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Banking & Finance
DTB profits jump 12 per cent
Diamond Trust Bank (DTB) Thursday announced a 12 per cent increase in pretax profit of Sh 9.57billion for full year…
Cost of living out of reach for most Kenyans
Bulk of Kenyan households is yet to reap the benefits of El’ Nino rains experienced between November 2015 and…
KCB targets young entrepreneurs with a Sh50b programme
Kenya Commercial Bank(KCB) has launched a Sh 50 billion enterprise development programme aimed at empowering…
NBK scoops an award for business process automation
National Bank of Kenya (NBK) has won an award from the global Workflow Management Coalition (WfCW), an…
Kenya’s Co-op Bank posts 41 per cent profit increase
Co-operative Bank Group has recorded a 41 per cent pretax profit f Sh 15Billion for the full year ended December,…
BOA unveils new strategy, acquires Moroccan subsidiary
Bank of Africa Kenya (BOA) has acquired a majority stake in the BMCE Bank of Morocco.
The Moroccan subsidiary…
Tanzania Shilling stabilises on low dollar demand
Tsh according to reports, closed last Friday session trading at 2,182/2,192 against the US dollar, as the market…
Transnational Bank records 32 per cent profit jump
Transnational Bank has recorded a 32 per cent growth in profit before tax in the financial year 2015, to Sh252…
KCB sign pact to automate payment services to University of Nairobi
KCB and University of Nairobi (UON) have entered a partnership deal which will see an ease in student admission to…
NIC Bank partners with Nissan Kenya for asset finance
NIC Bank has partnered with Nissan Kenya to offer competitive financing at the launch of the new Nissan 3rd…