Banking

In 2023, most companies and businesses either issued profit warnings, announced mass firings of employees or closed shop. The reasons...

The increase in interest rates by the Central Bank of Kenya - CBK will have a significant impact on borrowers,...

Equity Bank is set to acquire a new Rwandan subsidiary, Cogenbanque Rwanda as the lender seeks to anchor its regional...

The banking industry is the cornerstone of the global economy, playing a pivotal role in facilitating financial transactions, supporting economic...

Family Bank has appointed a new Chief Executive Officer (CEO) following the exit of Rebecca Mbithi, who led the lender...

Access Bank PLC has warned its customers against high interest rates, citing tough macro-economic conditions which have led to the...

Top Kenyan Lawyer and advocate of the High Court, Kathryne Maundu has been hired by NCBA bank as its company...

Two leading Kenyan banks have put a total of 127 cars on auction. In notices on Wednesday, November 15, Co-operative Bank...

The I&M Group PLC has warned its shareholders to exercise caution when dealing with its shares. This is after they...

A United States based organization has officially acquired 51 percent of SMEP Microfinance Bank PLC which is owned by the National...

Absa Bank Kenya has rolled out an initiative to enhance the financial wellness amongst Kenyans. The initiative delivers a holistic...

Despite a warning from President William Ruto and a proposed forex hoarding criminalization bill, dollar hoarders have been gaining big. This...

Centum has entered into an agreement with other shareholders in Sidian Bank Limited for the sale of part of its...

Francis Atwoli, the Secretary General of the Central Organization of Trade Unions (Kenya), COTU (K), has condemned the proposed Forex...

Absa Bank on Monday, October 10 relaunched its China Desk to support the growing trade between Kenya and China. The...

International banks from Europe, the Americas and Asia pump money into projects that harm the climate. These projects include coal,...

NCBA Bank Kenya PLC on Tuesday, September 26 warned its shareholders following advanced plans to acquire AIG Kenya. In the...

President William Ruto on Monday, September 11 launched the Central Securities Depository Dhow (DhowCSD), noting that interested traders will now...

The European Investment Bank (EIB) Vice President Thomas Ostros announced that the multilateral lender had committed $50 million to support...

Victoria Commercial Bank (VCB) has clarified media reports linking the lender to the embattled sugar billionaire Jaswant Singh Rai. The...

Hustler Fund defaulters have increased over the past nine months since President William Ruto launched the program, on November 29,...

There is an imminent shortage of smartphones in the country following a crackdown by the state on cargo consolidation. The...

The Kenyan shilling has increasingly depreciated against the U.S dollar. As a global currency, the U.S. dollar is always in...

Kenya Institute of Bankers (KIB) acting Chief Executive Officer Dr. James Wanjagi has shed light on some of the challenges...

The World Financial Innovation Series (WFIS) 2023 has officially kicked off at the Kenyatta International Convention Center (KICC) in Nairobi...

Spearheading as the most technologically advanced country in the continent, Kenya has earned the title of “Silicon Savannah” in no...

Dr. Kamau Thugge was born in 1960 in Nyeri County He attended the University of Nairobi, where he graduated with...

The world is now gravitating towards digital financial services and so is Kenya with the rampant growth in smartphone adoption...

The Kenya Kwanza Government will be forced to borrow Ksh700 billion to fund Kenya's 2023 - 2024 budget. According to...

The Central Bank of Kenya (CBK) has announced the licensing of Digital Credit Providers (DCPs) which is pursuant to Section...