05/24/2019
Banking crisis: 50 directors, shareholders of collapsed banks to face court
The central bank noted that affected banks operated with severe capital constraints as it revoked their licences.
05/23/2019
Co-op Bank first quarter profit rises to Sh3.6bn
The lender's improved performance was also supported by a 19.1 percent increase in non-interest income, which rose to Sh4.2 billion.
05/23/2019
Equity, Family Bank & KCB among nominees in the African Banker Awards 2019
The award ceremony will be held on 11th June 2019 in Malabo, Equatorial Guinea.
05/22/2019
MyWORLD offers people the unique ability to bank together through shared banking.
05/22/2019
Mr Usoro is a member of the board of Access Bank Plc and when his issues with the EFCC was ranging
05/22/2019
The Bank will provide budgetary support to Chad in 2020 and 2021
05/22/2019
Both African Bank, a small lender which was rescued from collapse just five years ago, and Standard Bank said customers could open the new accounts without going into a branch.
05/21/2019
We are proud to have executed them successfully, as part of our broader separation programme which will be completed in the next year.
05/21/2019
“Small and mid-size enterprises are the lifeblood of any economy, but many have struggled to secure the necessary financing to continue operations in the current economic climate,” said CBK governor Patrick Njoroge during the launch of the pro
05/20/2019
“The banking industry is itself being disrupted by technology and has embraced this technology to develop solutions that truly benefit the real economy.
05/20/2019
HF also holds a short term loan facility of Sh516.3 million from fellow listed lender NIC Bank , for which it is paying interest at 14 percent per annum.
05/18/2019
The bank's financial statements for the 2018 financial year shows sterling performances against the backdrop of a turbulent banking environment last year.
05/17/2019
The combined entity could attain a return on equity of 26.9% in 2023 said KCB, which had a return on equity of 23% last year.
05/17/2019
He noted that banks in Nigeria have done well so far but the future holds a lot more than what has been experienced.
05/16/2019
The vulnerabilities in the banking sector have been addressed through a recapitalization process and regulatory reforms geared towards introducing efficiency in the way business is conducted.
05/16/2019
"Ecobank's vision is to decentralise banking, where customers can access banking at the comfort of their homes or any location, without physically coming to the bank," she said.
05/15/2019
Standard Bank, which was the most complained-about bank last year, has dropped to fourth position this year – while Absa, which was fourth, drew the most complaints out of all the banks in 2018.
05/15/2019
The median of seven economists’ estimates was for 0.6% growth. Sales contracted 0.7% from a month earlier, it said.
05/14/2019
He stressed that Egypt is the first destination for foreign investments in Africa, pointing out that the presence in Egypt is the most important investment of the group in Africa due to its distinguished geographic position
05/14/2019
Mr Mensah explained that “the Stanbic concept to attain financial independence is framed around a context of how people make money, spend it, save and invest, and share and leave a legacy.”