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Banking & Finance
KBA Urges Assembly to Reconsider Proposed 16% VAT on Financial Transactions
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…
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KCB Bank and Proparco ink a USD95 Million Credit Line Deal for Sustainable Projects and…
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…
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NCBA Bank hosts Customer Engagement Forum for its Eastleigh Branch
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…
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Equity Bank suspends operations in Elwak after IED explosion
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…
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Equity Bank Opens new branch in Mariakani
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…
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Kenya National Police DT Sacco: Setting Standards In the Co-operatives Space
Boasting of over half a century of competitive financial solutions to its members through effective mobilization and management of resources, the Kenya National Police DT Sacco continues to break barriers with many firsts in the…
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Family Bank wins eleventh edition of Excellence Customer Responsive Awards
By Antynet Ford Family Bank has been awarded for Excellence in Customer Responsiveness at the Innovation and Excellence Awards East Africa during the 11th edition of the Connected Banking Summit.Family Bank was recognized for its…
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Stanbic Bank facilitates 4.3B term debt for National Cement Company
By Antynet FordStanbic Bank will give a Sh 4.3 billion term debt to National Cement Company Ltd (“NCCL) to partially refinance NCCL's foreign currency liabilities incurred during the company’s expansionary capital expenditure phase.…
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Stima Sacco Records Remarkable Performance at 50th AGM, Sets Pace For Growth in 2024 and Beyond
Celebrating five decades of dedicated service and experience within the Sacco sector, Stima DT Sacco’s long standing presence and proven track record underscores the institution’s deep understanding of the intricacies in the SACCO industry.…
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Mastercard and Equity Bank join forces to enhance cross-border money transfers in Kenya
Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries.This collaboration marks a significant milestone for cross-border financial…
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