The Competition Authority of Kenya (CAK) has approved a plan to sell all National Bank of Kenya (NBK’s) shares, sealing the fate of the employees. According to the approval letter shared on Wednesday, ...

The first three quarters of 2024 marked substantial growth for Tanzania’s largest banks, showcasing a resilient banking ...

KCB on Wednesday signed a Memorandum of Understanding (MoU) with Invest International, a financial institution from the Netherlands. Invest International believes that this partnership is key to ...

At 21 per cent, KCB has one of the highest non performing loan ratios, which is the fraction of bad loans to a lender's total loans, among the large banks. In a statement, SBM Kenya Chief ...

The European Investment Bank (EIB Global) and KCB Bank Kenya have announced a Sh32.3 billion (€230 million) deal to support small and medium enterprises (SMEs), youth and women in Kenya.

Safaricom stock (SCOM) on the Nairobi Securities Exchange has risen by 11.3% in October 2024, following a previous decline in ...

It said it intends to invest more than Sh23.5 billion which translates to Sh65 per share. The Amsons Group bid is fully ...

Shares of KCB Group Plc, Kenya’s largest bank by assets, surged to their highest level since May as investors priced in the potential for a higher dividend payout on the back of its sale of ...

followed by KCB at Sh14.61 billion. The two lenders account for 39.9 percent of the outstanding non-guaranteed loans to the State-owned enterprises. Other top lenders include Stanbic Bank Kenya ...

Nairobi — Two of Kenya's top banks, Kenya Commercial Bank (KCB) and Equity Bank, have been ranked among Africa's top 300 finance champions but experienced declines in their standings due to ...