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Banking & Finance
Empowerment Forums for SMEs Unveiled by ABSA Bank to Explore Opportunities for SMEs
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…
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KCB Group Attains the Most Profitable Bank Badge in East Africa with 69% Rise in First Quarter of…
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…
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NCBA and Fanaka Real Estate Ltd Collaborate to Revolutionize Real Estate Financing
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…
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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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