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Banking & Finance
Family Bank Awarded For Best Internal Customer Experience At The 2023 ICX Service Excellence Awards
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 pledges to double sustainable finance to KES120 billion in two years.
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 Named SME Financier At Global SME Awards 2023
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 Receives Shareholders’ Approval To Offer 800 Million New Shares
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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Afri Banking Survey Shows Resilience in Difficult Environment
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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NCBA Bancassurance Intermediary LTD Launches Innovative Digital Insurance Platform
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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Ukulima Sacco Driving Kenya’s Informal Sector With Innovative Loan Products
By KJ OdongoUkulima Sacco has seen tremendous growth since rebranding last year in a bid to expand its market share within Kenya’s small and medium enterprises, a move aimed at growing and doubling its performance within the 2022 – 2026…
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KCB bank introduces tap to pay service for android users
KCB Bank in Kenya is aiming to capitalize on the growing trend of contactless payments by introducing its Tap To Pay service.The bank has partnered with Visa and Thales to enable customers with Android handsets and Garmin wearables to…
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Equity Group Becomes Second Largest Bank in Rwanda through Cogebanque Merger
Equity Group Holdings Plc, a financial services group, has announced its intention to acquire Compagnie Générale de Banque (Cogebanque) PLC Ltd in Rwanda.The acquisition will involve Equity Group paying a cash consideration of RWF 54.68…
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Lenders Partner To ‘Fund My Water’ In Six Counties
Six counties are set to access clean water through a Sh 330 million fund dubbed “Challenge Fund’ through a partnership with Aqua for All with Family Bank and Sidian Bank as the implementing partners.
The Challenge Fund adopts a …
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