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Banking & Finance
Family Bank Acquires Ksh. 1.5 Billion Guarantee Facility From African Guarantee Fund To Fuel Growth…
...the African Guarantee Fund will provide a capacity-development assistance to Family Bank that will be utilized for technical expertise to the MSMEs and expose entrepreneurs to global knowledge on business development and climate-smart…
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Stanbic Bank Signs MoU with Kisumu County Government
Stanbic Bank Kenya has opened a new branch and signed a Memorandum of Understanding (MoU) with the County Government of Kisumu in a bid to contribute to the growth and development of the county.This is in line with the bank’s It Can Be …
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Harambee Records Growth as Total Assets Hit Ksh.34.62 billion
By Catherine MuemaHarambee DT Sacco Society has recorded a 187 percent rise in net surplus to Sh350 million on increased interest from members’ deposit in the year ended December 2021.This growth tabled before its Annual Delegates…
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Stima DT Sacco Records 16% Turnover Growth in the year 2021
Stima Sacco, one of Kenya’s most decorated Saccos has documented a turnover growth of 16% to Ksh.6.86 billion in the year 2021 from Ksh.5.89 billion recorded in the year 2020. During the financial year under review, the Sacco’s share…
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Hazina Sacco Announces 18% Dividend Payout at 38th Annual Delegates Meeting
Now in its 51st year of existence, Hazina DT Sacco has provided a variety of services through Back Office Services Activity (BOSA) and Front Office Services Activity (FOSA) in a bid to provide prompt, quality and efficient financial…
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Family Bank Scoops Overall Position In KBA’s 2021 Customer Satisfaction Survey
The Bank scooped overall second best bank and maintained the position as best tier two bank in customer responsiveness and satisfactory digital experience.
Family Bank has been voted best bank in customer responsiveness and digital banking…
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Family Bank Partners With Pcea To Fuel Growth Of Church Activities
Family Bank has entered a partnership with the Presbyterian Church of East Africa (PCEA) to offer tailor-made banking solutions aimed at promoting the growth of the church activities.The tailor-made solutions will enable the church to…
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Lender Acquires Loan for Onward Lending to SMEs, Climate Smart Projects
Equity Group has acquired a US$ 165 million (Ksh 18.6 billion) loan from the International Finance Corporation (IFC) to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients in…
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Family Bank Profit Up By 76.9pc to Ksh. 2.6 Billion
Family Bank Group profit before tax for the first nine months of the year grew by 76.9% to KES 2.6 billion compared to KES 1.5 billion recorded in a similar period last year.
Net interest income, largely from loans and advances,…
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Family Bank Opens New Branch in Isiolo
Family Bank's impact has continued to rise over the years as a key player in supporting Micro, Small and Medium-Sized Enterprises (MSMEs) with increased lending focused on bolstering the growth of small traders, who form over 80 per cent of…
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