Banking & Finance

By Antynet FordFamily Bank Group has posted a KES. 1.3 billion Profit Before Tax for the period ended 31st March 2024, representing a 24.3% growth from a similar period last year.This growth in Profit Before Tax was mainly driven by…
Read More...

Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors, subject to regulatory approvals, taking over from long-serving Chairman Dr. Wilfred Kiboro.Dr. Wilfred Kiboro…
Read More...

By Shadrack NyakoeAbsa Bank Kenya has kicked off County Empowerment Forums that seek to explore the business opportunities for Small and Medium Enterprises (SMEs) and boost growth for the sector across the country amidst the prevailing…
Read More...

By Shadrack NyakoeKCB Group PLC has recorded a 69% growth in net profit to KShs. 16.5 billion in Q1 2024 from KShs. 9.8 billion, regaining its position as East Africa's most profitable Bank and cementing leadership as the largest lender…
Read More...

In a bid to transform the real estate market and promote accessible homeownership, NCBA Bank and Fanaka Real Estate Ltd have announced groundbreaking financing solutions for land purchase and construction.This collaboration aims to…
Read More...

By Antynet FordKenya Bankers Association (KBA) has urged the Government and the National Assembly to reconsider the proposed imposition of 16% Value Added Tax (VAT) on financial transactions outlined in the Finance Bill, 2024.It has…
Read More...

KCB Bank Kenya and Proparco, a subsidiary of Agence Française de Développement (AFD) Group, have entered into a strategic partnership to finance climate-related investment projects and empower women entrepreneurs in Kenya.The two…
Read More...

The forum offered customers an opportunity to interact with bank leadership, explore the bank's offerings and share feedback.NCBA Bank hosted customers from their Eastleigh branch located in Business Bay Mall, for a business…
Read More...

By Antynet FordEquity Bank has announced suspension of operations at their Mandera branch following an explosion of an Improvised Explosive Device (IED) in Elwak Town, Mandera County.The lender said the staff working at the branch…
Read More...

By Antynet FordEquity Bank has opened its newest branch in Mariakani, strategically located along the bustling Mombasa – Nairobi Highway.This expansion is part of the Bank’s ongoing effort to enhance accessibility to banking…
Read More...