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Banking & Finance
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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Hazina Sacco celebrates Golden Jubilee, Efficiency in Financial Inclusion
Founded in the year 1971 and registered under the Co-operatives Societies Act (Cap 490) of the laws of Kenya, Hazina Sacco Society Limited is a nationwide Deposit Taking Sacco regulated by Sacco Societies Regulatory Authority (SASRA). The…
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DIB Bank Kenya Marks Four Years in The Country
Celebrating its 4 years anniversary, DIB Bank Kenya underscored its commitment with a promise to increase investments in the Kenyan market supporting the financing of business and individual customers, which currently stands at KES10.2…
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Ukulima Sacco Announces Plans to Grow Share Capital to 1b
By CW CorrespondentUkulima Sacco has announced plans to involve its highest depositors in an ambitious plan to raise its share capital to at least KES1 billion in the next two years.In the same plan outlined by the Sacco’s national…
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What Covid-19 Has Taught Us About Running Businesses
If you speak to any owner of a small, medium or large-sized business, a majority of them will share feedback saying that over the past one year or so, things have been tough due to the adverse socio-economic effects of COVID-19.Although…
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Treasury goes for Ksh.50 billion in extended bond offer
Treasury has sought to raise Ksh.50 billion as it opens its local borrowing account for the 2021/22 financial year through an extended bond sale.On Monday, the Central Bank of Kenya (CBK) announced the extended sale (tap sale) of two…
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