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Banking & Finance
Absa Bank Kenya Expands Reach with New Branch at Kamakis, Ruiru
By Shadrack NyakoeAbsa Bank Kenya, in its quest to extend reach, has opened a new branch in Kamakis, Kiambu County, strategically positioning itself to serve the banking needs of this emerging town and its surrounding communities.…
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I&M Group PLC Reports 24% Increase in Pre-Tax Profit for Q3 2024
By Shadrack Nyakoe I&M Group achieved strong operating revenues across all markets, with regional businesses contributing 28% of the Group's Profit before Tax. This growth was fuelled by substantial gains in operating income, driven…
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Equity Bank announces cut of loan rates a second time
By Antynet FordEquity Bank has announced the reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities.This follows the recent decision by the Central Bank of Kenya’s Monetary Policy Committee…
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Equity Bank records 13% profit increase in third quarter
By Antynet FordHigh yields from government bonds in Kenya were critical to Equity Bank Group's profitability in the first nine months, which increased to Sh41.9 billion.The second largest lender in East Africa in terms of assets…
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Absa Bank Kenya Supports 200 Business Leaders in Kisumu, Concluding its Western Region Caravan
By Shadrack NyakoeAbsa Bank Kenya has today hosted 200 business leaders in Kisumu for a Business Club Forum as part of the Bank’s Western Kenya Caravan.The forum concluded the week’s activities across the region with other…
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Afreximbank Hosts Kisumu Conference to Boost African Trade
By Antynet FordIn a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African…
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Absa Bank Kenya partners with IFC to train 600 suppliers on corporate procurement readiness
Absa Bank Kenya has partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to provide training for over 600 suppliers in the past two years, preparing them to access corporate procurement…
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NMB Bank and Mastercard Launch Tanzania’s First QR Pay by Link Solution, Driving Digital…
NMB Bank Plc, in partnership with Mastercard, has unveiled Tanzania's first QR Pay by Link (QR PBL) payment solution, marking a significant step forward in the country's digital transformation.This innovative service allows small and…
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I&M Bank Extends Backbase Partnership for Digital Transformation
By Antynet Ford I&M Bank Kenya has reaffirmed its commitment to digital transformation and customer experience excellence by extending its strategic partnership with Backbase, the provider of the Engagement Banking Platform.The…
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Hazina Sacco Sets Up Satellite Office in Kitale to Serve Western and North Rift
By KJ OdongoHazina Sacco Society Limited has officially launched a Satellite office in Kitale town in a bid to better serve the western and North rift regions. The Kitale Satellite office is now located at the Mezzanine floor of Mega…
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