11/28/2019
Additionally, funding cost for Kenyan banks stood 100 basis points lower over the same period, reflecting their wider access to retail deposits, it added.
11/27/2019
Access Bank has over the years partnered with several organisations to impact millions of lives and thousands of families.
11/27/2019
Bidders could include local telecommunications companies as well as infrastructure funds, the people said.
11/27/2019
Maluleke said the group’s customer base had declined for the first two years after the bank’s curatorship
11/27/2019
According to the statement, retail customer deposits stood at R2.3bn, up from R1.1bn in 2018.
11/27/2019
Net profit after tax up 13% to R1.15bn, with retail deposits increasing 115% to R2.4bn in the year to September.
11/26/2019
The lender’s non-interest income, mainly from fees and commissions on loans, grew by 11 percent to Sh2.05 billion.
11/26/2019
The group saw it third year of improved profitability to end-September, when retail deposits rose 115%
11/26/2019
It is poised to further unlock Uganda’s potential and support the country’s accelerated growth with its new business strategy
11/26/2019
Until the opening of the Standard Bank agency, Kamanjab had no full resident banking services, so inhabitants have had to either travel long distances to other towns to access these banking facilities or rely on mobile banking services by visiting the vil
11/25/2019
The bank’s chief executive Chege Thumbi said Sidian also signed an agreement to receive another €1.5 million
11/25/2019
Bank of Baroda Senior Management has taken cognizance of the issues appearing in the media.
11/21/2019
“To ensure the financial performance is comparable and to report the progress on the underlying business, Sh910 million has been reported as an exceptional item relating to the spend on transition to Absa,” said Barclays in a statement yesterd
11/21/2019
Paul Russo, the NBK managing director who was tapped from KCB to oversee the integration
11/20/2019
The results summarised the significant improved performance, reflecting the positive impact of the merger.
11/19/2019
The account’s launch is ahead of former FNB CEO Michael Jordaan’s Bank Zero which also promises zero monthly fees.
11/19/2019
‘It is a further step towards the delivery of its vision of building sub-Saharan Africa’s premier financial institution.”
11/19/2019
Halves key rate to 35%.
11/15/2019
President Uhuru Kenyatta has criticised commercial banks lending policy “which profiles small enterprises as “high risk” to deny them credit.”
11/15/2019
“We were not greedy…it is not about how much we charge. Commissions are not the focus, but rather the focus is access to foreign exchange,” said Mr Mwangi at Equity’s quarter three investor briefing on Tuesday.