Banking & Finance

By Catherine Muema,Family Bank has been voted as the overall second-best bank and best tier two bank in customer responsiveness and digital banking experience in a survey conducted by the Kenya Bankers Association.The 2022 survey…
Read More...

Absa Bank Kenya has partnered with financial technology platform Melanin Kapital and the African Guarantee Fund (AGF) to improve access to finance for women-owned and led SMEs through the joint program, ‘TUUNGANE 2XNa Absa.’Initially,…
Read More...

Family Bank has been awarded and recognised as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by Aceli Africa.The Bank was awarded during the Aceli Africa Convention which sought to discuss the…
Read More...

“We shall be hosting close to 200 SMEs in Kisumu with a keen focus on identifying and exploiting opportunities for growth." More than 1,000 SMEs in the Western Kenya region are poised to benefit from a business empowerment tour by Absa Bank…
Read More...

The partnership announced today, will see customers enjoy up to 90 per cent financing, with an extended loan repayment period of 48 months for the purchase of electric buses in a bid to reduce greenhouse emissions. Family Bank have today…
Read More...

Public Service Vehicles will now be able to access flexible financing options in a deal between KCB Bank Kenya and BasiGo Ltd, an e-mobility startup supplying electric bus services to sub-Saharan Africa.The partnership, will see customers…
Read More...

Equity Group has registered a 36% growth in profit after tax to KES 24.4B up from KES 17.9B in the first half of 2022, driven by a 29% growth in interest income to KES 55B up from KES 42.8B. During this period, the Group continued to…
Read More...

The Kenya National Police DT SACCO was named the second best managed SACCO in Kenya at the 100th Ushirika day celebrations held at the Kenyatta International Convention Centre (KICC) grounds in Nairobi. The award comes ahead of the…
Read More...

Stima Sacco shall provide Yasar equity-based finance transactions, including Mudarabah, Murabahah, Musharakah, Salam and Tawaruq. Stima deposit taking Sacco, after a successful launch has now embarked on a countrywide drive to popularize…
Read More...

SMEs to access up to 80 per cent asset financing for direct importation of quality second hand vehicles from Japan, Thailand, Singapore and South Africa. Customers can now directly import quality second hand vehicles by accessing up to 80…
Read More...