lending to small and medium-sized enterprises (SMEs) and thos... Read More
Nairobi, March 18 -- Safaricom has locked shareholder dividend disbursements to electronic platforms including bank transfers and M-Pesa, ditching the use of cheques for such transactions. The telco,... Read More
Nairobi, March 18 -- Standard Chartered Bank Kenya plans to roll out its long-delayed mobile lending service within the second quarter of this year. The lender said it has resolved hitches encountere... Read More
Nairobi, March 15 -- Businesses are increasingly turning to vehicle leasing as an escape route from the elevated prices of buying new units to run their operations. Isuzu East Africa Managing Directo... Read More
Nairobi, March 15 -- Standard Chartered Bank Kenya raised its dividend payout by 32 percent to a record Sh29 per share as net profit for the financial year ended December 2023 grew 15 percent to Sh13.... Read More
Nairobi, March 14 -- Carbacid Investments has posted a 17.9 percent rise in net profit to Sh485.16 million in the half-year ended January 2024 on increased sales of carbon dioxide in the new regional ... Read More
Nairobi, March 14 -- Co-operative Bank of Kenya will open 15 new branches this year, continuing with the expansion of its physical outlets across the country despite the rising preference for digital ... Read More
Nairobi, March 13 -- Standard Chartered Bank Kenya has raised its dividend payout by 32 percent to a record Sh29 per share amounting to Sh10.96 billion, raising its share price at the Nairobi bourse t... Read More
Nairobi, March 13 -- Co-operative Bank of Kenya has relaxed the terms of asset financing deal with Isuzu East Africa by extending the repayment period by a year and allowing customers up to Sh2 millio... Read More