09/06/2020
The bank mentioned lockdown restrictions on tourism and hospitality industries had a devastating impact on its enterprise, which has a powerful focuses on overseas exchange and associated merchandise.
09/04/2020
Combined, our top ten list would be valued at over $600 billion USD. Interesting fact, only four countries in Africa as a whole are represented in the Top Ten list; in fact, one country alone holds five places on the list.
09/03/2020
The Managing Director, Olumide Olatunji, introduced the ‘Perfect Start’ promo which is the first of its kind in the sector to the public.
09/02/2020
Perfect Start” promo which is an industry first, will run digitally online as part of efforts to adhere to COVID-19 safety protocols while creating opportunities for families to have fun and win amazing prizes.
08/31/2020
Top owners of the 36-year-old Kenyan bank with 28 branches were companies owned by close associates of the late Moi, including Joshua Kulei, Simeon Nyachae and the former Vice President George Saitoti.
08/31/2020
The provisions for bad loans cut the lenders’ net earnings by a third to Sh32.5 billion, making it the dominant factor in determining their profitability following the pandemic, overshadowing growth in interest income and fees on transactions.
08/30/2020
KCB, the country’s largest bank by asset size, relinquished its pole position as the most profitable lender after its pretax profit declined by 40 per cent to Sh7.6 billion.