Banking & Finance

National Bank of Kenya (NBK) has posted KShs 2.97B in loss after tax for the period ending 30 September 2023, representing a 436% decline over a similar period in 2022. The decline in profitability resulted mainly from one-off costs…
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Family Bank through its philanthropic arm Family Group Foundation will spend KES 90 million on scholarships for 1000 bright and needy students joining form 1 next year. Through the Tufuzu Elimu High School Scholarship Program, the…
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In a pioneering move to foster stronger ties with the diplomatic community UBA bank hosted an event served as a pivotal platform to discuss collaborative efforts aimed at enhancing trade linkages, promoting economic empowerment, and…
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Family Bank has been recognized and awarded as the Best in Internal Customer Experience at the 2023 Service Excellence Awards organized by Institute of Customer Experience (ICX) Kenya. The Best Internal Customer Experience Award category…
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 Absa Bank Kenya PLC plans to double its sustainable finance allocation to KES120 billion in two years as part of its refreshed sustainability commitment. While unveiling the Bank's Sustainability Report for the financial year ending…
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Equity Bank has been honoured with three prestigious awards at the Global SME Finance Awards 2023. The awards were organized by the International Finance Corporation (IFC), a member of the World Bank Group, and the SME Finance Forum to…
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Family Bank has today received formal approval from shareholders to offer up to 800 million new shares through a rights issue. This will increase the Bank's issued authorized Ordinary shares from the current 1,500,000,000 Ordinary Shares to…
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By Moses Cheruiyot The European Investment Bank has published the “Financing in Africa Survey 2023,” providing unique insights into the evolving financial landscape across the African continent. This extensive analysis, conducted in…
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NCBA Bancassurance Intermediary LTD, a subsidiary of NCBA Group, has launched a premier digital insurance portal that empowers customers to take control of their insurance needs. The self-service portal aims to simplify the Insurance…
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