09/11/2019
The bank’s recorded improved performance in the half year(H1) ended June 30, 2019, as its audited results showed gross earnings of N324.4 billion, indicating a growth of 28 per cent from N253.0 billion in the corresponding period of 2018.
09/10/2019
It is to be recalled that CBE earned over $612.46 million in profits in 2018/19, and has a deposit of $18.5 billion.
09/10/2019
Between December 13, last year and January 10, 2019 the bank borrowed Sh560 million
09/08/2019
Seeing the bright young pupils as their names are called out, with their expectant faces looking forward to an education in top-notch global universities, and a rewarding career afterwards when they graduate, is always a memorable sight to behold.
09/06/2019
Looking at the number of women present here today, I don’t think the initial N4billion we set aside to help women will be sufficient and based on that, the initiative fund will be increased to N10 billion.
09/05/2019
Total assets also increased by 6%, at the end of June 2019 compared to the end of 2018.
09/05/2019
But earnings at the bank’s consumer division rose more than 10%, outperforming those of key competitors.
09/04/2019
The shortlisted banks were rated based on several criteria
09/04/2019
As we have been engaging with the matter, the (SARB) are looking for certainty on a number of things.
09/04/2019
Moloto noted the bank had managed to maintain its balance sheet and remain profitable in 2019
09/03/2019
All Cosatu-affiliated unions will mobilise to ensure that the Sasbo banking sector strike on 27 September is successful,” said deputy general-secretary Solly Phetoe.
09/03/2019
The approval has been granted in accordance with Section 13(1) (e) of the Banking Act,’’ CBK said
09/03/2019
NBK was founded by the government in 1968 but is now listed on the Nairobi Stock Exchange.
09/02/2019
In fact, analysts expect that when Access Bank, which merged with Diamond Bank in April this year, eventually releases its H1 2019 results, the numbers will show that in terms of deposit mobilization, DMBs also performed better in the first six months of
09/02/2019
The profit for the first half of the year, translated to an annualised return on average equity of 21.7 per cent.
09/02/2019
Ecobank Kenya more than doubled its net profit for the six months booking
08/30/2019
The increase in costs was despite the Group more than halving its rental charges from Sh204 million to Sh99.7 million.
08/30/2019
The implementation of such an initiative would allow BMCE Bank to strengthen the shareholder return base.
08/30/2019
We are encouraged by the results
08/28/2019
Africa’s biggest bank by assets has invested $4 million in Nomanini, which connects informal merchants with distributors via an e-wallet, and aims to roll the service out across 14 African countries by early 2021.