Banking & Finance

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 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 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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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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Ecobank Kenya has announced the launch of the Fingo Africa digital banking app targeting young people in Kenya and across Africa.The app was developed in collaboration between Fingo Africa, a Kenyan Fintech company, and Ecobank.…
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Family Bank and Wylde International have entered into a partnership that will see them collaborate to develop the Small and Medium Enterprises(SME) ecosystem through capacity-building trainings to help build resilient businesses. The…
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Family Bank has acquired a KES 20 million loan portfolio guarantee facility from the FSD to increase its loan book to dairy farmers, cooperatives, dairy companies and input suppliers. The two-year agreement credit guarantee facility will…
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Standard Chartered Kenya in partnership with Somo has today unveiled an ‘Access to Finance Programme’ that will support disadvantaged women by giving them access to small ticket loans ranging from KES 250K to KES 2.5m at a low interest rate…
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Family Bank Group has recorded a KES 3.7 billion Profit Before Tax for the full year ended 31 December 2022, a 12.2 % growth compared to KES 3.3 billion posted in 2021. The revenue growth was catapulted by double-digit growth in revenues,…
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Nyati Sacco held its 46th Annual Delegates Meeting marking milestones that project a bright future for the Sacco in its expedition to improve the socio-economic well-being of its stakeholders. The institution has over the years provided…
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