Banking & Finance

By Antynet FordEquity Bank has announced that it will discontinue its EazzyBanking App, which was its pioneer mobile banking application, first unveiled in 2016.In a message sent to customers, the lender says that the application…
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The eco.business Fund has extended a USD 5 million loan, equivalent to KES 805 million, to its partner in Kenya, Family Bank to bolster sustainability-certified companies, small-holder farmers and other agribusiness value chain actors…
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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 CheruiyotThe 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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