01/19/2021

Kenya's Co-op Bank gets $75m for lending to MSMEs

The seven-year loan will be benefit MSMEs undertaking climate-smart projects including agricultural inputs and sustainable agricultural practices, as well as those in renewable energy.

01/14/2021

Bank investors to miss Sh33 billion dividend

An unprecedented six of the 11 Nairobi Securities Exchange (NSE)-listed banks have warned that their profits will fall by more than a quarter—painting a bleak dividends outlook.

01/14/2021

Digitalisation is here to stay

This shift was also highlighted in a recent Mastercard e-commerce study, which revealed that 68% of South African consumers are shopping more online since the onset of the Covid-19 pandemic.

01/11/2021

Bank highlights business support solutions

Stanbic IBTC Trade Club offers business owners exposure to meet and trade with suppliers anywhere in the world, thus giving them the needed exposure to thrive.

01/06/2021

Banks fixed deposit rates fall to 5-year low on Covid

Banks reduced their appetite for deposits after opportunities for lending dried up with loans advanced growing by Sh121 billion in the March to October period, down from Sh156.4 billion in a similar period a year earlier.

01/05/2021

Absa Bank Uganda named the Banking Group Brand of the Year 2020

The Global Banking and Finance Review Awards recognise companies from all over the world and of all sizes, which demonstrate global excellence in innovation, strategy and progressive and inspirational changes within the global financial community.